Magnus Concordia Group (HKSE:01172) Cash-to-Debt : 0.25 (As of Sep. 2023)

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What is Magnus Concordia 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. Magnus Concordia Group's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.25.

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, Magnus Concordia Group couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

HKSE:01172' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 0.84 Max: 14.51
Current: 0.25

During the past 13 years, Magnus Concordia Group's highest Cash to Debt Ratio was 14.51. The lowest was 0.19. And the median was 0.84.

HKSE:01172's Cash-to-Debt is ranked worse than
50.03% of 1785 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:01172: 0.25

Magnus Concordia Group Cash-to-Debt Historical Data

The historical data trend for Magnus Concordia 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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Magnus Concordia Group Cash-to-Debt Chart

Magnus Concordia Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

0.74

0.96

0.86

0.31

0.20

Magnus Concordia Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.61	0.31	0.19	0.20	0.25

Competitive Comparison of Magnus Concordia Group's Cash-to-Debt

For the Real Estate - Development subindustry, Magnus Concordia 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.

Magnus Concordia Group's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Magnus Concordia Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Magnus Concordia Group's Cash-to-Debt falls into.

Magnus Concordia 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.

Magnus Concordia Group's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	38.29	/	(166.962	+	22.98)
	=	0.20

Magnus Concordia Group's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	42.872	/	(146.635	+	26.275)
	=	0.25

Magnus Concordia Group (HKSE:01172) 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.

Magnus Concordia Group Cash-to-Debt Related Terms

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

Magnus Concordia Group (HKSE:01172) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Magnus Concordia Group Ltd (HKSE:01172) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

139 Hennessy Road, Units D & E, 20 Floor, China Overseas Building, Wanchai, Hong Kong, HKG

Website

https://www.mcgrouphk.com

Magnus Concordia Group Ltd is an investment holding company. The company's business divisions are Printing business, Property investment, Property Development, and Treasury where the printing business division includes the manufacture and sale of printed products including art books, packaging boxes, and children's books. property investment segment covers the investment and leasing of real estate properties, the Property development segment covers the development, sale, and trading of real estate properties, and the Treasury business involves the investment and trading of debts, equity, and other treasury instruments. The company earns its maximum revenue from property development and has a presence in Hong Kong, the United States, the UK, France, Mainland China, and other countries.

Executives

Sfund International Investment Fund Management Limited	2201 Interest of corporation controlled by you
Guang Zhou Ke Ji Jin Rong Chuang Xin Tou Zi Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Zhou Chan Ye Tou Zi Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Zhou Hui Yin Tian Yue Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Zhou Shi Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhang Jing	2201 Interest of corporation controlled by you
Zeng Dazhang	2201 Interest of corporation controlled by you
Xinsheng International Holding Limited	2201 Interest of corporation controlled by you
Wang Xiqiang	2201 Interest of corporation controlled by you
Shining Orient Investment Limited	2201 Interest of corporation controlled by you
Ally Cosmo Group Limited	2201 Interest of corporation controlled by you
Qingda Developments Limited	2101 Beneficial owner
Pioneer Fund Limited Partnership	2201 Interest of corporation controlled by you
New Element Investments Limited	2201 Interest of corporation controlled by you
Li Li	2201 Interest of corporation controlled by you

Magnus Concordia Group (HKSE:01172) Headlines

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