Ronshine Service Holding Co (HKSE:02207) Cash-to-Debt : 160.61 (As of Dec. 2023)

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What is Ronshine Service 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. Ronshine Service Holding Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 160.61.

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, Ronshine Service Holding Co 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 Ronshine Service Holding Co's Cash-to-Debt or its related term are showing as below:

HKSE:02207' s Cash-to-Debt Range Over the Past 10 Years
Min: 29.44 Med: 95.98 Max: 160.61
Current: 160.61

During the past 6 years, Ronshine Service Holding Co's highest Cash to Debt Ratio was 160.61. The lowest was 29.44. And the median was 95.98.

HKSE:02207's Cash-to-Debt is ranked better than
91.43% of 1786 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:02207: 160.61

Ronshine Service Holding Co Cash-to-Debt Historical Data

The historical data trend for Ronshine Service 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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Ronshine Service Holding Co Cash-to-Debt Chart

Ronshine Service Holding Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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100.17

29.44

91.79

131.57

160.61

Ronshine Service Holding Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial					91.79	96.32	131.57	109.80	160.61

Competitive Comparison of Ronshine Service Holding Co's Cash-to-Debt

For the Real Estate Services subindustry, Ronshine Service 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.

Ronshine Service Holding Co's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ronshine Service Holding Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Ronshine Service Holding Co's Cash-to-Debt falls into.

Ronshine Service 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.

Ronshine Service 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)
	=	822.306	/	(2.586	+	2.534)
	=	160.61

Ronshine Service 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)
	=	822.306	/	(2.586	+	2.534)
	=	160.61

Ronshine Service Holding Co (HKSE:02207) 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.

Ronshine Service Holding Co Cash-to-Debt Related Terms

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

Ronshine Service Holding Co (HKSE:02207) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ronshine Service Holding Co Ltd (HKSE:02207) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 226 Panyang Road, Room 401-3, Building No. 6, Minhang District, Shanghai, CHN

Website

http://www.rxswy.com

Ronshine Service Holding Co Ltd is principally engaged in the provision of property management services and related value-added services, including pre-delivery services, household assistance services, sales services, and other services in China. The company derives a majority of its revenue from the People's Republic of China.

Executives

Ou Zonghong	2307 Founder of a discretionary trust who can infl
Hsbc International Trustee Limited	2301 Trustee
Rongan Juxiang Co., Ltd	2201 Interest of corporation controlled by you
Rongxin Yipin Co., Ltd	2101 Beneficial owner
Fumei International Co., Ltd	2101 Beneficial owner

Ronshine Service Holding Co (HKSE:02207) Headlines

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