Xidelang Holdings (XKLS:5156) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Xidelang Holdings 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. Xidelang Holdings's cash to debt ratio for the quarter that ended in Dec. 2024 was No Debt ⁽¹⁾.

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, Xidelang Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

(1) 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.

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

XKLS:5156' s Cash-to-Debt Range Over the Past 10 Years
Min: 49 Med: 66.55 Max: No Debt
Current: No Debt

During the past 13 years, Xidelang Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 49.00. And the median was 66.55.

XKLS:5156's Cash-to-Debt is ranked better than
99.71% of 1019 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.47 vs XKLS:5156: No Debt

Xidelang Holdings Cash-to-Debt Historical Data

The historical data trend for Xidelang Holdings'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.

* Premium members only.

Xidelang Holdings Cash-to-Debt Chart

Xidelang Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

65.00

69.52

No Debt

65.52

61.63

Xidelang Holdings Quarterly Data
	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															63.13	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Xidelang Holdings's Cash-to-Debt

For the Footwear & Accessories subindustry, Xidelang Holdings'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.

Xidelang Holdings's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Xidelang Holdings's Cash-to-Debt distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Xidelang Holdings 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.

Xidelang Holdings'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)
	=	494.082	/	(8.017	+	0)
	=	61.63

Xidelang Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

Xidelang Holdings had no debt ⁽¹⁾.

Xidelang Holdings (XKLS:5156) 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.

Xidelang Holdings Cash-to-Debt Related Terms

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

Xidelang Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Xidelang Holdings Ltd (XKLS:5156) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

XiDeLang Industrial Park, Neikeng Town, Fujian Province, Jinjiang, CHN, 362211

Website

http://www.xidelang.com.my

Xidelang Holdings Ltd is engaged in the business of designing, manufacturing, and marketing of sports shoes as well as designing and marketing of sports apparel, accessories, and equipment. The company operates into two segments; ODM Segment and Own-Branding Segment. The company mainly operates in the People's Republic of China and generates maximum revenue from the sale of sports shoes.

Xidelang Holdings Headlines

No Headlines

Xidelang Holdings (XKLS:5156) Cash-to-Debt : No Debt (1) (As of Dec. 2024)