MMAG Holdings Bhd (XKLS:0034) Cash-to-Debt : 0.24 (As of Sep. 2024)

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What is MMAG Holdings 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. MMAG Holdings Bhd's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.24.

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, MMAG Holdings Bhd couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

XKLS:0034' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.48 Max: 6.82
Current: 0.24

During the past 13 years, MMAG Holdings Bhd's highest Cash to Debt Ratio was 6.82. The lowest was 0.02. And the median was 0.48.

XKLS:0034's Cash-to-Debt is ranked worse than
83.82% of 2788 companies
in the Software industry
Industry Median: 2.4 vs XKLS:0034: 0.24

MMAG Holdings Bhd Cash-to-Debt Historical Data

The historical data trend for MMAG Holdings 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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MMAG Holdings Bhd Cash-to-Debt Chart

MMAG Holdings Bhd Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Cash-to-Debt

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6.82

1.58

0.17

0.45

0.07

MMAG Holdings Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.03	0.05	0.02	0.26	0.24

Competitive Comparison of MMAG Holdings Bhd's Cash-to-Debt

For the Software - Application subindustry, MMAG Holdings 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.

MMAG Holdings Bhd's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, MMAG Holdings Bhd's Cash-to-Debt distribution charts can be found below:

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

MMAG Holdings 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.

MMAG Holdings Bhd's Cash to Debt Ratio for the fiscal year that ended in Mar. 2022 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)
	=	22.545	/	(61.186	+	254.885)
	=	0.07

MMAG Holdings Bhd's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	83.098	/	(63.948	+	285.649)
	=	0.24

MMAG Holdings Bhd (XKLS:0034) 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.

MMAG Holdings Bhd Cash-to-Debt Related Terms

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MMAG Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MMAG Holdings Bhd (XKLS:0034) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Jalan TP2, Taman Perindustrian UEP, Subang Jaya, SGR, MYS, 47600

Website

https://www.mmag.com.my

MMAG Holdings Bhd is a Malaysia-based company engaged in investment holding. The company's operating segment includes Mobile and fulfillment; Courier and Logistic Services, Air freight and Others. It generates maximum revenue from the Mobile and fulfilments segment. The mobile and fulfilments segment includes distribution of smart devices, mobile operator's strategic 3PL and 4PL partners, fulfillment system and fulfilments marketplace providers and mobile retail stores. The Logistic services segment provides courier and delivery services. Air freight segment includes Provision of air cargo services. Geographically, it derives a majority of revenue from Malaysia and also has a presence in Singapore.

MMAG Holdings Bhd Headlines

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