Yuexiu Services Group (HKSE:06626) Cash-to-Debt : 43.13 (As of Dec. 2023)

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What is Yuexiu Services Group 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. Yuexiu Services Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 43.13.

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, Yuexiu Services Group 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 Yuexiu Services Group's Cash-to-Debt or its related term are showing as below:

HKSE:06626' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.48 Med: 25.87 Max: 69.47
Current: 43.13

During the past 6 years, Yuexiu Services Group's highest Cash to Debt Ratio was 69.47. The lowest was 0.48. And the median was 25.87.

HKSE:06626's Cash-to-Debt is ranked better than
88.91% of 1786 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:06626: 43.13

Yuexiu Services Group Cash-to-Debt Historical Data

The historical data trend for Yuexiu Services Group'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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Yuexiu Services Group Cash-to-Debt Chart

Yuexiu Services Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.68

8.62

69.47

54.89

43.13

Yuexiu Services Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial					69.47	67.54	54.89	42.60	43.13

Competitive Comparison of Yuexiu Services Group's Cash-to-Debt

For the Real Estate Services subindustry, Yuexiu Services Group'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.

Yuexiu Services Group's Cash-to-Debt Distribution in the Real Estate Industry

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

* The bar in red indicates where Yuexiu Services Group's Cash-to-Debt falls into.

Yuexiu Services Group 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.

Yuexiu Services Group'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)
	=	5100.955	/	(70.564	+	47.704)
	=	43.13

Yuexiu Services Group'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)
	=	5100.955	/	(70.564	+	47.704)
	=	43.13

Yuexiu Services Group (HKSE:06626) 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.

Yuexiu Services Group Cash-to-Debt Related Terms

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Yuexiu Services Group (HKSE:06626) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yuexiu Services Group Ltd (HKSE:06626) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

5R9:Germany

Address

160 Lockhart Road, 26th Floor, Yue Xiu Building, Wanchai, Hong Kong, HKG

Website

https://www.yuexiuservices.com

Yuexiu Services Group Ltd is an integrated property management services provider. It has two business segments; Non-commercial property management and value-added services including non-commercial property management services including cleaning, security, gardening, repair, and maintenance services, value-added services to non-property owners, including sales office and display unit management, support services, and decoration services, home-living services, space operation services, and Commercial property management and operational services including commercial property management services and other value-added services, market positioning consultancy and tenant sourcing services, including market positioning and management consultancy services and tenant sourcing services.

Executives

Guangzhou Construction & Development Holdings (china) Limited
Yue Xiu Enterprises (holdings) Limited
Yuexiu Property Company Limited
Guang Zhou Yue Xiu Ji Tuan Gu Fen You Xian Gong Si
Guang Zhou Di Tie Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Zhou Di Tie Tou Rong Zi Xiang Gang You Xian Gong Si	2101 Beneficial owner

Yuexiu Services Group (HKSE:06626) Headlines

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