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Hai Leck Holdings (SGX:BLH) Cash-to-Debt : 18.95 (As of Dec. 2023)


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What is Hai Leck 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. Hai Leck Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 18.95.

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, Hai Leck 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 Hai Leck Holdings's Cash-to-Debt or its related term are showing as below:

SGX:BLH' s Cash-to-Debt Range Over the Past 10 Years
Min: 7.43   Med: 161.8   Max: No Debt
Current: 18.95

During the past 13 years, Hai Leck Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 7.43. And the median was 161.80.

SGX:BLH's Cash-to-Debt is ranked better than
79.53% of 1026 companies
in the Oil & Gas industry
Industry Median: 0.5 vs SGX:BLH: 18.95

Hai Leck Holdings Cash-to-Debt Historical Data

The historical data trend for Hai Leck 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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Hai Leck Holdings Cash-to-Debt Chart

Hai Leck Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,958.95 9.43 13.23 14.97 15.69

Hai Leck Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash-to-Debt 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 13.83 15.25 15.69 16.33 18.95

Competitive Comparison of Hai Leck Holdings's Cash-to-Debt

For the Oil & Gas Equipment & Services subindustry, Hai Leck 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.


Hai Leck Holdings's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hai Leck Holdings's Cash-to-Debt distribution charts can be found below:

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



Hai Leck 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.

Hai Leck Holdings's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Hai Leck Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

* 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.


Hai Leck Holdings  (SGX:BLH) 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.


Hai Leck Holdings Cash-to-Debt Related Terms

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Hai Leck Holdings (SGX:BLH) Business Description

Traded in Other Exchanges
N/A
Address
47 Tuas View Circuit, Singapore, SGP, 637357
Hai Leck Holdings Ltd is an investment holding company. The company's operating segment based on its products and services includes Project and maintenance services and Contact centre services. The project and maintenance services segment comprises of mechanical engineering services, scaffolding, corrosion prevention services, thermal insulation services, refractory and passive fireproofing and complemented by general civil engineering services. Its Contact centre services segment pertains to call centre services, telecommunications, and information technology services. Geographically, it derives a majority of revenue from Singapore.

Hai Leck Holdings (SGX:BLH) Headlines

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