China Ecotourism Group (HKSE:01371) Cash-to-Debt : 0.19 (As of Dec. 2023)

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What is China Ecotourism 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 Ecotourism Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.19.

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 Ecotourism 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 Ecotourism Group's Cash-to-Debt or its related term are showing as below:

HKSE:01371' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 0.37 Max: 1.19
Current: 0.19

During the past 13 years, China Ecotourism Group's highest Cash to Debt Ratio was 1.19. The lowest was 0.12. And the median was 0.37.

HKSE:01371's Cash-to-Debt is ranked worse than
69.16% of 817 companies
in the Travel & Leisure industry
Industry Median: 0.6 vs HKSE:01371: 0.19

China Ecotourism Group Cash-to-Debt Historical Data

The historical data trend for China Ecotourism 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 Ecotourism Group Cash-to-Debt Chart

China Ecotourism Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

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0.44

0.34

0.15

0.22

0.29

China Ecotourism Group Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.22	0.40	0.29	0.14	0.19

Competitive Comparison of China Ecotourism Group's Cash-to-Debt

For the Gambling subindustry, China Ecotourism 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 Ecotourism Group's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, China Ecotourism Group's Cash-to-Debt distribution charts can be found below:

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

China Ecotourism 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 Ecotourism Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 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)
	=	94.657	/	(327.519	+	3.375)
	=	0.29

China Ecotourism 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)
	=	62.839	/	(326.925	+	5.234)
	=	0.19

China Ecotourism Group (HKSE:01371) 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 Ecotourism Group Cash-to-Debt Related Terms

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China Ecotourism Group (HKSE:01371) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » China Ecotourism Group Ltd (HKSE:01371) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

WORA:Germany

Address

39 Yip Kan Street, Unit 1801, 18th Floor, Landmark South, Wong Chuk Hang, Hong Kong, HKG

Website

https://www.ecotourgroup.com

China Ecotourism Group Ltd is an investment holding company. Along with its subsidiaries, the firm is engaged in the business of the provision of technology and services for lottery systems, terminal equipment, and gaming products and their operations in China's lottery market. It offers various lottery products ranging from video lottery, computer ticket games, and KENO-type lottery. The segments of the group are Lottery systems, terminal equipment, and related products, which is the key revenue-generating segment; and Natural and health food. It has a business presence in the PRC, Hong Kong, and Others of which a majority of revenue is derived from the PRC.

Executives

China Carbon Neutral Development Group Limited	2101 Beneficial owner
Lau Ting
Cao Junsheng	2201 Interest of corporation controlled by you
Mao Yuan Capital Limited	2101 Beneficial owner
Chan Shing	2202 Interest of your spouse
Favor King Limited

China Ecotourism Group (HKSE:01371) Headlines

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