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Hock Lok Siew Bhd (XKLS:7098) Cash-to-Debt : 0.01 (As of Sep. 2012)


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What is Hock Lok Siew 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. Hock Lok Siew Bhd's cash to debt ratio for the quarter that ended in Sep. 2012 was 0.01.

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, Hock Lok Siew Bhd couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2012.

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

XKLS:7098's Cash-to-Debt is not ranked *
in the Hardware industry.
Industry Median: 1.31
* Ranked among companies with meaningful Cash-to-Debt only.

Hock Lok Siew Bhd Cash-to-Debt Historical Data

The historical data trend for Hock Lok Siew 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.

* Premium members only.

Hock Lok Siew Bhd Cash-to-Debt Chart

Hock Lok Siew Bhd Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Cash-to-Debt
Get a 7-Day Free Trial 0.02 0.10 0.02 0.02 0.40

Hock Lok Siew Bhd Quarterly Data
Dec11 Mar12 Jun12 Sep12
Cash-to-Debt 0.40 - - 0.01

Competitive Comparison of Hock Lok Siew Bhd's Cash-to-Debt

For the Consumer Electronics subindustry, Hock Lok Siew 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.

Hock Lok Siew Bhd's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hock Lok Siew Bhd's Cash-to-Debt distribution charts can be found below:

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


Hock Lok Siew 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.

Hock Lok Siew Bhd's Cash to Debt Ratio for the fiscal year that ended in Dec. 2011 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)
=2.159 / (5.463 + 0)
=0.40

Hock Lok Siew Bhd's Cash to Debt Ratio for the quarter that ended in Sep. 2012 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)
=0.079 / (5.489 + 0)
=0.01

* 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.

Hock Lok Siew Bhd  (XKLS:7098) 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.

Hock Lok Siew Bhd Cash-to-Debt Related Terms

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