Astramina Group Bhd (XKLS:03032) Cash-to-Debt : 6.85 (As of Aug. 2023)

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What is Astramina 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. Astramina Group Bhd's cash to debt ratio for the quarter that ended in Aug. 2023 was 6.85.

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, Astramina Group Bhd could pay off its debt using the cash in hand for the quarter that ended in Aug. 2023.

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

XKLS:03032' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.23 Med: 5.76 Max: 3484.2
Current: 6.85

During the past 6 years, Astramina Group Bhd's highest Cash to Debt Ratio was 3484.20. The lowest was 4.23. And the median was 5.76.

XKLS:03032's Cash-to-Debt is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 0.51 vs XKLS:03032: 6.85

Astramina Group Bhd Cash-to-Debt Historical Data

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

Astramina Group Bhd Annual Data

Trend

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Cash-to-Debt

Get a 7-Day Free Trial

12.65

3.73

4.61

5.18

6.04

Astramina Group Bhd Semi-Annual Data
	Feb18	Aug18	Feb19	Aug19	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Cash-to-Debt	Get a 7-Day Free Trial						4.88	5.18	5.49	6.04	6.85

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

For the Packaged Foods subindustry, Astramina 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.

Astramina Group Bhd's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Astramina Group Bhd's Cash-to-Debt distribution charts can be found below:

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

Astramina 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.

Astramina Group Bhd's Cash to Debt Ratio for the fiscal year that ended in Feb. 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)
	=	39.321	/	(0.247	+	6.267)
	=	6.04

Astramina Group Bhd's Cash to Debt Ratio for the quarter that ended in Aug. 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)
	=	43.234	/	(0.247	+	6.064)
	=	6.85

Astramina Group Bhd (XKLS:03032) 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.

Astramina Group Bhd Cash-to-Debt Related Terms

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Astramina Group Bhd (XKLS:03032) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Astramina Group Bhd (XKLS:03032) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 102, Jalan Metro Perdana Barat 13, Sri Edaran Industrial Park, Off Jalan Kepong, Kuala Lumpur, MYS, 52100

Website

https://www.seasonings.com.my

Astramina Group Bhd through its subsidiary is engaged in the manufacturing and selling of food ingredients, and trading of food ingredients. The company distribute its seasoning products through several key distributors from Singapore, South Korea, Sri Lanka, Bangladesh, Pakistan, Indonesia, Myanmar and China. The operating business segments are manufacturing and selling of food ingredients, and trading of food ingredients, with maximum revenue from manufacturing and selling of food ingredients segment.

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