Differ Group Auto (HKSE:06878) Cash-to-Debt : 0.21 (As of Jun. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Differ Group Auto 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. Differ Group Auto's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.21.

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, Differ Group Auto couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

The historical rank and industry rank for Differ Group Auto's Cash-to-Debt or its related term are showing as below:

HKSE:06878' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.19 Max: No Debt
Current: 0.21

During the past 11 years, Differ Group Auto's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 0.19.

HKSE:06878's Cash-to-Debt is not ranked
in the Credit Services industry.
Industry Median: 0.22 vs HKSE:06878: 0.21

Differ Group Auto Cash-to-Debt Historical Data

The historical data trend for Differ Group Auto'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.

Differ Group Auto Cash-to-Debt Chart

Differ Group Auto Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

0.07

0.12

0.18

0.22

0.08

Differ Group Auto Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															0.25	0.22	0.11	0.08	0.21

Competitive Comparison of Differ Group Auto's Cash-to-Debt

For the Credit Services subindustry, Differ Group Auto'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.

Differ Group Auto's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Differ Group Auto's Cash-to-Debt distribution charts can be found below:

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

Differ Group Auto 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.

Differ Group Auto's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	132.228	/	(1462.827	+	162.472)
	=	0.08

Differ Group Auto's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	480.338	/	(2334.982	+	10.391)
	=	0.20

Differ Group Auto (HKSE:06878) 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.

Differ Group Auto Cash-to-Debt Related Terms

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

Differ Group Auto (HKSE:06878) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Differ Group Auto Ltd (HKSE:06878) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 503 Gaolin Middle Road, 33th Floor, Differ Fortune Centre, Huli District, Fujian Province, Xiamen, CHN

Website

http://www.dfh.cn

Differ Group Auto Ltd, formerly Differ Group Holding Co Ltd provides finance leases to corporate customers, which are mainly small and medium enterprises, incorporated and operating in Mainland China. The reportable segments of the Group are, Financial services segment includes the provision of guarantee services, express loan services, consultancy services, finance lease services, financial securities services, and assets management in the PRC and Hong Kong; Property development and investment segment includes property development projects and property investment activities in the PRC; Trading of commodities segment includes trading of commodities in the PRC; and Automobile e-commerce includes online e-commerce platform in the automobile industry in the PRC.

Executives

Expert Corporate Limited
Hong Mingxian
Shi Hongjiao
Tianjin Binhai Rural Commercial Bank Corporation	2106 Person having a security interest in shares
Ng Chi Chung	2201 Interest of corporation controlled by you
Ting Pui Shan	2202 Interest of your spouse
Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
Ever Ultimate Limited	2101 Beneficial owner
Huatai Securities Co., Ltd.	2201 Interest of corporation controlled by you

Differ Group Auto (HKSE:06878) Headlines

No Headlines