West China Cement (HKSE:02233) Cash-to-Debt : 0.09 (As of Dec. 2023)

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What is West China Cement 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. West China Cement's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.09.

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, West China Cement 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 West China Cement's Cash-to-Debt or its related term are showing as below:

HKSE:02233' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.25 Max: 0.39
Current: 0.09

During the past 13 years, West China Cement's highest Cash to Debt Ratio was 0.39. The lowest was 0.09. And the median was 0.25.

HKSE:02233's Cash-to-Debt is ranked worse than
82.93% of 375 companies
in the Building Materials industry
Industry Median: 0.46 vs HKSE:02233: 0.09

West China Cement Cash-to-Debt Historical Data

The historical data trend for West China Cement'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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West China Cement Cash-to-Debt Chart

West China Cement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.31

0.20

0.39

0.15

0.09

West China Cement Semi-Annual Data
	Jun14	Dec14	Jun15	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															0.39	0.27	0.15	0.13	0.09

Competitive Comparison of West China Cement's Cash-to-Debt

For the Building Materials subindustry, West China Cement'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.

West China Cement's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, West China Cement's Cash-to-Debt distribution charts can be found below:

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

West China Cement 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.

West China Cement'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)
	=	1009.188	/	(3973.494	+	7704.138)
	=	0.09

West China Cement'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)
	=	1009.188	/	(3973.494	+	7704.138)
	=	0.09

West China Cement (HKSE:02233) 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.

West China Cement Cash-to-Debt Related Terms

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

West China Cement (HKSE:02233) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » West China Cement Ltd (HKSE:02233) » Definitions » Cash-to-Debt

Traded in Other Exchanges

WCHNF:USA WFG1:Germany

Address

No. 336 4th Shenzhou Road, Yaobai R&D Training Center, Aerospace Industrial Base, Chang’an District, Xian, Shaanxi, CHN

Website

http://www.westchinacement.com

West China Cement Ltd is a producer of cement and supplies its products to the infrastructure, urban, and rural construction markets in China. The primary use of West China's cement is in the construction of infrastructure projects such as highways, bridges, railways, roads, and residential buildings.

Executives

Conch International Holdings (hk) Limited	2101 Beneficial owner
Zhong Guo Hai Luo Chuang Ye Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
An Hui Hai Luo Ji Tuan You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Wu Hu Hai Chuang Shi Ye You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
An Hui Hai Luo Shui Ni Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

West China Cement (HKSE:02233) Headlines

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