China Everbright Greentech (HKSE:01257) Cash-to-Debt : 0.10 (As of Dec. 2023)

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What is China Everbright Greentech 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 Everbright Greentech's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.10.

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 Everbright Greentech 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 Everbright Greentech's Cash-to-Debt or its related term are showing as below:

HKSE:01257' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.29 Max: 1
Current: 0.1

During the past 10 years, China Everbright Greentech's highest Cash to Debt Ratio was 1.00. The lowest was 0.09. And the median was 0.29.

HKSE:01257's Cash-to-Debt is ranked worse than
69.93% of 429 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.23 vs HKSE:01257: 0.10

China Everbright Greentech Cash-to-Debt Historical Data

The historical data trend for China Everbright Greentech'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 Everbright Greentech Cash-to-Debt Chart

China Everbright Greentech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.23

0.15

0.12

0.09

0.10

China Everbright Greentech Semi-Annual Data
	Dec14	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													0.12	0.13	0.09	0.09	0.10

Competitive Comparison of China Everbright Greentech's Cash-to-Debt

For the Utilities - Renewable subindustry, China Everbright Greentech'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 Everbright Greentech's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Everbright Greentech's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where China Everbright Greentech's Cash-to-Debt falls into.

China Everbright Greentech 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 Everbright Greentech'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)
	=	2331.422	/	(10226.137	+	12939.868)
	=	0.10

China Everbright Greentech'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)
	=	2331.422	/	(10226.137	+	12939.868)
	=	0.10

China Everbright Greentech (HKSE:01257) 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 Everbright Greentech Cash-to-Debt Related Terms

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

China Everbright Greentech (HKSE:01257) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Everbright Greentech Ltd (HKSE:01257) » Definitions » Cash-to-Debt

Traded in Other Exchanges

CK7:Germany

Address

16 Harcourt Road, Room 3602, 36th Floor, Far East Finance Centre, Hong Kong, HKG

Website

https://www.ebgreentech.com

China Everbright Greentech Ltd is an investment holding company. It operates in the following segments: Integrated biomass utilization project construction and operation; Hazardous and solid waste treatment project construction and operation; Environmental remediation project operation; Solar energy, and wind power project operation. The company derives the majority of its revenue from the integrated biomass utilization segment, which engages in the construction and operation of biomass direct combustion power generation projects, biomass heat supply projects, biomass electricity and heat cogeneration projects, waste-to-energy projects, and integrated biomass and waste-to-energy project. Its geographical segments are China, Hong Kong, and Germany.

Executives

Ning Bo Kai Fa Tou Zi Ji Tuan You Xian Gong Si	2101 Beneficial owner
Ning Bo Neng Yuan Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner
China Everbright Holdings Company Limited	2201 Interest of corporation controlled by you
Ning Bo Ning Dian Tou Zi Fa Zhan You Xian Gong Si	2101 Beneficial owner

China Everbright Greentech (HKSE:01257) Headlines

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