Chin Well Holdings Bhd (XKLS:5007) Cash-to-Debt : 58.84 (As of Mar. 2024)

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What is Chin Well 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. Chin Well Holdings Bhd's cash to debt ratio for the quarter that ended in Mar. 2024 was 58.84.

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, Chin Well 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 Chin Well Holdings Bhd's Cash-to-Debt or its related term are showing as below:

XKLS:5007' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.66 Med: 1.74 Max: 508.47
Current: 58.84

During the past 13 years, Chin Well Holdings Bhd's highest Cash to Debt Ratio was 508.47. The lowest was 0.66. And the median was 1.74.

XKLS:5007's Cash-to-Debt is ranked better than
87.76% of 3006 companies
in the Industrial Products industry
Industry Median: 1.23 vs XKLS:5007: 58.84

Chin Well Holdings Bhd Cash-to-Debt Historical Data

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

Chin Well Holdings Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

1.39

1.55

0.95

3.33

32.73

Chin Well 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															14.24	32.73	39.45	44.23	58.84

Competitive Comparison of Chin Well Holdings Bhd's Cash-to-Debt

For the Tools & Accessories subindustry, Chin Well 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.

Chin Well Holdings Bhd's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chin Well Holdings Bhd's Cash-to-Debt distribution charts can be found below:

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

Chin Well 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.

Chin Well Holdings Bhd's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	196.984	/	(5.552	+	0.466)
	=	32.73

Chin Well 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)
	=	200.226	/	(1.596	+	1.807)
	=	58.84

Chin Well Holdings Bhd (XKLS:5007) 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.

Chin Well Holdings Bhd Cash-to-Debt Related Terms

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Chin Well Holdings Bhd (XKLS:5007) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chin Well Holdings Bhd (XKLS:5007) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1586, MK11, Lorong Perusahaan Utama 1, Bukit Tengah Industrial Park, Bukit Mertajam, PNG, MYS, 14000

Website

https://www.chinwell.com.my

Chin Well Holdings Bhd is a Malaysia-based investment holding company. It operates in three business segments. The Fastening products segment is a key revenue driver which is engaged in the manufacturing and trading of screws, nuts, bolts, and other related products. Its Wire products segment is involved in the production of precision galvanized wire, annealing wire, bright wire, hard drawn wire, polyvinyl chloride wire, bent round bar, and grill mesh. The company's Investment holding segment comprises investment holding and property investment activities. Geographically, it operates in Malaysia, Europe, North America, Vietnam, Australia, Other Asia Pacific countries and others. It derives a majority of its revenue from Malaysia.

Chin Well Holdings Bhd (XKLS:5007) Headlines

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