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Bintulu Port Holdings Bhd (XKLS:5032) Cash Ratio : 4.49 (As of Sep. 2024)


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What is Bintulu Port Holdings Bhd Cash Ratio?

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Bintulu Port Holdings Bhd's Cash Ratio for the quarter that ended in Sep. 2024 was 4.49.

Bintulu Port Holdings Bhd has a Cash Ratio of 4.49. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.

The historical rank and industry rank for Bintulu Port Holdings Bhd's Cash Ratio or its related term are showing as below:

XKLS:5032' s Cash Ratio Range Over the Past 10 Years
Min: 1.6   Med: 3.41   Max: 10.41
Current: 4.49

During the past 13 years, Bintulu Port Holdings Bhd's highest Cash Ratio was 10.41. The lowest was 1.60. And the median was 3.41.

XKLS:5032's Cash Ratio is ranked better than
95.5% of 956 companies
in the Transportation industry
Industry Median: 0.515 vs XKLS:5032: 4.49

Bintulu Port Holdings Bhd Cash Ratio Historical Data

The historical data trend for Bintulu Port Holdings Bhd's Cash Ratio 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.

* Premium members only.

Bintulu Port Holdings Bhd Cash Ratio Chart

Bintulu Port Holdings Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.38 3.87 3.96 10.41 3.43

Bintulu Port Holdings Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.73 3.43 3.57 4.07 4.49

Competitive Comparison of Bintulu Port Holdings Bhd's Cash Ratio

For the Marine Shipping subindustry, Bintulu Port Holdings Bhd's Cash Ratio, along with its competitors' market caps and Cash Ratio 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.


Bintulu Port Holdings Bhd's Cash Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Bintulu Port Holdings Bhd's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Bintulu Port Holdings Bhd's Cash Ratio falls into.



Bintulu Port Holdings Bhd Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Bintulu Port Holdings Bhd's Cash Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash Ratio (A: Dec. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=1198.343/349.46
=3.43

Bintulu Port Holdings Bhd's Cash Ratio for the quarter that ended in Sep. 2024 is calculated as:

Cash Ratio (Q: Sep. 2024 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=1346.001/299.699
=4.49

* 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.


Bintulu Port Holdings Bhd  (XKLS:5032) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Bintulu Port Holdings Bhd Cash Ratio Related Terms

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Bintulu Port Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
12th Mile, Tanjung Kidurong Road, Lot 15, Block 20, P.O. Box 996, Kemena Land District, Bintulu, SWK, MYS, 97008
Bintulu Port Holdings Bhd provides port services at Bintulu Port. It operates in two segments: Port operations and Bulking services. The Port segment includes the construction of port facilities, handling of cargo for LNG, petroleum products, general cargo, container, and other ancillary services, whereas Bulking services provide bulking installation facilities for palm oil, edible oils and its by-products. It generates maximum revenue from the Port operations segment. Geographically, it derives revenue from the Malaysia region whereas it also operates in Brunei.

Bintulu Port Holdings Bhd Headlines

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