TBK & Sons Holdings (HKSE:01960) Cash-to-Debt : 5.21 (As of Dec. 2023)

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What is TBK & Sons 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. TBK & Sons Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 5.21.

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, TBK & Sons Holdings 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 TBK & Sons Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:01960' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 5.21 Max: 12.25
Current: 5.21

During the past 8 years, TBK & Sons Holdings's highest Cash to Debt Ratio was 12.25. The lowest was 0.02. And the median was 5.21.

HKSE:01960's Cash-to-Debt is ranked better than
81.55% of 1691 companies
in the Construction industry
Industry Median: 0.62 vs HKSE:01960: 5.21

TBK & Sons Holdings Cash-to-Debt Historical Data

The historical data trend for TBK & Sons 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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TBK & Sons Holdings Cash-to-Debt Chart

TBK & Sons Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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0.94

5.73

9.09

6.68

4.94

TBK & Sons Holdings Semi-Annual Data
	Jun16	Jun17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial									10.73	6.68	5.98	4.94	5.21

Competitive Comparison of TBK & Sons Holdings's Cash-to-Debt

For the Engineering & Construction subindustry, TBK & Sons 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.

TBK & Sons Holdings's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, TBK & Sons Holdings's Cash-to-Debt distribution charts can be found below:

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

TBK & Sons 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.

TBK & Sons Holdings'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)
	=	77.699	/	(13.663	+	2.059)
	=	4.94

TBK & Sons Holdings'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)
	=	59.657	/	(10.338	+	1.105)
	=	5.21

TBK & Sons Holdings (HKSE:01960) 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.

TBK & Sons Holdings Cash-to-Debt Related Terms

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TBK & Sons Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » TBK & Sons Holdings Ltd (HKSE:01960) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Batu 2 Jalan Seremban, Lot 333, Kampung Paya, Port Dickson, NSN, MYS, 71000

Website

https://www.tbkssb.com.my

TBK & Sons Holdings Ltd is an investment holding company. Its operating segments are: Site preparation works projects, Construction and renovation works projects, Civil works projects, Building works projects, and Trading of oil and related products. The company generates a majority of its revenue from the trading of oil and related products. The civil works projects segment deals in site preparation work such as earthwork, demolition works, and temporary facilities infrastructure construction, including building temporary site offices, canteens, warehouses, and other civil works. Geographically, it operates in Hong Kong, Malaysia, and the PRC, with the maximum revenue generated from the People's Republic of China.

Executives

Fuji Investment Spc	2201 Interest of corporation controlled by you
Victory Lead Ventures Limited	2101 Beneficial owner
Tan Han Peng	2201 Interest of corporation controlled by you
Tan Hun Tiong	2201 Interest of corporation controlled by you
Tan Siew Hong	2202 Interest of your spouse
Tbk & Sons International Limited	2101 Beneficial owner
Yang Dunwei	2201 Interest of corporation controlled by you
Hong Hui Guo Ji You Xian Gong Si	2106 Person having a security interest in shares

TBK & Sons Holdings Headlines

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