HPMT Holdings Bhd (XKLS:5291) Cash-to-Debt : 3.02 (As of Dec. 2023)

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What is HPMT 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. HPMT Holdings Bhd's cash to debt ratio for the quarter that ended in Dec. 2023 was 3.02.

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

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

XKLS:5291' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.3 Med: 1.34 Max: 3.02
Current: 3.02

During the past 9 years, HPMT Holdings Bhd's highest Cash to Debt Ratio was 3.02. The lowest was 0.30. And the median was 1.34.

XKLS:5291's Cash-to-Debt is ranked better than
65.72% of 3002 companies
in the Industrial Products industry
Industry Median: 1.185 vs XKLS:5291: 3.02

HPMT Holdings Bhd Cash-to-Debt Historical Data

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

HPMT Holdings Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.34

1.91

2.34

2.63

3.02

HPMT Holdings Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															2.63	2.37	2.67	2.64	3.02

Competitive Comparison of HPMT Holdings Bhd's Cash-to-Debt

For the Tools & Accessories subindustry, HPMT 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.

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

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

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

HPMT 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.

HPMT Holdings 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)
	=	55.88	/	(7.014	+	11.49)
	=	3.02

HPMT Holdings 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)
	=	55.88	/	(7.014	+	11.49)
	=	3.02

HPMT Holdings Bhd (XKLS:5291) 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.

HPMT Holdings Bhd Cash-to-Debt Related Terms

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HPMT Holdings Bhd (XKLS:5291) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HPMT Holdings Bhd (XKLS:5291) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5, Jalan Sungai Kayu Ara 32/39, Taman Berjaya, Seksyen 32, Shah Alam, SGR, MYS, 40460

Website

https://www.hpmt-industries.com

HPMT Holdings Bhd is an investment holding company. The Group reports the following segments: manufacturing, trading and coating. Manufacturing segment includes manufacturing and distribution of cutting tools. Trading segment includes Trading of cutting tools, supporting equipment and accessories for metalworking. Coating segment includes Provision of PVD coating services. The majority of revenue is from manufacturing segment. Geographically, it operates in Malaysia, Europe, Asia (excluding Malaysia) and Others, out of which the majority is from the Europe.

HPMT Holdings Bhd (XKLS:5291) Headlines

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