Luxchem Bhd (XKLS:5143) Cash-to-Debt : 3.94 (As of Sep. 2024)

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What is Luxchem 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. Luxchem Bhd's cash to debt ratio for the quarter that ended in Sep. 2024 was 3.94.

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, Luxchem Bhd could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

XKLS:5143' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.96 Med: 1.96 Max: 4.89
Current: 3.94

During the past 13 years, Luxchem Bhd's highest Cash to Debt Ratio was 4.89. The lowest was 0.96. And the median was 1.96.

XKLS:5143's Cash-to-Debt is ranked better than
75.57% of 1547 companies
in the Chemicals industry
Industry Median: 0.69 vs XKLS:5143: 3.94

Luxchem Bhd Cash-to-Debt Historical Data

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

Luxchem Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.97

2.18

2.17

3.99

4.89

Luxchem 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															4.01	4.89	4.38	4.15	3.94

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

For the Chemicals subindustry, Luxchem 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.

Luxchem Bhd's Cash-to-Debt Distribution in the Chemicals Industry

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

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

Luxchem 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.

Luxchem 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)
	=	252.67	/	(39.131	+	12.525)
	=	4.89

Luxchem 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)
	=	240.863	/	(50.846	+	10.294)
	=	3.94

Luxchem Bhd (XKLS:5143) 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.

Luxchem Bhd Cash-to-Debt Related Terms

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Luxchem Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Luxchem Corp Bhd (XKLS:5143) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jaya One 72A, Seksyen 13, Jalan Prof Diraja Ungku Aziz, Wisma Luxchem, Block N, Petaling Jaya, SGR, MYS, 46200

Website

http://www.luxchem.com.my

Luxchem Corp Bhd is a Malaysia based company engaged in the import, export, and distribution of petrochemical and other related products. It operates through two reportable segments namely Trading and Manufacturing. The Trading segment comprises of import, export, and distribution of petrochemical and other related products. The Manufacturing segment engages in the manufacturing and trading of unsaturated polyester resin and related products, and the manufacturing and trading of latex chemical dispersions, latex processing chemicals, and related products for the latex industry. Geographically, the firm has its presence across the region of Malaysia, Vietnam, Indonesia, Thailand, Singapore, Bangladesh, and Australia.

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