Guangdong Investment (HKSE:00270) Cash-to-Debt : 0.29 (As of Dec. 2023)

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What is Guangdong Investment 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. Guangdong Investment's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.29.

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, Guangdong Investment 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 Guangdong Investment's Cash-to-Debt or its related term are showing as below:

HKSE:00270' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 1.64 Max: 3.62
Current: 0.29

During the past 13 years, Guangdong Investment's highest Cash to Debt Ratio was 3.62. The lowest was 0.22. And the median was 1.64.

HKSE:00270's Cash-to-Debt is ranked better than
55.98% of 493 companies
in the Utilities - Regulated industry
Industry Median: 0.25 vs HKSE:00270: 0.29

Guangdong Investment Cash-to-Debt Historical Data

The historical data trend for Guangdong Investment'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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Guangdong Investment Cash-to-Debt Chart

Guangdong Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.40

0.88

0.32

0.22

0.29

Guangdong Investment 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															0.32	0.26	0.22	0.33	0.29

Competitive Comparison of Guangdong Investment's Cash-to-Debt

For the Utilities - Regulated Water subindustry, Guangdong Investment'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.

Guangdong Investment's Cash-to-Debt Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Guangdong Investment's Cash-to-Debt distribution charts can be found below:

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

Guangdong Investment 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.

Guangdong Investment'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)
	=	12593.616	/	(15300.199	+	27733.297)
	=	0.29

Guangdong Investment'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)
	=	12593.616	/	(15300.199	+	27733.297)
	=	0.29

Guangdong Investment (HKSE:00270) 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.

Guangdong Investment Cash-to-Debt Related Terms

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

Guangdong Investment (HKSE:00270) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Guangdong Investment Ltd (HKSE:00270) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GGDVY:USA GGDVF:USA GUG:Germany

Address

148 Connaught Road Central, 28th and 29th Floors, Guangdong Investment Tower, Hong Kong, HKG

Website

https://www.gdi.com.hk

Guangdong Investment Ltd is engaged in investment holding, water resources, property investment and development, department store operation, hotel ownership, operation and management, investment in energy projects, road, and bridge operation. Its segments include water resources, property investment and development, department store operation, electric power generation, hotel operation and management, road and bridge segment, and others segment. The company derives most of the revenue from the water resources segment that engages in water distribution, sewage treatment, and construction of water supply and sewage treatment infrastructure for customers in Mainland China and Hong Kong.

Executives

Gdh Limited	2101 Beneficial owner
Guang Dong Yue Hai Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Citigroup Inc.	2201 Interest of corporation controlled by you

Guangdong Investment (HKSE:00270) Headlines

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