Frontken Bhd (XKLS:0128) Cash-to-Debt : 13.41 (As of Mar. 2024)

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What is Frontken 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. Frontken Bhd's cash to debt ratio for the quarter that ended in Mar. 2024 was 13.41.

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

XKLS:0128' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.38 Med: 9.5 Max: 29.2
Current: 13.41

During the past 13 years, Frontken Bhd's highest Cash to Debt Ratio was 29.20. The lowest was 1.38. And the median was 9.50.

XKLS:0128's Cash-to-Debt is ranked better than
81.07% of 1062 companies
in the Business Services industry
Industry Median: 1 vs XKLS:0128: 13.41

Frontken Bhd Cash-to-Debt Historical Data

The historical data trend for Frontken 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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Frontken Bhd Cash-to-Debt Chart

Frontken Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

14.13

25.29

14.78

6.50

12.65

Frontken Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															10.53	11.04	11.01	12.65	13.41

Competitive Comparison of Frontken Bhd's Cash-to-Debt

For the Specialty Business Services subindustry, Frontken 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.

Frontken Bhd's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Frontken Bhd's Cash-to-Debt distribution charts can be found below:

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

Frontken 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.

Frontken 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)
	=	419.121	/	(3.281	+	29.846)
	=	12.65

Frontken 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)
	=	444.765	/	(2.925	+	30.234)
	=	13.41

Frontken Bhd (XKLS:0128) 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.

Frontken Bhd Cash-to-Debt Related Terms

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

Frontken Bhd (XKLS:0128) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Frontken Corp Bhd (XKLS:0128) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9, Jalan 16/11, Off Jalan Damansara, Suite 301, Block F, Pusat Dagangan Phileo Damansara 1, Petaling Jaya, SGR, MYS, 46350

Website

https://www.frontken.com

Frontken Corp Bhd is a Malaysia-based investment holding firm. The company with its subsidiaries are engaged in providing surface and mechanical engineering solutions, serving a wide range of heavy industries such as Oil and Gas, Power Generation, Semiconductors, and the Marine industry. It also provides various specialized engineering services, such as thermal spray coating, cold build-up coating, plating and conversion coating, specialized welding, precision cleaning, abrasive blasting, machining and grinding. In addition, the company provides surface treatment and precision cleaning for the thin film transistor liquid crystal display and semiconductor industries. Its revenue comes from the Singapore market, while it also has a presence in Malaysia, Taiwan, and other countries.

Frontken Bhd (XKLS:0128) Headlines

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