Widad Group Bhd (XKLS:0162) Cash-to-Debt : 0.23 (As of Mar. 2024)

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What is Widad Group 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. Widad Group Bhd's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.23.

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, Widad Group Bhd couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

XKLS:0162' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.37 Max: No Debt
Current: 0.23

During the past 13 years, Widad Group Bhd's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 0.37.

XKLS:0162's Cash-to-Debt is ranked worse than
73.92% of 1672 companies
in the Construction industry
Industry Median: 0.63 vs XKLS:0162: 0.23

Widad Group Bhd Cash-to-Debt Historical Data

The historical data trend for Widad Group 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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Widad Group Bhd Cash-to-Debt Chart

Widad Group Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.23

0.47

0.30

0.21

0.06

Widad Group 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															0.38	0.37	0.33	0.06	0.23

Competitive Comparison of Widad Group Bhd's Cash-to-Debt

For the Engineering & Construction subindustry, Widad Group 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.

Widad Group Bhd's Cash-to-Debt Distribution in the Construction Industry

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

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

Widad Group 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.

Widad Group 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)
	=	29.443	/	(76.821	+	387.129)
	=	0.06

Widad Group 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)
	=	96.767	/	(37.349	+	379.677)
	=	0.23

Widad Group Bhd (XKLS:0162) 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.

Widad Group Bhd Cash-to-Debt Related Terms

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Widad Group Bhd (XKLS:0162) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Widad Group Bhd (XKLS:0162) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Jalan Semantan, Damansara Heights, WBG Penthouse, Kuala Lumpur, MYS, 50490

Website

https://www.widadgroup.com

Widad Group Bhd is a Malaysia-based investment holding company. The company is organized into three business units. Integrated facility management includes scheduled maintenance, ad-hoc maintenance, upgrading, and renovation to ensure optimum effectiveness and efficiency and cater to its customer's requirements and preferences, which also is the majority revenue generating segment. The constructions segment includes infrastructure and civil works such as the construction of low and high-rise buildings for a variety of uses, and sewerage treatment plants. The concession segment comprises operations related to the construction and maintenance of facilities and infrastructure.

Widad Group Bhd (XKLS:0162) Headlines

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