Shenzhen Investment Holdings Bay Area Development Co (HKSE:80737) Cash-to-Debt : 0.25 (As of Dec. 2023)

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What is Shenzhen Investment Holdings Bay Area Development 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. Shenzhen Investment Holdings Bay Area Development Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.25.

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, Shenzhen Investment Holdings Bay Area Development 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 Shenzhen Investment Holdings Bay Area Development Co's Cash-to-Debt or its related term are showing as below:

HKSE:80737' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.18 Med: 1.8 Max: No Debt
Current: 0.25

During the past 13 years, Shenzhen Investment Holdings Bay Area Development Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.18. And the median was 1.80.

HKSE:80737's Cash-to-Debt is ranked worse than
72.02% of 1669 companies
in the Construction industry
Industry Median: 0.62 vs HKSE:80737: 0.25

Shenzhen Investment Holdings Bay Area Development Co Cash-to-Debt Historical Data

The historical data trend for Shenzhen Investment Holdings Bay Area Development 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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Shenzhen Investment Holdings Bay Area Development Co Cash-to-Debt Chart

Shenzhen Investment Holdings Bay Area Development Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.18

2.56

1.14

0.24

0.25

Shenzhen Investment Holdings Bay Area Development Co Quarterly Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.24	0.30	0.27	0.25	N/A

Competitive Comparison of Shenzhen Investment Holdings Bay Area Development Co's Cash-to-Debt

For the Infrastructure Operations subindustry, Shenzhen Investment Holdings Bay Area Development 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.

Shenzhen Investment Holdings Bay Area Development Co's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shenzhen Investment Holdings Bay Area Development Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Shenzhen Investment Holdings Bay Area Development Co's Cash-to-Debt falls into.

Shenzhen Investment Holdings Bay Area Development 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.

Shenzhen Investment Holdings Bay Area Development 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)
	=	1011.816	/	(1826.897	+	2218.757)
	=	0.25

Shenzhen Investment Holdings Bay Area Development 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)
	=	1011.816	/	(1826.897	+	2218.757)
	=	0.25

Shenzhen Investment Holdings Bay Area Development Co (HKSE:80737) 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.

Shenzhen Investment Holdings Bay Area Development Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Shenzhen Investment Holdings Bay Area Development Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Shenzhen Investment Holdings Bay Area Development Co (HKSE:80737) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shenzhen Investment Holdings Bay Area Development Co Ltd (HKSE:80737) » Definitions » Cash-to-Debt

Traded in Other Exchanges

SIHBY:USA SHIHF:USA 00737:Hong Kong HHI0:Germany

Address

30 Harbour Road, Rooms 4902-4916, 49th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG

Website

https://www.sihbay.com

Shenzhen Investment Holdings Bay Area Development Co Ltd is an investment holding company that is engaged in the initiation, promotion, development, and operation of toll expressways and bridges in China. The company manages its business in four segments namely Guangzhou-Shenzhen Superhighway, Guangzhou-Zhuhai West Superhighway, Coastal Expressway, and Xintang Interchange. It generates most of the revenue from the Guangzhou-Shenzhen Superhighway segment.

Shenzhen Investment Holdings Bay Area Development Co (HKSE:80737) Headlines

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