Melati Ehsan Holdings Bhd (XKLS:5129) Cash-to-Debt : 0.44 (As of Feb. 2024)

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What is Melati Ehsan Holdings 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. Melati Ehsan Holdings Bhd's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.44.

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, Melati Ehsan Holdings Bhd couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

XKLS:5129' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 2.67 Max: 51.1
Current: 0.44

During the past 13 years, Melati Ehsan Holdings Bhd's highest Cash to Debt Ratio was 51.10. The lowest was 0.10. And the median was 2.67.

XKLS:5129's Cash-to-Debt is ranked worse than
58.71% of 1671 companies
in the Construction industry
Industry Median: 0.62 vs XKLS:5129: 0.44

Melati Ehsan Holdings Bhd Cash-to-Debt Historical Data

The historical data trend for Melati Ehsan Holdings 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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Melati Ehsan Holdings Bhd Cash-to-Debt Chart

Melati Ehsan Holdings Bhd Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

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0.44

35.32

34.82

0.40

0.10

Melati Ehsan Holdings Bhd Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															0.30	0.28	0.10	0.14	0.44

Competitive Comparison of Melati Ehsan Holdings Bhd's Cash-to-Debt

For the Engineering & Construction subindustry, Melati Ehsan Holdings 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.

Melati Ehsan Holdings Bhd's Cash-to-Debt Distribution in the Construction Industry

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

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

Melati Ehsan Holdings 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.

Melati Ehsan Holdings Bhd's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	8.32	/	(16.309	+	63.803)
	=	0.10

Melati Ehsan Holdings Bhd's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	32.344	/	(31.504	+	41.669)
	=	0.44

Melati Ehsan Holdings Bhd (XKLS:5129) 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.

Melati Ehsan Holdings Bhd Cash-to-Debt Related Terms

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

Melati Ehsan Holdings Bhd (XKLS:5129) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Melati Ehsan Holdings Bhd (XKLS:5129) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

No. 5, Jalan Titiwangsa, Kuala Lumpur, SGR, MYS, 53200

Website

https://www.melatiehsan.com.my

Melati Ehsan Holdings Bhd is a Malaysia-based investment holding company primarily engaged in turnkey construction activities. It provides total solutions from conceptualizing project needs through financing, engineering, construction, and maintenance. The reporting segments of the group are the Construction segment which includes turnkey construction activities, the Trading segment which includes the trading of construction materials and rental of machinery, and Property development which relates to the development of residential and commercial properties. The company operates principally in Malaysia and generates the majority of its revenue from the Construction segment. The company's ongoing projects are Meridian at Kluang, TNB Mixed development at Bangsar, and others.

Melati Ehsan Holdings Bhd (XKLS:5129) Headlines

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