Swire Pacific (Swire Pacific) Cash-to-Debt : 0.19 (As of Dec. 2023)

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What is Swire Pacific 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. Swire Pacific'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, Swire Pacific 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 Swire Pacific's Cash-to-Debt or its related term are showing as below:

SWRAF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.16 Max: 0.4
Current: 0.19

During the past 13 years, Swire Pacific's highest Cash to Debt Ratio was 0.40. The lowest was 0.08. And the median was 0.16.

SWRAF's Cash-to-Debt is ranked worse than
72.61% of 522 companies
in the Conglomerates industry
Industry Median: 0.49 vs SWRAF: 0.19

Swire Pacific Cash-to-Debt Historical Data

The historical data trend for Swire Pacific'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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Swire Pacific Cash-to-Debt Chart

Swire Pacific Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.29

0.40

0.34

0.16

0.19

Swire Pacific Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.34	0.22	0.16	0.16	0.19

Competitive Comparison of Swire Pacific's Cash-to-Debt

For the Conglomerates subindustry, Swire Pacific'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.

Swire Pacific's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Swire Pacific's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Swire Pacific's Cash-to-Debt falls into.

Swire Pacific 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.

Swire Pacific'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)
	=	1803.119	/	(1469.692	+	8043.612)
	=	0.19

Swire Pacific'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)
	=	1803.119	/	(1469.692	+	8043.612)
	=	0.19

Swire Pacific (OTCPK:SWRAF) 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.

Swire Pacific Cash-to-Debt Related Terms

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

Swire Pacific (Swire Pacific) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Swire Pacific Ltd (OTCPK:SWRAF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SWRBY:USA SWRBF:USA SWRAY:USA 00087:Hong Kong 00019:Hong Kong SWI1:Germany

Address

88 Queensway, GPO Box 1, 33rd Floor, One Pacific Place, Hong Kong, HKG

Website

https://www.swirepacific.com

Swire Pacific is a Hong Kong-based conglomerate with interests in property, aviation, beverage, trading, and industrials. The property division, an 82% stake in Swire Properties, contributes more than half of the group's operating profit. The beverage division is one of two Coca-Cola bottlers in mainland China and also a bottler in Hong Kong, Taiwan, Vietnam, and Cambodia. The aviation division consists of Haeco, an aircraft engineering company, and a 45% stake in Cathay Pacific. As of end June 2023, John Swire & Sons, the parent company, holds a 60% stake in Swire Pacific but has 68% of the voting rights through a dual-class share structure.

Swire Pacific (Swire Pacific) Headlines

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