NuEnergy Holdings Bhd (XKLS:5614) Cash-to-Debt : 0.84 (As of Dec. 2024)

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What is NuEnergy 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. NuEnergy Holdings Bhd's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.84.

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, NuEnergy Holdings Bhd couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

XKLS:5614' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.25 Med: 1.08 Max: 2.39
Current: 0.84

During the past 13 years, NuEnergy Holdings Bhd's highest Cash to Debt Ratio was 2.39. The lowest was 0.25. And the median was 1.08.

XKLS:5614's Cash-to-Debt is ranked better than
72.09% of 430 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.27 vs XKLS:5614: 0.84

NuEnergy Holdings Bhd Cash-to-Debt Historical Data

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

NuEnergy Holdings Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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1.31

1.67

1.87

2.39

0.84

NuEnergy Holdings Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															2.39	3.10	3.17	1.47	0.84

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

For the Utilities - Renewable subindustry, NuEnergy 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.

NuEnergy Holdings Bhd's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, NuEnergy Holdings Bhd's Cash-to-Debt distribution charts can be found below:

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

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NuEnergy 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.

NuEnergy Holdings Bhd's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	36.354	/	(2.971	+	40.189)
	=	0.84

NuEnergy Holdings Bhd's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	36.354	/	(2.971	+	40.189)
	=	0.84

NuEnergy Holdings Bhd (XKLS:5614) 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.

NuEnergy Holdings Bhd Cash-to-Debt Related Terms

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

NuEnergy Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » NuEnergy Holdings Bhd (XKLS:5614) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 6, Jalan Sungai Buloh, 27/101A, Seksyen 27, Shah Alam, SGR, MYS, 40400

Website

https://www.ilb.com.my

NuEnergy Holdings Bhd formerly ILB Group Bhd is an investment holding firm. The company and its subsidiaries are engaged in operating solar power plants, procurement of solar photovoltaic (PV) modules, and investment holding. Its operating segment is solar energy and related businesses in Malaysia. The company generates revenue from the sale of electricity, rental and interest income, sale of solar photovoltaic modules which accounts for the firm's majority of the revenue, construction contracts, and operation and maintenance of solar energy systems.

NuEnergy Holdings Bhd Headlines

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