Volcano Bhd (XKLS:0232) Cash-to-Debt : 7.28 (As of Dec. 2023)

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What is Volcano 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. Volcano Bhd's cash to debt ratio for the quarter that ended in Dec. 2023 was 7.28.

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, Volcano Bhd could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

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

XKLS:0232' s Cash-to-Debt Range Over the Past 10 Years
Min: 7.28 Med: 217.45 Max: No Debt
Current: 7.28

During the past 3 years, Volcano Bhd's highest Cash to Debt Ratio was No Debt. The lowest was 7.28. And the median was 217.45.

XKLS:0232's Cash-to-Debt is ranked better than
75.34% of 3005 companies
in the Industrial Products industry
Industry Median: 1.18 vs XKLS:0232: 7.28

Volcano Bhd Cash-to-Debt Historical Data

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

Volcano Bhd Annual Data

Trend

Dec18

Dec19

Dec20

Cash-to-Debt

No Debt

Volcano Bhd Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial								9.10	10.75	N/A	37.43	7.28

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

For the Metal Fabrication subindustry, Volcano 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.

Volcano Bhd's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Volcano Bhd's Cash-to-Debt distribution charts can be found below:

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

Volcano 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.

Volcano Bhd's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Volcano Bhd had no debt ⁽¹⁾.

Volcano 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)
	=	32.143	/	(4.343	+	0.075)
	=	7.28

Volcano Bhd (XKLS:0232) 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.

Volcano Bhd Cash-to-Debt Related Terms

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Volcano Bhd (XKLS:0232) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Volcano Bhd (XKLS:0232) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1411 Jalan Perusahaan Kawasan, Perusahaan Perai 1, Butterworth, Perai, PNG, MYS, 13600

Website

https://www.volcano.com.my

Volcano Bhd is a manufacturer of parts and components including metal and non-metal nameplates and plastic injection moulded parts. Geographically the company's manufacturing facilities is located in Malaysia and Thailand to serve multinational customers across various industries such as electrical and electronic, automotive, food, furniture, aerospace and label industries. The company operates in Malaysia, Singapore, Thailand, Indonesia, China, USA and other countries. It earns majority of its revenue from Thailand.

Volcano Bhd (XKLS:0232) Headlines

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