Resintech Bhd (XKLS:7232) Cash-to-Debt : 0.28 (As of Dec. 2023)

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What is Resintech 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. Resintech Bhd's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.28.

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, Resintech 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 Resintech Bhd's Cash-to-Debt or its related term are showing as below:

XKLS:7232' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.29 Max: 1
Current: 0.28

During the past 13 years, Resintech Bhd's highest Cash to Debt Ratio was 1.00. The lowest was 0.05. And the median was 0.29.

XKLS:7232's Cash-to-Debt is ranked worse than
69.45% of 1653 companies
in the Construction industry
Industry Median: 0.62 vs XKLS:7232: 0.28

Resintech Bhd Cash-to-Debt Historical Data

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

Resintech Bhd Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Cash-to-Debt

Get a 7-Day Free Trial

0.47

0.51

0.79

1.00

0.55

Resintech Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.38	0.29	0.26	0.37	0.28

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

For the Building Products & Equipment subindustry, Resintech 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.

Resintech Bhd's Cash-to-Debt Distribution in the Construction Industry

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

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

Resintech 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.

Resintech Bhd's Cash to Debt Ratio for the fiscal year that ended in Mar. 2022 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)
	=	25.717	/	(22.196	+	24.457)
	=	0.55

Resintech 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)
	=	14.299	/	(26.84	+	24.681)
	=	0.28

Resintech Bhd (XKLS:7232) 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.

Resintech Bhd Cash-to-Debt Related Terms

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Resintech Bhd (XKLS:7232) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Resintech Bhd (XKLS:7232) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 3 and 5, Jalan Waja 14, Kawasan Perindustrian, Telok Panglima Garang, Telok Panglima Garang, SGR, MYS, 42500

Website

https://www.resintechmalaysia.my

Resintech Bhd engages in the provision of management services. It is involved in innovating, designing, manufacturing, and marketing a diversified range of uPVC and Polyethylene products. The company operates through the following segments: Manufacturing and Trading; Services; Investment Holding; Services and Others. The Manufacturing and Trading segment of the company is involved in the manufacturing and trading of a diversified range of plastics pipes, water tanks, and fittings; the services segment is the property holding, and the Investment Holding segment refers to investments. The firm's majority revenue gets generated through the Manufacturing and Trading segment. Malaysia contributes to the majority of total revenue.

Resintech Bhd (XKLS:7232) Headlines

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