WS-SK Target Group (HKSE:08427) Cash-to-Debt : 6.51 (As of Nov. 2023)

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What is WS-SK Target Group 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. WS-SK Target Group's cash to debt ratio for the quarter that ended in Nov. 2023 was 6.51.

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, WS-SK Target Group could pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

The historical rank and industry rank for WS-SK Target Group's Cash-to-Debt or its related term are showing as below:

HKSE:08427' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.86 Med: 9.89 Max: No Debt
Current: 7.33

During the past 10 years, WS-SK Target Group's highest Cash to Debt Ratio was No Debt. The lowest was 2.86. And the median was 9.89.

HKSE:08427's Cash-to-Debt is ranked better than
86.6% of 388 companies
in the Building Materials industry
Industry Median: 0.42 vs HKSE:08427: 7.33

WS-SK Target Group Cash-to-Debt Historical Data

The historical data trend for WS-SK Target Group'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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WS-SK Target Group Cash-to-Debt Chart

WS-SK Target Group Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Cash-to-Debt

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6.76

15.19

15.72

6.52

7.33

WS-SK Target Group Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	May24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	6.52	N/A	6.51	7.33

Competitive Comparison of WS-SK Target Group's Cash-to-Debt

For the Building Materials subindustry, WS-SK Target Group'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.

WS-SK Target Group's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, WS-SK Target Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where WS-SK Target Group's Cash-to-Debt falls into.

WS-SK Target Group 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.

WS-SK Target Group's Cash to Debt Ratio for the fiscal year that ended in May. 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)
	=	46.766	/	(6.379	+	0)
	=	7.33

WS-SK Target Group's Cash to Debt Ratio for the quarter that ended in Nov. 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)
	=	43.362	/	(0.525	+	6.138)
	=	6.51

WS-SK Target Group (HKSE:08427) 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.

WS-SK Target Group Cash-to-Debt Related Terms

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WS-SK Target Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » WS-SK Target Group Ltd (HKSE:08427) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18, Jalan LP 2A/2, Taman Lestari Perdana, Darul Ehsan, Seri Kembangan, SGR, MYS, 43300

Website

https://www.sktargetgroup.com

WS-SK Target Group Ltd formerly, SK Target Group Ltd is an investment holding company. The principal activities of the company are manufacturing and trading of precast concrete junction boxes, trading of accessories and pipes and provision of mobile crane rental and ancillary services in Malaysia, sourcing service of materials in Hong Kong. The company has two segments: Manufacturing and trading which involves manufacturing and trading of precast concrete junction boxes; and Other building materials and services which involves trading of accessories and pipes and provision of mobile crane rental and ancillary services; Geographically, it derives a majority of revenue from Malaysia.

Executives

Loh Swee Keong	2201 Interest of corporation controlled by you
Merchant World Investments Limited	2101 Beneficial owner
Woon Sow Sum	2202 Interest of your spouse
Cheng Lai Wah Christina	2202 Interest of your spouse
Greater Elite Holdings Limited	2101 Beneficial owner
Law Fung Yuen Paul	2201 Interest of corporation controlled by you
Cheng Chek Kay	2101 Beneficial owner
Choy Sheung Ki Gary	2101 Beneficial owner

WS-SK Target Group Headlines

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