Tong Herr Resources Bhd (XKLS:5010) Cash-to-Debt : 3.10 (As of Dec. 2024)

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What is Tong Herr Resources 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. Tong Herr Resources Bhd's cash to debt ratio for the quarter that ended in Dec. 2024 was 3.10.

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, Tong Herr Resources Bhd could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

XKLS:5010' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.62 Med: 1.32 Max: 6.39
Current: 3.1

During the past 13 years, Tong Herr Resources Bhd's highest Cash to Debt Ratio was 6.39. The lowest was 0.62. And the median was 1.32.

XKLS:5010's Cash-to-Debt is ranked better than
65.87% of 3006 companies
in the Industrial Products industry
Industry Median: 1.245 vs XKLS:5010: 3.10

Tong Herr Resources Bhd Cash-to-Debt Historical Data

The historical data trend for Tong Herr Resources 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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Tong Herr Resources Bhd Cash-to-Debt Chart

Tong Herr Resources Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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1.70

0.62

2.94

6.39

3.10

Tong Herr Resources Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															6.39	7.84	10.67	7.67	3.10

Competitive Comparison of Tong Herr Resources Bhd's Cash-to-Debt

For the Tools & Accessories subindustry, Tong Herr Resources 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.

Tong Herr Resources Bhd's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tong Herr Resources Bhd's Cash-to-Debt distribution charts can be found below:

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

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Tong Herr Resources 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.

Tong Herr Resources Bhd's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	129.797	/	(41.289	+	0.538)
	=	3.10

Tong Herr Resources Bhd's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	129.797	/	(41.289	+	0.538)
	=	3.10

Tong Herr Resources Bhd (XKLS:5010) 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.

Tong Herr Resources Bhd Cash-to-Debt Related Terms

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

Tong Herr Resources Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tong Herr Resources Bhd (XKLS:5010) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2515, Tingkat Perusahaan 4A, Perai Free Trade Zone, Perai, PNG, MYS, 13600

Website

https://www.tong.com.my

Tong Herr Resources Bhd is a Malaysia-based investment holding company. It operates through two segments namely Manufacture and sale of stainless steel fasteners and Manufacture and sale of aluminum products. The company derives maximum revenue from the Manufacture and sale of stainless steel fasteners segment. It is engaged in the production and marketing of stainless steel fasteners such as nuts, bolts, screws, and all other threaded items, aluminum extrusion, and its related products. It operates geographically across countries like Malaysia, Taiwan, the United States of America, and Other countries.

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