Powerlong Commercial Management Holdings (HKSE:09909) Cash-to-Debt : 3.90 (As of Dec. 2023)

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What is Powerlong Commercial Management Holdings 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. Powerlong Commercial Management Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 3.90.

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, Powerlong Commercial Management Holdings 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 Powerlong Commercial Management Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:09909' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 3.76 Max: 6.28
Current: 3.9

During the past 8 years, Powerlong Commercial Management Holdings's highest Cash to Debt Ratio was 6.28. The lowest was 0.12. And the median was 3.76.

HKSE:09909's Cash-to-Debt is ranked better than
82.03% of 1786 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:09909: 3.90

Powerlong Commercial Management Holdings Cash-to-Debt Historical Data

The historical data trend for Powerlong Commercial Management Holdings'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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Powerlong Commercial Management Holdings Cash-to-Debt Chart

Powerlong Commercial Management Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

6.28

4.00

5.14

3.61

3.90

Powerlong Commercial Management Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial									5.14	3.85	3.61	3.77	3.90

Competitive Comparison of Powerlong Commercial Management Holdings's Cash-to-Debt

For the Real Estate Services subindustry, Powerlong Commercial Management Holdings'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.

Powerlong Commercial Management Holdings's Cash-to-Debt Distribution in the Real Estate Industry

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

* The bar in red indicates where Powerlong Commercial Management Holdings's Cash-to-Debt falls into.

Powerlong Commercial Management Holdings 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.

Powerlong Commercial Management Holdings'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)
	=	4245.918	/	(70.603	+	1018.421)
	=	3.90

Powerlong Commercial Management Holdings'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)
	=	4245.918	/	(70.603	+	1018.421)
	=	3.90

Powerlong Commercial Management Holdings (HKSE:09909) 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.

Powerlong Commercial Management Holdings Cash-to-Debt Related Terms

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Powerlong Commercial Management Holdings (HKSE:09909) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Powerlong Commercial Management Holdings Ltd (HKSE:09909) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1399 Xinzhen Road, Powerlong Tower, Minhang District, Shanghai, CHN, 201101

Website

http://www.powerlongcm.com

Powerlong Commercial Management Holdings Ltd is a commercial operation service provider in China. The company provides commercial operation services for developers, tenants, and owners of retail commercial properties. It operates through two segments: Commercial operational services and Residential property management service. Its operations include market research and positioning, tenant sourcing and opening preparation services, commercial operation and management services, and property leasing services; and Property management services, consisting of pre-sale management services, property management services, and other value-added services. Its commercial operational services are provided under four brands, namely Powerlong One Mall, Powerlong City, Powerlong Plaza, and Powerlong Land.

Executives

Hoi Wa Fong	2201 Interest of corporation controlled by you
Huihong Management (ptc) Limited
Shih Sze Ni Cecilia	2202 Interest of your spouse
Hoi Kin Hong
Powerlong Real Estate (bvi) Holdings Limited
Powerlong Real Estate Holdings Limited
Skylong Holdings Limited
Wong Lai Chan

Powerlong Commercial Management Holdings (HKSE:09909) Headlines

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