Logan Property Holdings Co (HKSE:03380) Cash-to-Debt : 0.15 (As of Dec. 2023)

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What is Logan Property Holdings 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. Logan Property Holdings Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.15.

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, Logan Property Holdings 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 Logan Property Holdings Co's Cash-to-Debt or its related term are showing as below:

HKSE:03380' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 0.44 Max: 0.7
Current: 0.15

During the past 12 years, Logan Property Holdings Co's highest Cash to Debt Ratio was 0.70. The lowest was 0.15. And the median was 0.44.

HKSE:03380's Cash-to-Debt is ranked worse than
61.76% of 1786 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:03380: 0.15

Logan Property Holdings Co Cash-to-Debt Historical Data

The historical data trend for Logan Property Holdings 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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Logan Property Holdings Co Cash-to-Debt Chart

Logan Property Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.70

0.56

0.46

0.18

0.15

Logan Property Holdings 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															0.46	0.15	0.18	0.14	0.15

Competitive Comparison of Logan Property Holdings Co's Cash-to-Debt

For the Real Estate - Development subindustry, Logan Property Holdings 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.

Logan Property Holdings Co's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Logan Property Holdings Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Logan Property Holdings Co's Cash-to-Debt falls into.

Logan Property Holdings 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.

Logan Property Holdings 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)
	=	14406.759	/	(49441.587	+	48892.821)
	=	0.15

Logan Property Holdings 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)
	=	14406.759	/	(49441.587	+	48892.821)
	=	0.15

Logan Property Holdings Co (HKSE:03380) 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.

Logan Property Holdings Co Cash-to-Debt Related Terms

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Logan Property Holdings Co (HKSE:03380) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Logan Property Holdings Co Ltd (HKSE:03380) » Definitions » Cash-to-Debt

Traded in Other Exchanges

5LP:Germany

Address

Xinghua Road South, Room 2002, Tower B, Logan Century Center, Bao'An District, Shenzen, CHN

Website

http://www.loganestate.com

Logan Property Holdings is a general real estate investment company. The company operates multiple segments, including property development, Property operation, Development Management, and Urban redevelopment along with Property operation segment The vast majority of revenue is generated by its property development segment, followed by development management. The development business is focused on the development of residential properties and retail shops, while its management operations are focused on office properties and residential buildings. Logan generates all of its revenue in Mainland China.

Executives

Kei Perenna Hoi Ting	2201 Interest of corporation controlled by you
Junxi Investments Limited	2101 Beneficial owner
Kei Family United Limited	2201 Interest of corporation controlled by you
Credit Suisse Trust Limited	2301 Trustee
Dragon Jubilee Investments Limited	2101 Beneficial owner
Kei Hoi Pang	2501 Other

Logan Property Holdings Co (HKSE:03380) Headlines

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