Master Tec Group Bhd (XKLS:0295) Cash-to-Debt : 0.91 (As of Jun. 2023)

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What is Master Tec Group 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. Master Tec Group Bhd's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.91.

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, Master Tec Group Bhd couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

XKLS:0295' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 0.32 Max: 0.91
Current: 0.91

During the past 3 years, Master Tec Group Bhd's highest Cash to Debt Ratio was 0.91. The lowest was 0.14. And the median was 0.32.

XKLS:0295's Cash-to-Debt is ranked worse than
54.31% of 3005 companies
in the Industrial Products industry
Industry Median: 1.18 vs XKLS:0295: 0.91

Master Tec Group Bhd Cash-to-Debt Historical Data

The historical data trend for Master Tec Group 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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Master Tec Group Bhd Cash-to-Debt Chart

Master Tec Group Bhd Annual Data

Trend

Dec20

Dec21

Dec22

Cash-to-Debt

0.14

0.24

0.40

Master Tec Group Bhd Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	0.14	0.24	N/A	0.40	0.91

Competitive Comparison of Master Tec Group Bhd's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Master Tec Group 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.

Master Tec Group Bhd's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Master Tec Group Bhd's Cash-to-Debt distribution charts can be found below:

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

Master Tec Group 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.

Master Tec Group Bhd's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	35.279	/	(68.395	+	19.439)
	=	0.40

Master Tec Group Bhd's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	70.529	/	(61.247	+	16.093)
	=	0.91

Master Tec Group Bhd (XKLS:0295) 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.

Master Tec Group Bhd Cash-to-Debt Related Terms

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Master Tec Group Bhd (XKLS:0295) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Master Tec Group Bhd (XKLS:0295) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

RM1299-A Kawasan, Perindustrian Rembia, Alor Gajah, Melaka, MLA, MYS, 78000

Website

https://www.mastertec.my

Master Tec Group Bhd is an investment holding company. Through its subsidiary, it is involved in the manufacturing and distribution of power cables, control and instrumentation cables, and other related products, and the trading of power cables, fibre optic cables, and other related products.

Master Tec Group Bhd (XKLS:0295) Headlines

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