Metro Healthcare Bhd (XKLS:03005) Cash-to-Debt : 0.85 (As of Dec. 2023)

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What is Metro Healthcare 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. Metro Healthcare Bhd's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.85.

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

XKLS:03005' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.24 Med: 1.08 Max: No Debt
Current: 0.85

During the past 9 years, Metro Healthcare Bhd's highest Cash to Debt Ratio was No Debt. The lowest was 0.24. And the median was 1.08.

XKLS:03005's Cash-to-Debt is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 0.66 vs XKLS:03005: 0.85

Metro Healthcare Bhd Cash-to-Debt Historical Data

The historical data trend for Metro Healthcare 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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Metro Healthcare Bhd Cash-to-Debt Chart

Metro Healthcare Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.55

0.79

1.37

1.40

0.85

Metro Healthcare Bhd Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial											1.37	1.01	1.40	0.69	0.85

Competitive Comparison of Metro Healthcare Bhd's Cash-to-Debt

For the Medical Care Facilities subindustry, Metro Healthcare 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.

Metro Healthcare Bhd's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Metro Healthcare Bhd's Cash-to-Debt distribution charts can be found below:

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

Metro Healthcare 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.

Metro Healthcare 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)
	=	15.158	/	(1.845	+	15.982)
	=	0.85

Metro Healthcare 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)
	=	15.158	/	(1.845	+	15.982)
	=	0.85

Metro Healthcare Bhd (XKLS:03005) 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.

Metro Healthcare Bhd Cash-to-Debt Related Terms

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

Metro Healthcare Bhd (XKLS:03005) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Metro Healthcare Bhd (XKLS:03005) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 36, Jalan Pasar, Klang, Selangor Darul Ehsan, MYS, 41400

Website

http://www.metro.com.my

Metro Healthcare Bhd is engaged in the provision of women healthcare services. The company offers various services such as obstetrics, gynecology impatient services, and diagnostic medical imaging services. It also provides semen analysis, intracytoplasmic sperm injection, blastocyst culture, assisted hatching, frozen embryo transfer, preimplantation genetic screening, and infertility consultation services. The company serves patients in Malaysia.

Metro Healthcare Bhd (XKLS:03005) Headlines

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