Rekatech Capital Bhd (XKLS:0081) Cash-to-Debt : 6.05 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Rekatech Capital 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. Rekatech Capital Bhd's cash to debt ratio for the quarter that ended in Mar. 2024 was 6.05.

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, Rekatech Capital Bhd could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

XKLS:0081' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.69 Med: 6.83 Max: No Debt
Current: 6.05

During the past 13 years, Rekatech Capital Bhd's highest Cash to Debt Ratio was No Debt. The lowest was 1.69. And the median was 6.83.

XKLS:0081's Cash-to-Debt is ranked better than
82.3% of 1672 companies
in the Construction industry
Industry Median: 0.63 vs XKLS:0081: 6.05

Rekatech Capital Bhd Cash-to-Debt Historical Data

The historical data trend for Rekatech Capital 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.

* Premium members only.

Rekatech Capital Bhd Cash-to-Debt Chart

Rekatech Capital Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

6.33

1.84

3.16

5.28

4.72

Rekatech Capital Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															2.64	4.72	5.16	6.84	6.05

Competitive Comparison of Rekatech Capital Bhd's Cash-to-Debt

For the Engineering & Construction subindustry, Rekatech Capital 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.

Rekatech Capital Bhd's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Rekatech Capital Bhd's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Rekatech Capital Bhd's Cash-to-Debt falls into.

Rekatech Capital 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.

Rekatech Capital Bhd's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	0.543	/	(0.048	+	0.067)
	=	4.72

Rekatech Capital Bhd'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)
	=	0.478	/	(0.012	+	0.067)
	=	6.05

Rekatech Capital Bhd (XKLS:0081) 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.

Rekatech Capital Bhd Cash-to-Debt Related Terms

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

Rekatech Capital Bhd (XKLS:0081) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Rekatech Capital Bhd (XKLS:0081) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1, Jalan Dutamas 1, Unit D5-U6-3, Solaris Dutamas, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50480

Website

http://www.megasuncity.com

Rekatech Capital Bhd offers project management services from design evaluation to the completion of the construction phase. The company operates in various segments which include Project Management Services; which provides project management services including project design evaluation, project value engineering and project construction management; Property Investment Holding; which is involved in letting of properties and provides support services, and Others; which holds investment and management fees. It generates maximum revenue from the Project Management Services segment. Geographically the company provides its services to the Malaysian market only.

Rekatech Capital Bhd (XKLS:0081) Headlines

No Headlines