SKB Shutters Bhd (XKLS:7115) Cash-to-Debt : 0.52 (As of Mar. 2024)

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What is SKB Shutters 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. SKB Shutters Bhd's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.52.

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, SKB Shutters Bhd 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 SKB Shutters Bhd's Cash-to-Debt or its related term are showing as below:

XKLS:7115' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.24 Max: 0.97
Current: 0.52

During the past 13 years, SKB Shutters Bhd's highest Cash to Debt Ratio was 0.97. The lowest was 0.05. And the median was 0.24.

XKLS:7115's Cash-to-Debt is ranked worse than
65.62% of 2999 companies
in the Industrial Products industry
Industry Median: 1.18 vs XKLS:7115: 0.52

SKB Shutters Bhd Cash-to-Debt Historical Data

The historical data trend for SKB Shutters 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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SKB Shutters Bhd Cash-to-Debt Chart

SKB Shutters Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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0.09

0.12

0.34

0.33

0.30

SKB Shutters Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.42	0.30	0.39	0.44	0.52

Competitive Comparison of SKB Shutters Bhd's Cash-to-Debt

For the Metal Fabrication subindustry, SKB Shutters 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.

SKB Shutters Bhd's Cash-to-Debt Distribution in the Industrial Products Industry

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

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

SKB Shutters 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.

SKB Shutters 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)
	=	24.327	/	(16.125	+	64.589)
	=	0.30

SKB Shutters 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)
	=	43.591	/	(23.434	+	60.851)
	=	0.52

SKB Shutters Bhd (XKLS:7115) 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.

SKB Shutters Bhd Cash-to-Debt Related Terms

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

SKB Shutters Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SKB Shutters Corp Bhd (XKLS:7115) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 22, Jalan Teknologi, Taman Sains Selangor 1, Kota Damansara, Petaling Jaya, SGR, MYS, 47810

Website

https://www.skb-shutters.com

SKB Shutters Corp Bhd is engaged in the manufacturing and sale of roller shutters, racking systems, storage system and related steel products which are carried out in Malaysia and Singapore. It also manufactures and provides repair services for motor components. The business is spread across Malaysia, Asia, Middle East, Australia and other regions. The group's clients are main contractors, manufacturing plants and warehouse operators.

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