ASFH (Asiafin Holdings) Cash-to-Debt : 1.72 (As of Dec. 2024)

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What is Asiafin Holdings 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. Asiafin Holdings's cash to debt ratio for the quarter that ended in Dec. 2024 was 1.72.

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, Asiafin Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

The historical rank and industry rank for Asiafin Holdings's Cash-to-Debt or its related term are showing as below:

ASFH' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.43 Med: No Debt Max: No Debt
Current: 1.72

During the past 5 years, Asiafin Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 1.43. And the median was No Debt.

ASFH's Cash-to-Debt is ranked better than
56.14% of 1051 companies
in the Business Services industry
Industry Median: 1.08 vs ASFH: 1.72

Asiafin Holdings Cash-to-Debt Historical Data

The historical data trend for Asiafin Holdings'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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Asiafin Holdings Cash-to-Debt Chart

Asiafin Holdings Annual Data

Trend

Aug20

Aug21

Dec22

Dec23

Dec24

Cash-to-Debt

No Debt

1.43

1.72

Asiafin Holdings Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															1.43	2.07	1.88	1.26	1.72

Competitive Comparison of Asiafin Holdings's Cash-to-Debt

For the Specialty Business Services subindustry, Asiafin Holdings'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.

Asiafin Holdings's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Asiafin Holdings's Cash-to-Debt distribution charts can be found below:

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

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Asiafin Holdings 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.

Asiafin Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	1.31	/	(0.211	+	0.551)
	=	1.72

Asiafin Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	1.31	/	(0.211	+	0.551)
	=	1.72

Asiafin Holdings (OTCPK:ASFH) 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.

Asiafin Holdings Cash-to-Debt Related Terms

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Asiafin Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Asiafin Holdings Corp (OTCPK:ASFH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Sultan Ismail, Suite 30.02, 30th Floor, Menara KH (Promet), Kuala Lumpur, SGR, MYS, 50250

Website

https://www.asiafingroup.com

Asiafin Holdings Corp operates through its wholly owned subsidiaries by offering a range of system solutions in Payment Processing, Robotic Process Automation (RPA), and Regulatory Technology (RegTech) to financial institutions, regulatory agencies, professional service providers, and private enterprises from various industries, with existing clients in the Asia region. The Company has three reportable segments based on business units: Fintech, RPA, and Regtech businesses. The company generates all of its revenue from the Malaysian region.

Executives

Hui Yin Cham	officer: Principal Financial Officer	ZF-7 LE JARDINE CONDO, JALAN PANDAN INDAH 26, KUALA LUMPUR N8 55100
Seatech Ventures Corp.	10 percent owner	11-05&11-06, TOWER A,, AVE 3 VERTICAL BUSINESS SUITE,, BANGSAR SOUTH, KUALA LUMPUR N8 59200
Kai Cheong Wong	director, officer: CEO	NO.31, JALAN SL 3/3, BANDAR SUNGAI LONG, KAJANG N8 43000
Swee Ping Hoo	10 percent owner	20, JALAN SERING 7,, TAMAN SUNGAI SERING, BATU 9,, CHERAS N8 43200
See Unicorn Ventures Sdn Bhd	10 percent owner	11-05, TOWER A, AVE 3,, VERTICAL BUSINESS SUITE, JALAN KERINCHI, BANGSAR SOUTH N8 59200
Kok Wah Seah	director	B-13-3, PAPILLON DESA HILL, JALAN MORIB, TAMAN DESA, KUALA LUMPUR N8 58100