GDEX Bhd (XKLS:0078) Cash-to-Debt : 1.87 (As of Jun. 2024)

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What is GDEX 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. GDEX Bhd's cash to debt ratio for the quarter that ended in Jun. 2024 was 1.87.

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, GDEX Bhd could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

XKLS:0078' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.71 Med: 3.18 Max: 13.89
Current: 1.87

During the past 13 years, GDEX Bhd's highest Cash to Debt Ratio was 13.89. The lowest was 1.71. And the median was 3.18.

XKLS:0078's Cash-to-Debt is ranked better than
76.59% of 974 companies
in the Transportation industry
Industry Median: 0.48 vs XKLS:0078: 1.87

GDEX Bhd Cash-to-Debt Historical Data

The historical data trend for GDEX 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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GDEX Bhd Cash-to-Debt Chart

GDEX Bhd Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

7.36

6.96

2.49

1.89

1.90

GDEX Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															1.87	1.79	1.90	2.03	1.87

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

For the Integrated Freight & Logistics subindustry, GDEX 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.

GDEX Bhd's Cash-to-Debt Distribution in the Transportation Industry

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

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

GDEX 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.

GDEX 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)
	=	194.295	/	(17.254	+	84.929)
	=	1.90

GDEX Bhd's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	190.862	/	(24.781	+	77.387)
	=	1.87

GDEX Bhd (XKLS:0078) 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.

GDEX Bhd Cash-to-Debt Related Terms

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GDEX Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » GDEX Bhd (XKLS:0078) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 19, Jalan Tandang, Petaling Jaya, SGR, MYS, 46050

Website

https://www.gdexpress.com

GDEX Bhd mainly engages in the provision of express delivery, logistics, information technology services, and property management. It provides a domestic express carrier, international express carrier, customized logistics solutions, logistics services, enhanced liability coverage, GDEX prepaid, and among others. The group has five business segments Express delivery, Logistics, Property management, Information technology, and Property investment. The majority of the revenue comes from the Express delivery segment. The company's geographical segments include Malaysia, which is the key revenue driver; Singapore; and Vietnam.

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