Sunshine 100 China Holdings (HKSE:02608) Cash-to-Debt : 0.04 (As of Dec. 2023)

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What is Sunshine 100 China 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. Sunshine 100 China Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.04.

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, Sunshine 100 China Holdings 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 Sunshine 100 China Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:02608' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.1 Max: 0.18
Current: 0.04

During the past 12 years, Sunshine 100 China Holdings's highest Cash to Debt Ratio was 0.18. The lowest was 0.04. And the median was 0.10.

HKSE:02608's Cash-to-Debt is ranked worse than
84.2% of 1785 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:02608: 0.04

Sunshine 100 China Holdings Cash-to-Debt Historical Data

The historical data trend for Sunshine 100 China 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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Sunshine 100 China Holdings Cash-to-Debt Chart

Sunshine 100 China Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.10

0.14

0.06

0.04

Sunshine 100 China Holdings 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															0.06	0.05	0.04	0.04	0.04

Competitive Comparison of Sunshine 100 China Holdings's Cash-to-Debt

For the Real Estate - Development subindustry, Sunshine 100 China 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.

Sunshine 100 China Holdings's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunshine 100 China Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Sunshine 100 China Holdings's Cash-to-Debt falls into.

Sunshine 100 China 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.

Sunshine 100 China 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)
	=	1121.368	/	(25101.649	+	4494.668)
	=	0.04

Sunshine 100 China 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)
	=	1121.368	/	(25101.649	+	4494.668)
	=	0.04

Sunshine 100 China Holdings (HKSE:02608) 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.

Sunshine 100 China Holdings Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Sunshine 100 China Holdings's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Sunshine 100 China Holdings (HKSE:02608) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunshine 100 China Holdings Ltd (HKSE:02608) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 2 Guang Hua Road, 12th Floor, Tower D, Beijing, CHN, 100026

Website

http://www.ss100.com.cn

Sunshine 100 China Holdings Ltd engages in property and land development, property investment, and property management & hotel operation in China. The group generates revenue through property sales, property management and hotel operation income, and rental income. The property and land development business earns sales from residential and commercial properties and constructs projects in multiple Chinese cities. A majority of the company's revenue is derived from the mixed-use business complexes segment. Nearly all the company's revenue comes from its customers in the People's Republic of China.

Executives

Fantasy Races Limited	2201 Interest of corporation controlled by you
Tian Feng	2401 A concert party to an agreement to buy shares
Li Mingqiang	2401 A concert party to an agreement to buy shares
Jin Xiangfei	2401 A concert party to an agreement to buy shares
Liu Chaohui	2401 A concert party to an agreement to buy shares
Yi Xiaodi	2307 Founder of a discretionary trust who can infl
Fan Xiaohua	2307 Founder of a discretionary trust who can infl
Fan Xiaochong	2307 Founder of a discretionary trust who can infl
Ming Fai International Limited	2201 Interest of corporation controlled by you
Joywise Holdings Limited	2101 Beneficial owner
Harvest Well Holdings Limited	2201 Interest of corporation controlled by you
Cititrust Private Trust (cayman) Limited	2201 Interest of corporation controlled by you
Fantastic Magician Limited	2201 Interest of corporation controlled by you
Great Sharp International Limited	2201 Interest of corporation controlled by you
Qian Tiwei	2201 Interest of corporation controlled by you

Sunshine 100 China Holdings (HKSE:02608) Headlines

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