China Unicom (Hong Kong) (SGX:K3ID) Cash-to-Debt : 1.87 (As of Dec. 2023)

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What is China Unicom (Hong Kong) 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. China Unicom (Hong Kong)'s cash to debt ratio for the quarter that ended in Dec. 2023 was 1.87.

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, China Unicom (Hong Kong) 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 China Unicom (Hong Kong)'s Cash-to-Debt or its related term are showing as below:

SGX:K3ID' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 0.75 Max: 2.02
Current: 1.87

During the past 13 years, China Unicom (Hong Kong)'s highest Cash to Debt Ratio was 2.02. The lowest was 0.15. And the median was 0.75.

SGX:K3ID's Cash-to-Debt is ranked better than
76.24% of 383 companies
in the Telecommunication Services industry
Industry Median: 0.35 vs SGX:K3ID: 1.87

China Unicom (Hong Kong) Cash-to-Debt Historical Data

The historical data trend for China Unicom (Hong Kong)'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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China Unicom (Hong Kong) Cash-to-Debt Chart

China Unicom (Hong Kong) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.65

1.27

2.02

1.51

1.87

China Unicom (Hong Kong) Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															1.51	1.50	N/A	1.87	N/A

Competitive Comparison of China Unicom (Hong Kong)'s Cash-to-Debt

For the Telecom Services subindustry, China Unicom (Hong Kong)'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.

China Unicom (Hong Kong)'s Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Unicom (Hong Kong)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where China Unicom (Hong Kong)'s Cash-to-Debt falls into.

China Unicom (Hong Kong) 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.

China Unicom (Hong Kong)'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)
	=	11941.962	/	(1915.212	+	4463.32)
	=	1.87

China Unicom (Hong Kong)'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)
	=	11941.962	/	(1915.212	+	4463.32)
	=	1.87

China Unicom (Hong Kong) (SGX:K3ID) 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.

China Unicom (Hong Kong) Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of China Unicom (Hong Kong)'s Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

China Unicom (Hong Kong) (SGX:K3ID) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Unicom (Hong Kong) Ltd (SGX:K3ID) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

00762:Hong Kong XCI:Germany

Address

99 Queen's Road, 75th Floor, The Center, Central, Hong Kong, HKG

Website

https://www.chinaunicom.com.hk

China Unicom is the incumbent fixed-line operator in 10 northern Chinese provinces, as well as the third-largest wireless operator nationwide. As at June 2023, it had 328 million billing wireless customers and around 108 million broadband subscribers. China Unicom also has a growing ICT business. We estimate it has the third largest internet data center business in China and its Cloud Service revenue is also showing very strong growth. It has its own 4G network and shares the radio access function with China Telecom for its 5G network.

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