CPE Technology Bhd (XKLS:5317) Cash-to-Debt : 13.04 (As of Jun. 2023)

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What is CPE Technology 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. CPE Technology Bhd's cash to debt ratio for the quarter that ended in Jun. 2023 was 13.04.

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, CPE Technology Bhd could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

XKLS:5317' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.77 Med: 1.68 Max: 13.04
Current: 13.04

During the past 5 years, CPE Technology Bhd's highest Cash to Debt Ratio was 13.04. The lowest was 0.77. And the median was 1.68.

XKLS:5317's Cash-to-Debt is ranked better than
80.45% of 2471 companies
in the Hardware industry
Industry Median: 1.35 vs XKLS:5317: 13.04

CPE Technology Bhd Cash-to-Debt Historical Data

The historical data trend for CPE Technology 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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CPE Technology Bhd Cash-to-Debt Chart

CPE Technology Bhd Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

1.08

1.68

1.87

0.77

13.04

CPE Technology Bhd Semi-Annual Data
	Jun19	Jun20	Jun21	Jun22	Jun23
Cash-to-Debt	1.08	1.68	1.87	0.77	13.04

Competitive Comparison of CPE Technology Bhd's Cash-to-Debt

For the Electronic Components subindustry, CPE Technology 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.

CPE Technology Bhd's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CPE Technology Bhd's Cash-to-Debt distribution charts can be found below:

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

CPE Technology 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.

CPE Technology 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)
	=	207.076	/	(7.916	+	7.964)
	=	13.04

CPE Technology Bhd's Cash to Debt Ratio for the quarter 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)
	=	207.076	/	(7.916	+	7.964)
	=	13.04

CPE Technology Bhd (XKLS:5317) 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.

CPE Technology Bhd Cash-to-Debt Related Terms

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CPE Technology Bhd (XKLS:5317) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CPE Technology Bhd (XKLS:5317) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6, Jalan Indah Gemilang 5, Taman Perindustrian Gemilang, Ulu Tiram, JHR, MYS, 81800

Website

https://www.cpetbhd.com

CPE Technology Bhd is an engineering support services provider principally involved in the manufacturing of precision-machined parts and components and the provision of CNC machining services. The precision-machined parts and components are then used by its customers in different industries which include, but not limited to, semiconductors, life science and medical devices, sports equipment, sensor equipment and security industries in Malaysia and overseas. The company utilizes CNC machining as its primary process such as milling, turning and lathing before going through associated secondary processes which include, but not limited to, polishing, grinding and sandblasting to produce precision-machined parts and components from metal rods and blocks.

CPE Technology Bhd (XKLS:5317) Headlines

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