Feytech Holdings Bhd (XKLS:5322) Cash-to-Debt : 6.17 (As of Jun. 2024)

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What is Feytech Holdings 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. Feytech Holdings Bhd's cash to debt ratio for the quarter that ended in Jun. 2024 was 6.17.

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, Feytech Holdings Bhd could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

XKLS:5322' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.69 Med: 2.17 Max: 6.17
Current: 6.17

During the past 4 years, Feytech Holdings Bhd's highest Cash to Debt Ratio was 6.17. The lowest was 1.69. And the median was 2.17.

XKLS:5322's Cash-to-Debt is ranked better than
83.14% of 1305 companies
in the Vehicles & Parts industry
Industry Median: 0.55 vs XKLS:5322: 6.17

Feytech Holdings Bhd Cash-to-Debt Historical Data

The historical data trend for Feytech Holdings 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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Feytech Holdings Bhd Cash-to-Debt Chart

Feytech Holdings Bhd Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

1.71

1.69

2.17

5.36

Feytech Holdings Bhd Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23	Jun24
Cash-to-Debt	1.71	1.69	2.17	5.36	6.17

Competitive Comparison of Feytech Holdings Bhd's Cash-to-Debt

For the Auto Parts subindustry, Feytech Holdings 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.

Feytech Holdings Bhd's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Feytech Holdings Bhd's Cash-to-Debt distribution charts can be found below:

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

Feytech Holdings 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.

Feytech Holdings 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)
	=	152.231	/	(3.249	+	25.142)
	=	5.36

Feytech Holdings Bhd's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	162.175	/	(2.861	+	23.43)
	=	6.17

Feytech Holdings Bhd (XKLS:5322) 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.

Feytech Holdings Bhd Cash-to-Debt Related Terms

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Feytech Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Feytech Holdings Bhd (XKLS:5322) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Jalan Bayu 2/6, Kawasan Perindustrian Tampoi Jaya, Johor Darul Ta'zim, Bahru, JHR, MYS, 81200

Website

https://www.feytech.com.my

Feytech Holdings Bhd Is an holding company. Through its subsidiaries, it is engaged in automotive cover manufacturer and automotive seat manufacturer based in Malaysia. It manufacture automotive covers for the OEM market segment that comprises automotive vehicle such as Mazda Malaysia (for Mazda 3, CX-5, CX-8 and CX-30 car models) and Kia Malaysia (for Kia Carnival and Sorento car models), as well as Tier 1 automotive seat and/or interior part manufacturers which serve automotive vehicle OEMs for brands such as Local OEM, Mazda and Hyundai.

Feytech Holdings Bhd Headlines

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