Sunac Services Holdings (HKSE:01516) Cash-to-Debt : 36.58 (As of Dec. 2023)

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What is Sunac Services Holdings 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. Sunac Services Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 36.58.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Sunac Services Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Sunac Services Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:01516' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.3 Med: 32.24 Max: 231.98
Current: 36.58

During the past 7 years, Sunac Services Holdings's highest Cash to Debt Ratio was 231.98. The lowest was 0.30. And the median was 32.24.

HKSE:01516's Cash-to-Debt is ranked better than
88.7% of 1779 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:01516: 36.58

Sunac Services Holdings Cash-to-Debt Historical Data

The historical data trend for Sunac Services Holdings'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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Sunac Services Holdings Cash-to-Debt Chart

Sunac Services Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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31.12

231.98

47.48

32.24

36.58

Sunac Services Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial							47.48	36.35	32.24	31.75	36.58

Competitive Comparison of Sunac Services Holdings's Cash-to-Debt

For the Real Estate Services subindustry, Sunac Services Holdings'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.

Sunac Services Holdings's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunac Services Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Sunac Services Holdings's Cash-to-Debt falls into.

Sunac Services Holdings 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.

Sunac Services Holdings'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)
	=	4739.218	/	(20.161	+	109.381)
	=	36.58

Sunac Services Holdings'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)
	=	4739.218	/	(20.161	+	109.381)
	=	36.58

Sunac Services Holdings (HKSE:01516) 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.

Sunac Services Holdings Cash-to-Debt Related Terms

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

Sunac Services Holdings (HKSE:01516) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunac Services Holdings Ltd (HKSE:01516) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SSHLY:USA

Address

Hongqi Road, Block O1A, 25th Floor, Sunac Center, Nankai District, Tianjin, CHN, 300381

Website

http://www.sunacservice.com

Sunac Services Holdings Ltd is engaged in the provision of property management services, value-added services to non-property owners, community living services and commercial operational services in the PRC.

Executives

Sun Hongbin	2307 Founder of a discretionary trust who can infl
Sunac Holdings Llc	2201 Interest of corporation controlled by you
Sunac International Investment Holdings Ltd	2201 Interest of corporation controlled by you
Sunac China Holdings Limited	2201 Interest of corporation controlled by you
Sunac Services Investment Limited	2101 Beneficial owner
Gai Gong Si Wei Sun Hong Bin Xian Sheng Jia Zu Xin Tuo De Shou Tuo Ren	2201 Interest of corporation controlled by you
Sunac Shine (ptc) Limited	2301 Trustee
Morgan Stanley International Holdings Inc.	2201 Interest of corporation controlled by you
Morgan Stanley International Limited	2201 Interest of corporation controlled by you
Morgan Stanley Investments (uk)	2201 Interest of corporation controlled by you
Morgan Stanley & Co. International Plc	2105 Underwriter

Sunac Services Holdings (HKSE:01516) Headlines

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