Chinese People Holdings Co (HKSE:00681) Cash-to-Debt : 6.11 (As of Dec. 2023)

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What is Chinese People Holdings Co Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Chinese People Holdings Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 6.11.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Chinese People Holdings Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Chinese People Holdings Co's Cash-to-Debt or its related term are showing as below:

HKSE:00681' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.24 Med: 5.19 Max: 21.49
Current: 6.11

During the past 13 years, Chinese People Holdings Co's highest Cash to Debt Ratio was 21.49. The lowest was 2.24. And the median was 5.19.

HKSE:00681's Cash-to-Debt is ranked better than
85.94% of 498 companies
in the Utilities - Regulated industry
Industry Median: 0.245 vs HKSE:00681: 6.11

Chinese People Holdings Co Cash-to-Debt Historical Data

The historical data trend for Chinese People Holdings Co's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Chinese People Holdings Co Cash-to-Debt Chart

Chinese People Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Cash-to-Debt

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2.24

3.00

4.87

5.51

6.11

Chinese People Holdings Co Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															4.87	3.62	5.51	5.15	6.11

Competitive Comparison of Chinese People Holdings Co's Cash-to-Debt

For the Utilities - Regulated Gas subindustry, Chinese People Holdings Co's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Chinese People Holdings Co's Cash-to-Debt Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Chinese People Holdings Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Chinese People Holdings Co's Cash-to-Debt falls into.

Chinese People Holdings Co Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Chinese People Holdings Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	679.342	/	(93.332	+	17.869)
	=	6.11

Chinese People Holdings Co's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	679.342	/	(93.332	+	17.869)
	=	6.11

Chinese People Holdings Co (HKSE:00681) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Chinese People Holdings Co Cash-to-Debt Related Terms

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Chinese People Holdings Co (HKSE:00681) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Chinese People Holdings Co Ltd (HKSE:00681) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

KEH:Germany

Address

No. 2 Jingyuan North Street, No. 36 BDA International Business Park, Economic Technological Development Area, Beijing, CHN

Website

http://www.681hk.com

Chinese People Holdings Co Ltd is an investment holding company. Its segments are Piped gas transmission & distribution, which is into sales of piped gas and construction of gas pipeline networks under gas connection contracts; Cylinder gas supply segment includes sales and distribution of gas using tank containers to end-user households, industrial and commercial customers; Gas distribution segment is into sales of natural gas to industrial and commercial customers; and FMCG & food ingredients supply which is into wholesales and retail of merchandise through supermarkets and convenience stores. Geographically, it derives revenue from China.

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