Mayu Global Group Bhd (XKLS:7099) Cash-to-Debt : 38.98 (As of Mar. 2024)

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What is Mayu Global Group 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. Mayu Global Group Bhd's cash to debt ratio for the quarter that ended in Mar. 2024 was 38.98.

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, Mayu Global Group Bhd could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

XKLS:7099' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.2 Med: 7.66 Max: 92.06
Current: 38.98

During the past 13 years, Mayu Global Group Bhd's highest Cash to Debt Ratio was 92.06. The lowest was 0.20. And the median was 7.66.

XKLS:7099's Cash-to-Debt is ranked better than
86.24% of 3009 companies
in the Industrial Products industry
Industry Median: 1.22 vs XKLS:7099: 38.98

Mayu Global Group Bhd Cash-to-Debt Historical Data

The historical data trend for Mayu Global Group 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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Mayu Global Group Bhd Cash-to-Debt Chart

Mayu Global Group Bhd Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Jun21

Jun22

Jun23

Cash-to-Debt

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13.20

13.03

36.41

35.91

42.21

Mayu Global Group Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															25.88	42.21	41.55	92.06	38.98

Competitive Comparison of Mayu Global Group Bhd's Cash-to-Debt

For the Metal Fabrication subindustry, Mayu Global Group 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.

Mayu Global Group Bhd's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mayu Global Group Bhd's Cash-to-Debt distribution charts can be found below:

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

Mayu Global Group 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.

Mayu Global Group 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)
	=	63.15	/	(0.522	+	0.974)
	=	42.21

Mayu Global Group Bhd'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)
	=	54.732	/	(0.202	+	1.202)
	=	38.98

Mayu Global Group Bhd (XKLS:7099) 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.

Mayu Global Group Bhd Cash-to-Debt Related Terms

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Mayu Global Group Bhd (XKLS:7099) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mayu Global Group Bhd (XKLS:7099) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 17, Jalan Perusahaan Sungai Lokan 3, Taman Industri Sungai Lokan, Butterworth, Pulau Pinang, Seberang Perai, PNG, MYS, 13800

Website

https://www.mayuglobal.com

Mayu Global Group Bhd is an investment holding company. The company's operating segment includes Manufacturing; Trading; Property Development and Others. It generates maximum revenue from the Property development segment. Geographically, it derives a majority of its revenue from Malaysia.

Mayu Global Group Bhd (XKLS:7099) Headlines

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