China Shanshui Cement Group (HKSE:00691) Cash-to-Debt : 0.45 (As of Dec. 2023)

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What is China Shanshui Cement Group 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. China Shanshui Cement Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.45.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, China Shanshui Cement Group couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for China Shanshui Cement Group's Cash-to-Debt or its related term are showing as below:

HKSE:00691' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.19 Max: 0.55
Current: 0.45

During the past 13 years, China Shanshui Cement Group's highest Cash to Debt Ratio was 0.55. The lowest was 0.01. And the median was 0.19.

HKSE:00691's Cash-to-Debt is ranked worse than
50.4% of 375 companies
in the Building Materials industry
Industry Median: 0.46 vs HKSE:00691: 0.45

China Shanshui Cement Group Cash-to-Debt Historical Data

The historical data trend for China Shanshui Cement Group'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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China Shanshui Cement Group Cash-to-Debt Chart

China Shanshui Cement Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.22

0.29

0.55

0.46

0.45

China Shanshui Cement Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.55	0.45	0.46	0.51	0.45

Competitive Comparison of China Shanshui Cement Group's Cash-to-Debt

For the Building Materials subindustry, China Shanshui Cement Group'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.

China Shanshui Cement Group's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, China Shanshui Cement Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where China Shanshui Cement Group's Cash-to-Debt falls into.

China Shanshui Cement Group 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.

China Shanshui Cement Group'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)
	=	3025.959	/	(5738.289	+	933.235)
	=	0.45

China Shanshui Cement Group'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)
	=	3025.959	/	(5738.289	+	933.235)
	=	0.45

China Shanshui Cement Group (HKSE:00691) 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.

China Shanshui Cement Group Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of China Shanshui Cement Group's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

China Shanshui Cement Group (HKSE:00691) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Shanshui Cement Group Ltd (HKSE:00691) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shanshui Industrial Park, Gushan Town, Changqing District, Shandong, Jinan, CHN, 250307

Website

http://www.shanshuicement.com

China Shanshui Cement Group Ltd is a cement producer in China. The company manufactures and sells cement, clinker, and concrete in several provinces of China. Its geographic segments include Shandong Province which contributes to the majority of revenue and several other provinces of China that include Northeastern China, Shanxi Province, and Xinjiang Region. Its products are used for national key projects, railways, highways, airports, real estates and other infrastructure construction and exported to more than 60 countries and other international markets.

Executives

Bo Hai Yin Hang Gu Fen You Xian Gong Si Da Lian Fen Hang	2106 Person having a security interest in shares
Shen Neng International Spc - Green Planet Sp	2101 Beneficial owner
Shen Neng Investment Management Limited	2101 Beneficial owner
Li Fengluan	2201 Interest of corporation controlled by you
Li Liufa	2201 Interest of corporation controlled by you
Tianrui (international) Holding Company Limited	2101 Beneficial owner
Tianrui Group Company Limited	2201 Interest of corporation controlled by you
Asia Cement Corporation	2101 Beneficial owner
Yu Yuan Investment Corporation Limited	2101 Beneficial owner
China Building Material Holdings Co., Limited	2101 Beneficial owner
China National Building Material Company Limited	2201 Interest of corporation controlled by you
China National Building Material Group Co., Ltd.	2201 Interest of corporation controlled by you

China Shanshui Cement Group (HKSE:00691) Headlines

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