PT Sekar Laut Tbk (ISX:SKLT) Cash-to-Debt : 0.97 (As of Mar. 2024)

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What is PT Sekar Laut Tbk 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. PT Sekar Laut Tbk's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.97.

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, PT Sekar Laut Tbk 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 PT Sekar Laut Tbk's Cash-to-Debt or its related term are showing as below:

ISX:SKLT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.5 Max: 1.36
Current: 0.97

During the past 7 years, PT Sekar Laut Tbk's highest Cash to Debt Ratio was 1.36. The lowest was 0.08. And the median was 0.50.

ISX:SKLT's Cash-to-Debt is ranked better than
61.69% of 1856 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs ISX:SKLT: 0.97

PT Sekar Laut Tbk Cash-to-Debt Historical Data

The historical data trend for PT Sekar Laut Tbk'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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PT Sekar Laut Tbk Cash-to-Debt Chart

PT Sekar Laut Tbk Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.12

0.44

1.06

0.66

1.36

PT Sekar Laut Tbk Quarterly Data
	Dec17	Dec18	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial								N/A	0.38	0.55	1.36	0.97

Competitive Comparison of PT Sekar Laut Tbk's Cash-to-Debt

For the Packaged Foods subindustry, PT Sekar Laut Tbk'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.

PT Sekar Laut Tbk's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Sekar Laut Tbk's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where PT Sekar Laut Tbk's Cash-to-Debt falls into.

PT Sekar Laut Tbk 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.

PT Sekar Laut Tbk's Cash to Debt Ratio for the fiscal year 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)
	=	246959.516	/	(172395.135	+	9632.182)
	=	1.36

PT Sekar Laut Tbk'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)
	=	173592.176	/	(169055.278	+	9939.535)
	=	0.97

PT Sekar Laut Tbk (ISX:SKLT) 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.

PT Sekar Laut Tbk Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of PT Sekar Laut Tbk's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Sekar Laut Tbk (ISX:SKLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Sekar Laut Tbk (ISX:SKLT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Raya Darmo 23-25, Jawa Timur, Surabaya, IDN, 60265

Website

https://www.sekarlaut.com

PT Sekar Laut Tbk produces and develops crackers, tomato and chili sauces, and ready to use seasonings in Indonesia and internationally. It products include Crackers, Condiment, Cooking Spices, Melinjo. and Sauce products under the Finna brand name. In addition, it is involved in the trading of consumer goods, shrimp feed, and others; and restaurant business. It has a geographical presence in Netherland, Korea, England, Oceania, China and other regions of which Netherland generates maximum revenue.

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