Homeritz Bhd (XKLS:5160) Cash-to-Debt : 359.11 (As of Feb. 2024)

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What is Homeritz 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. Homeritz Bhd's cash to debt ratio for the quarter that ended in Feb. 2024 was 359.11.

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, Homeritz Bhd could pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

XKLS:5160' s Cash-to-Debt Range Over the Past 10 Years
Min: 19.96 Med: 1041.73 Max: No Debt
Current: 359.11

During the past 13 years, Homeritz Bhd's highest Cash to Debt Ratio was No Debt. The lowest was 19.96. And the median was 1041.73.

XKLS:5160's Cash-to-Debt is ranked better than
93.82% of 421 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.94 vs XKLS:5160: 359.11

Homeritz Bhd Cash-to-Debt Historical Data

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

Homeritz Bhd Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

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No Debt

824.97

9,347.22

253.76

587.03

Homeritz 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															372.76	449.60	587.03	532.07	359.11

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

For the Furnishings, Fixtures & Appliances subindustry, Homeritz 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.

Homeritz Bhd's Cash-to-Debt Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Homeritz Bhd's Cash-to-Debt distribution charts can be found below:

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

Homeritz 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.

Homeritz 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)
	=	170.24	/	(0.248	+	0.042)
	=	587.03

Homeritz 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)
	=	183.864	/	(0.386	+	0.126)
	=	359.11

Homeritz Bhd (XKLS:5160) 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.

Homeritz Bhd Cash-to-Debt Related Terms

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Homeritz Bhd (XKLS:5160) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Homeritz Corp Bhd (XKLS:5160) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 8726, PTD 6023, Batu 8, Kawasan Perindustrian Bukit Bakri, Muar, JHR, MYS, 84200

Website

http://www.homeritzcorp.com

Homeritz Corp Bhd an investment holding company, designs, manufactures and sells upholstery furniture products. The company provides upholstery home furniture products consisting of leather and fabric-based sofas, dining chairs, and bed frames; and lifestyle furniture products under the Eritz brand. It is also involved in property investment activities and the design, manufacture, and sale of furniture and furniture parts. The company's majority revenue comes from Asia and the Asia Pacific region (excluding Malaysia).

Homeritz Bhd (XKLS:5160) Headlines

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