LTKM Bhd (XKLS:7085) Cash-to-Debt : 1.28 (As of Dec. 2023)

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What is LTKM 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. LTKM Bhd's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.28.

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, LTKM Bhd could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

XKLS:7085' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 0.65 Max: 2.78
Current: 1.28

During the past 13 years, LTKM Bhd's highest Cash to Debt Ratio was 2.78. The lowest was 0.22. And the median was 0.65.

XKLS:7085's Cash-to-Debt is ranked better than
65.23% of 1855 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs XKLS:7085: 1.28

LTKM Bhd Cash-to-Debt Historical Data

The historical data trend for LTKM 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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LTKM Bhd Cash-to-Debt Chart

LTKM Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

0.49

0.65

0.50

0.59

1.03

LTKM Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.81	1.03	1.28	1.19	1.28

Competitive Comparison of LTKM Bhd's Cash-to-Debt

For the Farm Products subindustry, LTKM 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.

LTKM Bhd's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, LTKM Bhd's Cash-to-Debt distribution charts can be found below:

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

LTKM 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.

LTKM Bhd's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	79.602	/	(44.778	+	32.224)
	=	1.03

LTKM Bhd's Cash to Debt Ratio for the quarter 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)
	=	94.351	/	(47.97	+	25.497)
	=	1.28

LTKM Bhd (XKLS:7085) 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.

LTKM Bhd Cash-to-Debt Related Terms

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LTKM Bhd (XKLS:7085) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » LTKM Bhd (XKLS:7085) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 102, Batu 1 ½, Jalan Meru, Klang, SGR, MYS, 41050

Website

https://www.ltkm.com.my

LTKM Bhd is engaged in investment holding and provision of management services. The business operates in segments that include the Production and Sale of Poultry and Related Products; which produces and sells chicken eggs, chickens, and organic fertilizers, Extraction and Sale of Sand; which mines and sells sand, Investment Holding; which invests in quoted and unquoted securities, and Property Development; which develops residential and commercial properties. The Production and Sale of Poultry and Related Products segment generates maximum revenue for the company. The organization caters only to the Malaysian market.

LTKM Bhd (XKLS:7085) Headlines

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