Taghill Holdings Bhd (XKLS:0241) Cash-to-Debt : 0.28 (As of Sep. 2024)

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What is Taghill 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. Taghill Holdings Bhd's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.28.

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

XKLS:0241' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 0.41 Max: 3.3
Current: 0.28

During the past 6 years, Taghill Holdings Bhd's highest Cash to Debt Ratio was 3.30. The lowest was 0.12. And the median was 0.41.

XKLS:0241's Cash-to-Debt is ranked worse than
67.19% of 1722 companies
in the Construction industry
Industry Median: 0.62 vs XKLS:0241: 0.28

Taghill Holdings Bhd Cash-to-Debt Historical Data

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

Taghill Holdings Bhd Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.38

0.41

0.12

0.29

0.18

Taghill Holdings Bhd Quarterly Data
	Dec18	Dec19	Dec20	Jul21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial											0.49	0.18	0.61	0.22	0.28

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

For the Engineering & Construction subindustry, Taghill 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.

Taghill Holdings Bhd's Cash-to-Debt Distribution in the Construction Industry

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

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

Taghill 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.

Taghill Holdings 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)
	=	5.167	/	(27.536	+	1.319)
	=	0.18

Taghill 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)
	=	53.215	/	(158.404	+	33.508)
	=	0.28

Taghill Holdings Bhd (XKLS:0241) 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.

Taghill Holdings Bhd Cash-to-Debt Related Terms

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

Taghill Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Taghill Holdings Bhd (XKLS:0241) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan BK 5A/2B, D-21-0, Kinrara Niaga, Bandar Kinrara, Puchong, SGR, MYS, 47180

Website

https://www.taghill.my

Taghill Holdings Bhd has its core business in building construction of residential and non-residential buildings. Apart from that, Taghill Group also provides BIM, digitization solutions and services.

Taghill Holdings Bhd Headlines

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