HE Group Bhd (XKLS:0296) Cash-to-Debt : 18.76 (As of Dec. 2024)

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What is HE 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. HE Group Bhd's cash to debt ratio for the quarter that ended in Dec. 2024 was 18.76.

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, HE Group Bhd could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

XKLS:0296' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 0.74 Max: 18.76
Current: 18.76

During the past 5 years, HE Group Bhd's highest Cash to Debt Ratio was 18.76. The lowest was 0.22. And the median was 0.74.

XKLS:0296's Cash-to-Debt is ranked better than
87.97% of 1721 companies
in the Construction industry
Industry Median: 0.66 vs XKLS:0296: 18.76

HE Group Bhd Cash-to-Debt Historical Data

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

HE Group Bhd Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

0.27

0.22

1.21

N/A

18.76

HE Group Bhd Quarterly Data
	Dec20	Dec21	Dec22	Aug23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial				N/A	14.97	16.07	14.92	18.76

Competitive Comparison of HE Group Bhd's Cash-to-Debt

For the Engineering & Construction subindustry, HE 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.

HE Group Bhd's Cash-to-Debt Distribution in the Construction Industry

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

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

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HE 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.

HE Group Bhd's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	57.738	/	(0.935	+	2.143)
	=	18.76

HE Group Bhd's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	57.738	/	(0.935	+	2.143)
	=	18.76

HE Group Bhd (XKLS:0296) 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.

HE Group Bhd Cash-to-Debt Related Terms

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HE Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » HE Group Bhd (XKLS:0296) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 42, Jalan OP 1/5, Pusat Perdagangan One Puchong, Puchong, SGR, MYS, 47160

Website

https://www.hexatech.com.my

HE Group Bhd is an electrical engineering service provider focusing on power distribution systems for end user premises such as industrial plants, and industrial and commercial substations. It is involved in the design, supply, installation, testing, and commissioning of HV, MV, LV, and ELV power distribution systems, as well as hook-up and retrofitting of electrical equipment. It also provides other building systems and works including mechanical systems, control, and instrumentation systems, as well as civil, structural, and architectural works. Its segment includes, namely the provision of power distribution systems, other building systems and works, electrical equipment hook-up and retrofitting, and trading sectors in Malaysia. Maximum revenue is generated from power distribution.

HE Group Bhd Headlines

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