Marco Holdings Bhd (XKLS:3514) Cash-to-Debt : 16.93 (As of Mar. 2024)

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What is Marco Holdings 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. Marco Holdings Bhd's cash to debt ratio for the quarter that ended in Mar. 2024 was 16.93.

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, Marco Holdings Bhd could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

XKLS:3514' s Cash-to-Debt Range Over the Past 10 Years
Min: 9.39 Med: 32.22 Max: No Debt
Current: 16.93

During the past 13 years, Marco Holdings Bhd's highest Cash to Debt Ratio was No Debt. The lowest was 9.39. And the median was 32.22.

XKLS:3514's Cash-to-Debt is ranked better than
82.16% of 2477 companies
in the Hardware industry
Industry Median: 1.33 vs XKLS:3514: 16.93

Marco Holdings Bhd Cash-to-Debt Historical Data

The historical data trend for Marco Holdings 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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Marco Holdings Bhd Cash-to-Debt Chart

Marco Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

14.76

24.14

36.99

45.07

15.07

Marco Holdings Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															11.47	52.44	52.99	15.07	16.93

Competitive Comparison of Marco Holdings Bhd's Cash-to-Debt

For the Electronics & Computer Distribution subindustry, Marco Holdings 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.

Marco Holdings Bhd's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Marco Holdings Bhd's Cash-to-Debt distribution charts can be found below:

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

Marco Holdings 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.

Marco Holdings 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)
	=	89.249	/	(3.961	+	1.962)
	=	15.07

Marco Holdings Bhd's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	78.532	/	(3.961	+	0.677)
	=	16.93

Marco Holdings Bhd (XKLS:3514) 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.

Marco Holdings Bhd Cash-to-Debt Related Terms

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Marco Holdings Bhd (XKLS:3514) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Marco Holdings Bhd (XKLS:3514) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Jalan Segambut, 2nd Floor, Kuala Lumpur, SGR, MYS, 51200

Website

https://www.marco-groups.com

Marco Holdings Bhd is an investment holding company. It is engaged in the import and export of electronic equipment. The product line of the company consists of watches, calculators, label printers, electronic musical, instruments, guitars and ukulele, digital camera, and time-lapse camera. The business of the company operates in segments that include the Distribution of Electronic Calculators, Time Pieces, Musical Keyboard, and Digital Camera; and Others including Investment Holding and Dormant Companies. The Distribution of Electronic Calculators, Time Pieces, Musical Keyboard, and Digital Camera generate maximum revenue for the company. Geographically, the majority is from Malaysia.

Marco Holdings Bhd (XKLS:3514) Headlines

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