Leading Holdings Group (HKSE:06999) Cash-to-Debt : 0.19 (As of Dec. 2023)

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What is Leading Holdings 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. Leading Holdings Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.19.

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

HKSE:06999' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.19 Max: 0.36
Current: 0.19

During the past 7 years, Leading Holdings Group's highest Cash to Debt Ratio was 0.36. The lowest was 0.10. And the median was 0.19.

HKSE:06999's Cash-to-Debt is ranked worse than
56.86% of 1785 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:06999: 0.19

Leading Holdings Group Cash-to-Debt Historical Data

The historical data trend for Leading Holdings 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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Leading Holdings Group Cash-to-Debt Chart

Leading Holdings Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.12

0.29

0.36

0.29

0.19

Leading Holdings Group Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial						0.36	0.36	0.29	0.28	0.19

Competitive Comparison of Leading Holdings Group's Cash-to-Debt

For the Real Estate - Development subindustry, Leading Holdings 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.

Leading Holdings Group's Cash-to-Debt Distribution in the Real Estate Industry

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

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

Leading Holdings 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.

Leading Holdings 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)
	=	1435.327	/	(5411.736	+	2351.503)
	=	0.18

Leading Holdings 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)
	=	1435.327	/	(5411.736	+	2351.503)
	=	0.18

Leading Holdings Group (HKSE:06999) 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.

Leading Holdings Group Cash-to-Debt Related Terms

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Leading Holdings Group (HKSE:06999) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Leading Holdings Group Ltd (HKSE:06999) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 151, 2nd Tianfu Street, Leading International Finance Center, 46th Floor, Tower A, Gaoxin District, Sichuan Province, Chengdu, CHN

Website

https://www.leading-group.com

Leading Holdings Group Ltd is focused on the development and sale of residential and commercial properties. In addition, the group holds a portion of commercial properties for investment purpose and are engaged in the hotel management business. Further, it also provides project management services. It operates in three segments: Property development, Commercial property investment, and operations, and Hotel operations, of which the majority of its revenue comes from the Property development segment. Its operations are conducted in Mainland China.

Executives

Liu Yuhui	2201 Interest of corporation controlled by you
Chen Ao Ao	2202 Interest of your spouse
Hou Sanli	2201 Interest of corporation controlled by you
Lan Tian	2202 Interest of your spouse
Liu Ce	2201 Interest of corporation controlled by you
Liu Haowei	2201 Interest of corporation controlled by you
Liu Shan	2202 Interest of your spouse
Liu Yuqi	2202 Interest of your spouse
Long Yiqin	2201 Interest of corporation controlled by you
Wang Tao	2201 Interest of corporation controlled by you
Jin Sha Jiang Holding Limited	2101 Beneficial owner
Yue Lai Investment Limited	2101 Beneficial owner
Ling Yue Capital Holding Limited	2101 Beneficial owner
Yuan Di Capital Limited	2101 Beneficial owner

Leading Holdings Group (HKSE:06999) Headlines

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