Classita Holdings Bhd (XKLS:7154) Cash-to-Debt : 12.73 (As of Mar. 2024)

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What is Classita 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. Classita Holdings Bhd's cash to debt ratio for the quarter that ended in Mar. 2024 was 12.73.

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

XKLS:7154' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.3 Max: 12.73
Current: 12.73

During the past 13 years, Classita Holdings Bhd's highest Cash to Debt Ratio was 12.73. The lowest was 0.02. And the median was 0.30.

XKLS:7154's Cash-to-Debt is ranked better than
87.03% of 1033 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.48 vs XKLS:7154: 12.73

Classita Holdings Bhd Cash-to-Debt Historical Data

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

Classita Holdings Bhd Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Jun23

Cash-to-Debt

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0.20

0.13

0.19

0.33

9.46

Classita Holdings Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															2.16	9.46	11.98	11.89	12.73

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

For the Apparel Manufacturing subindustry, Classita 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.

Classita Holdings Bhd's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Classita Holdings Bhd's Cash-to-Debt distribution charts can be found below:

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

Classita 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.

Classita Holdings 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)
	=	80.684	/	(1.495	+	7.032)
	=	9.46

Classita Holdings 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)
	=	86.918	/	(1.298	+	5.53)
	=	12.73

Classita Holdings Bhd (XKLS:7154) 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.

Classita Holdings Bhd Cash-to-Debt Related Terms

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Classita Holdings Bhd (XKLS:7154) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Classita Holdings Bhd (XKLS:7154) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Maharaja Lela, Wisma Caely, Lot 2661, 3rd Mile, Teluk Intan, PRK, MYS, 36000

Website

https://www.classitaholdings.com

Classita Holdings Bhd is an investment holding company based in Malaysia. It is engaged in the manufacturing of undergarments, garments, leather goods, sportswear, and household products. The segments of the company include Manufacturing, Property development and construction, Direct selling and Retail, and others. It manufactures and sells products in Europe, Canada, the United States of America, and other countries. The majority of the revenue is from the manufacturing segment of the company. Geographically, it derives maximum revenue from Germany.

Classita Holdings Bhd (XKLS:7154) Headlines

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