Scope Industries Bhd (XKLS:0028) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2024)

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What is Scope Industries 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. Scope Industries Bhd's cash to debt ratio for the quarter that ended in Dec. 2024 was No Debt ⁽¹⁾.

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, Scope Industries Bhd could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

(1) 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.

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

XKLS:0028' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: 38.83 Max: No Debt
Current: No Debt

During the past 13 years, Scope Industries Bhd's highest Cash to Debt Ratio was No Debt. The lowest was 0.17. And the median was 38.83.

XKLS:0028's Cash-to-Debt is ranked better than
99.92% of 2448 companies
in the Hardware industry
Industry Median: 1.435 vs XKLS:0028: No Debt

Scope Industries Bhd Cash-to-Debt Historical Data

The historical data trend for Scope Industries 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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Scope Industries Bhd Cash-to-Debt Chart

Scope Industries Bhd Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

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0.75

0.91

21.98

56.45

No Debt

Scope Industries Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Scope Industries Bhd's Cash-to-Debt

For the Electronic Components subindustry, Scope Industries 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.

Scope Industries Bhd's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Scope Industries Bhd's Cash-to-Debt distribution charts can be found below:

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

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Scope Industries 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.

Scope Industries Bhd's Cash to Debt Ratio for the fiscal year that ended in Jun. 2024 is calculated as:

Scope Industries Bhd had no debt ⁽¹⁾.

Scope Industries Bhd's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

Scope Industries Bhd had no debt ⁽¹⁾.

Scope Industries Bhd (XKLS:0028) 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.

Scope Industries Bhd Cash-to-Debt Related Terms

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

Scope Industries Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Scope Industries Bhd (XKLS:0028) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 6181, Jalan Perusahaan 2, Kawasan Perindustrian Parit Buntar., Parit Buntar, PRK, MYS, 34200

Website

https://www.scope.com.my

Scope Industries Bhd operates as an investment holding company. The company is engaged in the manufacturing and assembling of electrical and electronic components and products as well as in the cultivation of oil palms. It operates through the following business segments: Manufacturing Division; Plantation Division and Trading Division. Its Manufacturing Division segment accounts for maximum of the firm's revenue. Geographically, it operates in Malaysia, Hong Kong, Europe, Singapore and Taiwan and derives majority of revenue from Hong Kong.

Scope Industries Bhd Headlines

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Scope Industries Bhd (XKLS:0028) Cash-to-Debt : No Debt (1) (As of Dec. 2024)