Tasek Bhd (XKLS:4448P.PFD) Cash-to-Debt : 3.03 (As of Jun. 2020)

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What is Tasek 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. Tasek Bhd's cash to debt ratio for the quarter that ended in Jun. 2020 was 3.03.

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, Tasek Bhd could pay off its debt using the cash in hand for the quarter that ended in Jun. 2020.

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

XKLS:4448P.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.29 Med: 24.41 Max: 174.13
Current: 3.03

During the past 13 years, Tasek Bhd's highest Cash to Debt Ratio was 174.13. The lowest was 2.29. And the median was 24.41.

XKLS:4448P.PFD's Cash-to-Debt is not ranked
in the Building Materials industry.
Industry Median: 0.43 vs XKLS:4448P.PFD: 3.03

Tasek Bhd Cash-to-Debt Historical Data

The historical data trend for Tasek 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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Tasek Bhd Cash-to-Debt Chart

Tasek Bhd Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Cash-to-Debt

Get a 7-Day Free Trial

21.90

14.59

14.66

5.33

3.10

Tasek Bhd Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Cash-to-Debt	Get a 7-Day Free Trial															2.45	2.29	3.10	2.93	3.03

Competitive Comparison of Tasek Bhd's Cash-to-Debt

For the Building Materials subindustry, Tasek 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.

Tasek Bhd's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tasek Bhd's Cash-to-Debt distribution charts can be found below:

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

Tasek 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.

Tasek Bhd's Cash to Debt Ratio for the fiscal year that ended in Dec. 2019 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)
	=	85.76	/	(25.719	+	1.989)
	=	3.10

Tasek Bhd's Cash to Debt Ratio for the quarter that ended in Jun. 2020 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)
	=	90.487	/	(27.126	+	2.742)
	=	3.03

Tasek Bhd (XKLS:4448P.PFD) 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.

Tasek Bhd Cash-to-Debt Related Terms

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Tasek Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Tasek Corp Bhd (XKLS:4448P.PFD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

160, Jalan Bukit Bintang, 6th Floor, Office Block, Grand Millennium Kuala Lumpur, Kuala Lumpur, MYS, 55100

Website

http://www.tasekcement.com

Tasek Corp Bhd is engaged in the production and sale of cement and related products. The company is organized into two main business segments: Cement and Ready Mix Concrete segment. The cement segment which derives majority revenue engages in cement manufacturing and sales of cement business. The ready mix concrete segment is in the supply of ready-mixed concrete business. The company's products include Ordinary Portland Cement, Masonry Cement, and Clinker. The company's largest end market by revenue in Malaysia.

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