JAG Bhd (XKLS:0024) Cash-to-Debt : 0.27 (As of Dec. 2023)

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What is JAG Bhd 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. JAG Bhd's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.27.

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, JAG Bhd couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

XKLS:0024' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.27 Med: 0.79 Max: 1.35
Current: 0.27

During the past 13 years, JAG Bhd's highest Cash to Debt Ratio was 1.35. The lowest was 0.27. And the median was 0.79.

XKLS:0024's Cash-to-Debt is ranked worse than
55.83% of 240 companies
in the Waste Management industry
Industry Median: 0.345 vs XKLS:0024: 0.27

JAG Bhd Cash-to-Debt Historical Data

The historical data trend for JAG Bhd'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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JAG Bhd Cash-to-Debt Chart

JAG Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.72

0.77

1.35

0.98

0.27

JAG Bhd 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															0.98	0.33	0.31	0.28	0.27

Competitive Comparison of JAG Bhd's Cash-to-Debt

For the Waste Management subindustry, JAG Bhd'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.

JAG Bhd's Cash-to-Debt Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, JAG Bhd's Cash-to-Debt distribution charts can be found below:

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

JAG Bhd 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.

JAG Bhd'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)
	=	18.32	/	(28.703	+	39.024)
	=	0.27

JAG Bhd'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)
	=	18.32	/	(28.703	+	39.024)
	=	0.27

JAG Bhd (XKLS:0024) 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.

JAG Bhd Cash-to-Debt Related Terms

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

JAG Bhd (XKLS:0024) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » JAG Bhd (XKLS:0024) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

72A, Jalan Universiti, D65-3A, Block D, Jaya One, Petaling Jaya, SGR, MYS, 46200

Website

https://www.jagb.com.my

JAG Bhd is an investment holding company with six reportable segments: Manufacturing; Trading; Lifestyle and Services; Proprietary Solutions and Software Maintenance; Investment; Investment and Property Development. The Manufacturing Segment that derives the majority of revenue involves recycling and manufacturing activities of extraction, production, and refinery of ferrous, non-ferrous, and precious metals via industrial and electronic waste. Trading includes trading of ferrous and non-ferrous metals. Services include operating a coin-operated laundry business. Proprietary solutions include computer software development, maintenance, and support services. Property development includes buy, sell, and rent self-owned or leased real estate land, property development, and project management.

JAG Bhd (XKLS:0024) Headlines

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