Prolintas Infra Business Trust (XKLS:5320) Cash-to-Debt : 0.20 (As of Mar. 2024)

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What is Prolintas Infra Business Trust 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. Prolintas Infra Business Trust's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.20.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Prolintas Infra Business Trust couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Prolintas Infra Business Trust's Cash-to-Debt or its related term are showing as below:

XKLS:5320' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 0.19 Max: 0.21
Current: 0.2

During the past 3 years, Prolintas Infra Business Trust's highest Cash to Debt Ratio was 0.21. The lowest was 0.15. And the median was 0.19.

XKLS:5320's Cash-to-Debt is ranked worse than
75.98% of 1682 companies
in the Construction industry
Industry Median: 0.625 vs XKLS:5320: 0.20

Prolintas Infra Business Trust Cash-to-Debt Historical Data

The historical data trend for Prolintas Infra Business Trust'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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Prolintas Infra Business Trust Cash-to-Debt Chart

Prolintas Infra Business Trust Annual Data

Trend

Dec20

Dec21

Dec22

Cash-to-Debt

0.19

0.16

0.21

Prolintas Infra Business Trust Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Mar23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial			N/A	0.21	N/A	0.15	0.20

Competitive Comparison of Prolintas Infra Business Trust's Cash-to-Debt

For the Infrastructure Operations subindustry, Prolintas Infra Business Trust'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.

Prolintas Infra Business Trust's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Prolintas Infra Business Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Prolintas Infra Business Trust's Cash-to-Debt falls into.

Prolintas Infra Business Trust 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.

Prolintas Infra Business Trust's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	352.367	/	(131.485	+	1517.864)
	=	0.21

Prolintas Infra Business Trust'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)
	=	469.119	/	(0.164	+	2319.636)
	=	0.20

Prolintas Infra Business Trust (XKLS:5320) 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.

Prolintas Infra Business Trust Cash-to-Debt Related Terms

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

Prolintas Infra Business Trust (XKLS:5320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Prolintas Infra Business Trust (XKLS:5320) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

201-A Jalan Tun Razak, 12th Floor Menara PNB, Kuala Lumpur, MYS

Website

https://www.prolintasinfra.com.my

Prolintas Infra Business Trust is involved in the construction, toll collection, operation and maintenance of the Highways; and provision of ancillary facilities to complement the operation of the Highways and enhance road users' experience and convenience.

Prolintas Infra Business Trust (XKLS:5320) Headlines

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