China Electronics Optics Valley Union Holding Co (HKSE:00798) Cash-to-Debt : 0.23 (As of Dec. 2023)

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What is China Electronics Optics Valley Union Holding 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. China Electronics Optics Valley Union Holding Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.23.

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 Electronics Optics Valley Union Holding Co 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 Electronics Optics Valley Union Holding Co's Cash-to-Debt or its related term are showing as below:

HKSE:00798' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.23 Med: 0.32 Max: 0.6
Current: 0.23

During the past 11 years, China Electronics Optics Valley Union Holding Co's highest Cash to Debt Ratio was 0.60. The lowest was 0.23. And the median was 0.32.

HKSE:00798's Cash-to-Debt is ranked worse than
52.18% of 1786 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:00798: 0.23

China Electronics Optics Valley Union Holding Co Cash-to-Debt Historical Data

The historical data trend for China Electronics Optics Valley Union Holding 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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China Electronics Optics Valley Union Holding Co Cash-to-Debt Chart

China Electronics Optics Valley Union Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.31

0.33

0.39

0.29

0.23

China Electronics Optics Valley Union Holding Co 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															0.39	0.33	0.29	0.21	0.23

Competitive Comparison of China Electronics Optics Valley Union Holding Co's Cash-to-Debt

For the Real Estate Services subindustry, China Electronics Optics Valley Union Holding 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.

China Electronics Optics Valley Union Holding Co's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Electronics Optics Valley Union Holding Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where China Electronics Optics Valley Union Holding Co's Cash-to-Debt falls into.

China Electronics Optics Valley Union Holding 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.

China Electronics Optics Valley Union Holding 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)
	=	2066.557	/	(3822.735	+	5035.074)
	=	0.23

China Electronics Optics Valley Union Holding 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)
	=	2066.557	/	(3822.735	+	5035.074)
	=	0.23

China Electronics Optics Valley Union Holding Co (HKSE:00798) 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 Electronics Optics Valley Union Holding Co Cash-to-Debt Related Terms

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China Electronics Optics Valley Union Holding Co (HKSE:00798) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Electronics Optics Valley Union Holding Co Ltd (HKSE:00798) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Ye Zhi Hu West Road, Building No. 1, Higher Level, Creative Capital, Hongshan District, Hubei, Wuhan, CHN

Website

http://www.ceovu.com

China Electronics Optics Valley Union Holding Co Ltd is an investment holding company engaged in the development of properties. The segments are Industrial Park development services; industrial park operation services including design and construction services, property management services, leasing services, energy services, digital park (apartment) services, incubator and office sharing services, industrial park financial services as well as group catering and hotel services; and industrial investment this segment represents industrial-related industry investment businesses in various theme parks. The group's operations are located in Mainland China.

Executives

Huang Liping	2201 Interest of corporation controlled by you
Aaa Finance And Investment Holdings Limited	2101 Beneficial owner
China Electronics Corporation Limited	2201 Interest of corporation controlled by you
Hubei Science & Technology Investment Group (hong Kong) Company Limited	2101 Beneficial owner
Hubei Science & Technology Investment Group Co., Ltd.	2201 Interest of corporation controlled by you

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