Hong Seng Consolidated Bhd (XKLS:0041) Cash-to-Debt : 1.39 (As of Dec. 2023)

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What is Hong Seng Consolidated Bhd 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. Hong Seng Consolidated Bhd's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.39.

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, Hong Seng Consolidated Bhd 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 Hong Seng Consolidated Bhd's Cash-to-Debt or its related term are showing as below:

XKLS:0041' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.49 Med: 2.4 Max: 27.13
Current: 1.39

During the past 13 years, Hong Seng Consolidated Bhd's highest Cash to Debt Ratio was 27.13. The lowest was 0.49. And the median was 2.40.

XKLS:0041's Cash-to-Debt is ranked better than
68.25% of 526 companies
in the Conglomerates industry
Industry Median: 0.48 vs XKLS:0041: 1.39

Hong Seng Consolidated Bhd Cash-to-Debt Historical Data

The historical data trend for Hong Seng Consolidated Bhd'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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Hong Seng Consolidated Bhd Cash-to-Debt Chart

Hong Seng Consolidated Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Mar19

Mar20

Sep22

Dec23

Cash-to-Debt

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2.40

2.12

27.13

5.12

1.39

Hong Seng Consolidated Bhd Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															5.12	4.56	3.69	3.53	1.39

Competitive Comparison of Hong Seng Consolidated Bhd's Cash-to-Debt

For the Conglomerates subindustry, Hong Seng Consolidated Bhd'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.

Hong Seng Consolidated Bhd's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hong Seng Consolidated Bhd's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Hong Seng Consolidated Bhd's Cash-to-Debt falls into.

Hong Seng Consolidated Bhd 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.

Hong Seng Consolidated Bhd'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)
	=	36.28	/	(2.672	+	23.43)
	=	1.39

Hong Seng Consolidated Bhd'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)
	=	36.28	/	(2.672	+	23.43)
	=	1.39

Hong Seng Consolidated Bhd (XKLS:0041) 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.

Hong Seng Consolidated Bhd Cash-to-Debt Related Terms

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

Hong Seng Consolidated Bhd (XKLS:0041) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hong Seng Consolidated Bhd (XKLS:0041) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

0041PA.PFD:Malaysia

Address

C-01-3, Block C Plaza Glomac, No 6, Jalan SS7/19, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301

Website

https://www.hongseng.com.my

Hong Seng Consolidated Bhd is operating as an investment holding company. The company operates in five operating segments. The healthcare segment consists of a medical diagnostic and research laboratory and wholesale of pharmaceutical and medical goods; the Financial services include Moneylending; the Gloves segment consists of Manufacturing and trading of rubber gloves; The Search and advertising segment includes Developer and provider of online presence and advertising solutions and operator of search platforms; publishing business directory journals, and database marketing; The others segment includes, Investment holding, development and provision of software solutions companies, and the others. The majority of the revenue is derived from the healthcare segment.

Hong Seng Consolidated Bhd (XKLS:0041) Headlines

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