Reclaims Global (SGX:NEX) Cash-to-Debt : 21.49 (As of Jan. 2024)

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What is Reclaims Global 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. Reclaims Global's cash to debt ratio for the quarter that ended in Jan. 2024 was 21.49.

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, Reclaims Global could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

SGX:NEX' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.37 Med: 5.94 Max: No Debt
Current: 21.49

During the past 9 years, Reclaims Global's highest Cash to Debt Ratio was No Debt. The lowest was 0.37. And the median was 5.94.

SGX:NEX's Cash-to-Debt is ranked better than
89.5% of 238 companies
in the Waste Management industry
Industry Median: 0.35 vs SGX:NEX: 21.49

Reclaims Global Cash-to-Debt Historical Data

The historical data trend for Reclaims Global'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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Reclaims Global Cash-to-Debt Chart

Reclaims Global Annual Data

Trend

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash-to-Debt

Get a 7-Day Free Trial

1.04

1.88

16.71

5.94

21.49

Reclaims Global Semi-Annual Data
	Jan16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial											16.71	5.77	5.94	10.13	21.49

Competitive Comparison of Reclaims Global's Cash-to-Debt

For the Waste Management subindustry, Reclaims Global'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.

Reclaims Global's Cash-to-Debt Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Reclaims Global's Cash-to-Debt distribution charts can be found below:

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

Reclaims Global 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.

Reclaims Global's Cash to Debt Ratio for the fiscal year that ended in Jan. 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)
	=	10.508	/	(0.489	+	0)
	=	21.49

Reclaims Global's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	10.508	/	(0.489	+	0)
	=	21.49

Reclaims Global (SGX:NEX) 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.

Reclaims Global Cash-to-Debt Related Terms

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Reclaims Global (SGX:NEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Reclaims Global Ltd (SGX:NEX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Tuas South Street 7, Singapore, SGP, 637114

Website

https://www.reclaims.sg

Reclaims Global Ltd is an integrated service provider in the construction industry. The group specializes in the recycling of construction and demolition waste, customisation of excavation solutions, and operating fleet management. Its operating business segments are recycling, excavation services, and logistics and leasing. The company derives maximum revenue from the logistics and leasing segment. Its excavation services segment performs land clearing, excavation, and removal of construction and demolition waste. The Excavation services consist of demolition works, site clearance, reshaping, backfilling, and compacting and turfing.