Binjiang Service Group Co (HKSE:03316) Cash-to-Debt : 431.23 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Binjiang Service 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. Binjiang Service Group Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 431.23.

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

HKSE:03316' s Cash-to-Debt Range Over the Past 10 Years
Min: 316.33 Med: 4585.85 Max: No Debt
Current: 431.23

During the past 9 years, Binjiang Service Group Co's highest Cash to Debt Ratio was No Debt. The lowest was 316.33. And the median was 4585.85.

HKSE:03316's Cash-to-Debt is ranked better than
92.67% of 1786 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:03316: 431.23

Binjiang Service Group Co Cash-to-Debt Historical Data

The historical data trend for Binjiang Service 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.

* Premium members only.

Binjiang Service Group Co Cash-to-Debt Chart

Binjiang Service Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

316.33

468.55

687.77

4,585.85

431.23

Binjiang Service Group Co Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial										687.77	1,178.31	4,585.85	1,238.29	431.23

Competitive Comparison of Binjiang Service Group Co's Cash-to-Debt

For the Real Estate Services subindustry, Binjiang Service 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.

Binjiang Service Group Co's Cash-to-Debt Distribution in the Real Estate Industry

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

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

Binjiang Service 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.

Binjiang Service 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)
	=	1897.412	/	(2.59	+	1.81)
	=	431.23

Binjiang Service 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)
	=	1897.412	/	(2.59	+	1.81)
	=	431.23

Binjiang Service Group Co (HKSE:03316) 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.

Binjiang Service Group Co Cash-to-Debt Related Terms

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

Binjiang Service Group Co (HKSE:03316) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Binjiang Service Group Co Ltd (HKSE:03316) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 189 Fengqi East Road, Xincheng Times Square, 12th Floor, Room 1201-1, Block 1, Building 1, Jianggan District, Hangzhou, CHN

Website

https://www.hzbjwy.com

Binjiang Service Group Co Ltd is a property management service provider in China. The Company's business segments are classified into property management services, value-added services to non-property owners and 5S value-added services. Geographically, the company has majority of its operations in China.

Executives

Qi Jiaqi
Bright Cloud Holding Limited	2201 Interest of corporation controlled by you
Cantrust (far East) Limited	2301 Trustee
Great Dragon Ventures Limited
Qi Jinxing
Infiniti Trust (asia) Limited	2301 Trustee
Great Splendor Holding Limited	2201 Interest of corporation controlled by you
Haoyu Ventures Limited
Jovial Success Global Holding Limited
Mo Jianhua
Splendid Force Holding Limited	2201 Interest of corporation controlled by you
Zhu Huiming

Binjiang Service Group Co (HKSE:03316) Headlines

No Headlines