Advance Packaging Technology (M) Bhd (XKLS:9148) Cash-to-Debt : 0.10 (As of Mar. 2024)

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What is Advance Packaging Technology (M) 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. Advance Packaging Technology (M) Bhd's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.10.

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, Advance Packaging Technology (M) Bhd couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Advance Packaging Technology (M) Bhd's Cash-to-Debt or its related term are showing as below:

XKLS:9148' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: No Debt Max: No Debt
Current: 0.1

During the past 13 years, Advance Packaging Technology (M) Bhd's highest Cash to Debt Ratio was No Debt. The lowest was 0.10. And the median was No Debt.

XKLS:9148's Cash-to-Debt is ranked worse than
78.18% of 385 companies
in the Packaging & Containers industry
Industry Median: 0.4 vs XKLS:9148: 0.10

Advance Packaging Technology (M) Bhd Cash-to-Debt Historical Data

The historical data trend for Advance Packaging Technology (M) 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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Advance Packaging Technology (M) Bhd Cash-to-Debt Chart

Advance Packaging Technology (M) Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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No Debt

983.58

227.21

194.85

0.31

Advance Packaging Technology (M) Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.31	0.27	0.27	0.18	0.10

Competitive Comparison of Advance Packaging Technology (M) Bhd's Cash-to-Debt

For the Packaging & Containers subindustry, Advance Packaging Technology (M) 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.

Advance Packaging Technology (M) Bhd's Cash-to-Debt Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Advance Packaging Technology (M) Bhd's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Advance Packaging Technology (M) Bhd's Cash-to-Debt falls into.

Advance Packaging Technology (M) 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.

Advance Packaging Technology (M) Bhd's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	4.157	/	(0.542	+	12.905)
	=	0.31

Advance Packaging Technology (M) Bhd's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	1.486	/	(0.847	+	14.198)
	=	0.10

Advance Packaging Technology (M) Bhd (XKLS:9148) 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.

Advance Packaging Technology (M) Bhd Cash-to-Debt Related Terms

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Advance Packaging Technology (M) Bhd (XKLS:9148) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Advance Packaging Technology (M) Bhd (XKLS:9148) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 2, Jalan P/2A, Kawasan MIEL, Bangi Industrial Estate, Bandar Baru Bangi, SGR, MYS, 43650

Website

https://www.advancedpack.com.my

Advance Packaging Technology (M) Bhd is principally engaged in the manufacturing and distribution of flexible packaging materials in Malaysia. The company produces flexible packaging materials catering to a wide cross-section of industries in both the local and overseas markets such as snack foods, Instant noodles, sweets and confectionery, liquid condiments, frozen foods, spices, beverages, medical/surgical products, pharmaceuticals, and others. Geographically, it generates the majority revenue from Malaysia and also has an operation in Mauritius, Hong Kong, and Brunei.

Advance Packaging Technology (M) Bhd (XKLS:9148) Headlines

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