Steel Hawk Bhd (XKLS:03049) Cash-to-Debt : 0.56 (As of Dec. 2023)

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What is Steel Hawk 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. Steel Hawk Bhd's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.56.

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, Steel Hawk Bhd couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

XKLS:03049' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.56 Med: 1.08 Max: 2.86
Current: 0.56

During the past 5 years, Steel Hawk Bhd's highest Cash to Debt Ratio was 2.86. The lowest was 0.56. And the median was 1.08.

XKLS:03049's Cash-to-Debt is not ranked
in the Oil & Gas industry.
Industry Median: 0.49 vs XKLS:03049: 0.56

Steel Hawk Bhd Cash-to-Debt Historical Data

The historical data trend for Steel Hawk 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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Steel Hawk Bhd Cash-to-Debt Chart

Steel Hawk Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.84

1.52

2.86

1.08

0.56

Steel Hawk Bhd Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial				2.86	2.02	1.08	0.87	0.56

Competitive Comparison of Steel Hawk Bhd's Cash-to-Debt

For the Oil & Gas Midstream subindustry, Steel Hawk 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.

Steel Hawk Bhd's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Steel Hawk Bhd's Cash-to-Debt distribution charts can be found below:

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

Steel Hawk 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.

Steel Hawk 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)
	=	10.687	/	(14.402	+	4.554)
	=	0.56

Steel Hawk 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)
	=	10.687	/	(14.402	+	4.554)
	=	0.56

Steel Hawk Bhd (XKLS:03049) 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.

Steel Hawk Bhd Cash-to-Debt Related Terms

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

Steel Hawk Bhd (XKLS:03049) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Steel Hawk Bhd (XKLS:03049) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dataran Prima, Jalan PJU 1/37, 23-2 & 25-2, Block H, Petaling Jaya, SGR, MYS, 47301

Website

https://www.steelhawk.com.my

Steel Hawk Bhd is engaged in providing technical and engineering support services in the Oil and Gas Industry in Malaysia. It specializes in engineering, scheduled/work pack development, procurement, structural/piping fabrication, electrical/instrumentation installation, pre-commissioning and commissioning and various pipeline maintenance activities.

Steel Hawk Bhd (XKLS:03049) Headlines

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