Perak Transit Bhd (XKLS:0186) Cash-to-Debt : 0.12 (As of Dec. 2023)

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What is Perak Transit 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. Perak Transit Bhd's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.12.

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, Perak Transit 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 Perak Transit Bhd's Cash-to-Debt or its related term are showing as below:

XKLS:0186' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.11 Max: 0.23
Current: 0.12

During the past 11 years, Perak Transit Bhd's highest Cash to Debt Ratio was 0.23. The lowest was 0.05. And the median was 0.11.

XKLS:0186's Cash-to-Debt is ranked worse than
79.94% of 947 companies
in the Transportation industry
Industry Median: 0.48 vs XKLS:0186: 0.12

Perak Transit Bhd Cash-to-Debt Historical Data

The historical data trend for Perak Transit 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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Perak Transit Bhd Cash-to-Debt Chart

Perak Transit Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.18

0.10

0.23

0.10

0.12

Perak Transit 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															0.10	0.50	0.38	0.25	0.12

Competitive Comparison of Perak Transit Bhd's Cash-to-Debt

For the Railroads subindustry, Perak Transit 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.

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

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

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

Perak Transit 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.

Perak Transit 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)
	=	65.293	/	(57.296	+	481.686)
	=	0.12

Perak Transit 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)
	=	65.293	/	(57.296	+	481.686)
	=	0.12

Perak Transit Bhd (XKLS:0186) 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.

Perak Transit Bhd Cash-to-Debt Related Terms

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Perak Transit Bhd (XKLS:0186) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Perak Transit Bhd (XKLS:0186) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Sultan Idris Shah, E-6-2A, SOHO Ipoh 2, Ipoh, PRK, MYS, 30000

Website

https://www.peraktransit.com.my

Perak Transit Bhd provides public bus services. The company's operating segment includes the operation of IPTT (Integrated public transportation terminal); operation of buses; operation of petrol station; operation of mining management and others. It generates maximum revenue from the operation of the IPTT segment. The Integrated public transportation terminal operations segment is engaged in the rental of A&P spaces, shops and kiosks, project facilitation, and others such as profit sharing from terminal management, car park fee, and taxi entrance fee in Terminal Meru Raya and Kampar Putra Sentral.

Perak Transit Bhd (XKLS:0186) Headlines

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