Genertec Universal Medical Group Co (HKSE:02666) Cash-to-Debt : 0.07 (As of Dec. 2023)

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What is Genertec Universal Medical Group 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. Genertec Universal Medical Group Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.07.

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, Genertec Universal Medical Group Co 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 Genertec Universal Medical Group Co's Cash-to-Debt or its related term are showing as below:

HKSE:02666' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.07 Max: 0.11
Current: 0.07

During the past 10 years, Genertec Universal Medical Group Co's highest Cash to Debt Ratio was 0.11. The lowest was 0.04. And the median was 0.07.

HKSE:02666's Cash-to-Debt is ranked worse than
70.24% of 504 companies
in the Credit Services industry
Industry Median: 0.23 vs HKSE:02666: 0.07

Genertec Universal Medical Group Co Cash-to-Debt Historical Data

The historical data trend for Genertec Universal Medical Group 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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Genertec Universal Medical Group Co Cash-to-Debt Chart

Genertec Universal Medical Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.08

0.05

0.07

Genertec Universal Medical Group Co 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															0.07	0.07	0.07	0.07	0.07

Competitive Comparison of Genertec Universal Medical Group Co's Cash-to-Debt

For the Credit Services subindustry, Genertec Universal Medical Group 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.

Genertec Universal Medical Group Co's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Genertec Universal Medical Group Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Genertec Universal Medical Group Co's Cash-to-Debt falls into.

Genertec Universal Medical Group 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.

Genertec Universal Medical Group 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)
	=	3934.019	/	(25787.925	+	31289.158)
	=	0.07

Genertec Universal Medical Group 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)
	=	3934.019	/	(25787.925	+	31289.158)
	=	0.07

Genertec Universal Medical Group Co (HKSE:02666) 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.

Genertec Universal Medical Group Co Cash-to-Debt Related Terms

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Genertec Universal Medical Group Co (HKSE:02666) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Genertec Universal Medical Group Co Ltd (HKSE:02666) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

5UM:Germany

Address

8-1 Chongwenmenwai Street, 4th, 5th and 13th Floor, West Wing of Hademen Plaza, Dongcheng District, Beijing, CHN

Website

https://www.umcare.cn

Genertec Universal Medical Group Co Ltd is principally engaged in providing financing to its customers under finance lease arrangements, the provision of advisory services, the sale of medical equipment as well as leases under operating lease arrangements, and the provision of other services. The Group has two business segments; The finance business comprises direct finance leasing, sale-and-leaseback, factoring, operating leases, and advisory services, and The hospital group business comprises medical services, hospital, and healthcare management, import and export trade, and domestic trade of medical-related goods and life cycle management of equipment assets. Geographically, it derives a majority of its revenue from Mainland China.

Executives

Citic Capital Holdings Limited	2201 Interest of corporation controlled by you
Tong Yong Ji Shu Ji Tuan Xiang Gang Guo Ji Zi Ben You Xian Gong Si	2101 Beneficial owner
Zhong Guo Tong Yong Ji Shu Ji Tuan Kong Gu You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Cp Management Holdings Limited	2201 Interest of corporation controlled by you
Trustar Capital Holdings Limited	2201 Interest of corporation controlled by you
Sounda Properties Limited	2201 Interest of corporation controlled by you
Chu Mang Yee	2201 Interest of corporation controlled by you
Meta Group Limited	2201 Interest of corporation controlled by you
Sounda Hopson Technology Holdings Limited	2201 Interest of corporation controlled by you
Sounda Hopson Technology Investment Limited	2201 Interest of corporation controlled by you
Zhang Yichen	2201 Interest of corporation controlled by you
Citic Capital Partners Limited	2201 Interest of corporation controlled by you

Genertec Universal Medical Group Co (HKSE:02666) Headlines

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