MESB Bhd (XKLS:7234) Cash-to-Debt : 7.53 (As of Dec. 2023)

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What is MESB 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. MESB Bhd's cash to debt ratio for the quarter that ended in Dec. 2023 was 7.53.

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

XKLS:7234' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 1.25 Max: 21.2
Current: 7.53

During the past 13 years, MESB Bhd's highest Cash to Debt Ratio was 21.20. The lowest was 0.19. And the median was 1.25.

XKLS:7234's Cash-to-Debt is ranked better than
87.08% of 1107 companies
in the Retail - Cyclical industry
Industry Median: 0.46 vs XKLS:7234: 7.53

MESB Bhd Cash-to-Debt Historical Data

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

MESB Bhd Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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0.46

0.49

1.27

3.60

5.13

MESB Bhd Quarterly Data
	Sep18	Dec18	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															21.20	10.69	5.13	17.44	7.53

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

For the Apparel Retail subindustry, MESB 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.

MESB Bhd's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, MESB Bhd's Cash-to-Debt distribution charts can be found below:

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

MESB 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.

MESB Bhd's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	38.035	/	(6.632	+	0.781)
	=	5.13

MESB 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)
	=	54.459	/	(5.753	+	1.475)
	=	7.53

MESB Bhd (XKLS:7234) 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.

MESB Bhd Cash-to-Debt Related Terms

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

MESB Bhd (XKLS:7234) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » MESB Bhd (XKLS:7234) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 1903A, 1st Floor, Jalan KPB7, Kawasan Perindustrian Kg. Baru Balakong, Seri Kembangan, SGR, MYS, 43300

Website

http://www.mesbbhd.com

MESB Bhd is an investment holding company. The company segment includes Retailing; Investment holding and Waste recycling. It generates maximum revenue from the Retailing segment. The retailing segment is involved in the trading and retailing of leather products, apparel, and accessories. The investment holding segment is involved in investment holding, and the Waste recycling segment is involved in the waste recycling business.

MESB Bhd (XKLS:7234) Headlines

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