Citychamp Dartong Co (SHSE:600067) Cash-to-Debt : 0.26 (As of Mar. 2024)

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What is Citychamp Dartong 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. Citychamp Dartong Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.26.

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, Citychamp Dartong Co couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Citychamp Dartong Co's Cash-to-Debt or its related term are showing as below:

SHSE:600067' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 0.33 Max: 0.89
Current: 0.26

During the past 13 years, Citychamp Dartong Co's highest Cash to Debt Ratio was 0.89. The lowest was 0.14. And the median was 0.33.

SHSE:600067's Cash-to-Debt is ranked better than
50.2% of 1793 companies
in the Real Estate industry
Industry Median: 0.26 vs SHSE:600067: 0.26

Citychamp Dartong Co Cash-to-Debt Historical Data

The historical data trend for Citychamp Dartong 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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Citychamp Dartong Co Cash-to-Debt Chart

Citychamp Dartong Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.24

0.15

0.27

0.26

0.41

Citychamp Dartong Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.21	0.18	0.32	0.41	0.26

Competitive Comparison of Citychamp Dartong Co's Cash-to-Debt

For the Real Estate - Development subindustry, Citychamp Dartong 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.

Citychamp Dartong Co's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Citychamp Dartong Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Citychamp Dartong Co's Cash-to-Debt falls into.

Citychamp Dartong 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.

Citychamp Dartong 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)
	=	1641.343	/	(3048.151	+	983.11)
	=	0.41

Citychamp Dartong Co's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	1033.534	/	(2987.432	+	1029.719)
	=	0.26

Citychamp Dartong Co (SHSE:600067) 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.

Citychamp Dartong Co Cash-to-Debt Related Terms

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

Citychamp Dartong Co (SHSE:600067) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Citychamp Dartong Co Ltd (SHSE:600067) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 32 Wuyi Middle Road, Yuanhong Tower, 26F, Gulou District, Fuzhou, Fujian, CHN, 350005

Website

http://www.gcdt.net

Citychamp Dartong Co Ltd operates in the real estate industry and enameled wire business. The products of the real estate industry involve residential and office buildings like garden houses, villas, and integrated commercial and urban complexes. The products of enameled wire business are used in energy information industry, aerospace, rail transit, and wind power.

Citychamp Dartong Co (SHSE:600067) Headlines

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