Berjaya Assets Bhd (XKLS:3239) Cash-to-Debt : 0.07 (As of Sep. 2024)

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What is Berjaya Assets 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. Berjaya Assets Bhd's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.07.

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

XKLS:3239' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.08 Max: 0.18
Current: 0.07

During the past 13 years, Berjaya Assets Bhd's highest Cash to Debt Ratio was 0.18. The lowest was 0.05. And the median was 0.08.

XKLS:3239's Cash-to-Debt is ranked worse than
88.52% of 540 companies
in the Conglomerates industry
Industry Median: 0.47 vs XKLS:3239: 0.07

Berjaya Assets Bhd Cash-to-Debt Historical Data

The historical data trend for Berjaya Assets 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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Berjaya Assets Bhd Cash-to-Debt Chart

Berjaya Assets Bhd Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

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0.07

0.05

0.06

0.07

Berjaya Assets Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.08	0.08	0.08	0.07	0.07

Competitive Comparison of Berjaya Assets Bhd's Cash-to-Debt

For the Conglomerates subindustry, Berjaya Assets 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.

Berjaya Assets Bhd's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Berjaya Assets Bhd's Cash-to-Debt distribution charts can be found below:

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

Berjaya Assets 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.

Berjaya Assets Bhd's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	45.584	/	(245.434	+	441.733)
	=	0.07

Berjaya Assets 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)
	=	47.614	/	(240.475	+	435.63)
	=	0.07

Berjaya Assets Bhd (XKLS:3239) 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.

Berjaya Assets Bhd Cash-to-Debt Related Terms

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

Berjaya Assets Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Berjaya Assets Bhd (XKLS:3239) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

Level 12, Berjaya Times Square, No. 1 Jalan Imbi, Kuala Lumpur, SGR, MYS, 55100

Website

https://www.berjaya.com

Berjaya Assets Bhd is an investment holding company. The company's business segments are gaming and related activities, Property development and property investment, and Recreation and others. Group operates various forecast lotteries in Sarawak, as well as provides lottery consultancy and related services. It is also involved in the investment and development of properties; operation of a hotel, theme park, and car park; management of a ferry terminal; and leasing of a theatre, as well as general trading and provision of commission agency services. Business activity of Berjaya is predominantly functioned through Malaysia. The company generates maximum revenue from Property development and property investment segment.

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