Jasa Kita Bhd (XKLS:8648) Cash-to-Debt : 57.61 (As of Dec. 2023)

View and export this data going back to 1993. Start your Free Trial

What is Jasa Kita 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. Jasa Kita Bhd's cash to debt ratio for the quarter that ended in Dec. 2023 was 57.61.

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

XKLS:8648' s Cash-to-Debt Range Over the Past 10 Years
Min: 45.98 Med: No Debt Max: No Debt
Current: 57.61

During the past 13 years, Jasa Kita Bhd's highest Cash to Debt Ratio was No Debt. The lowest was 45.98. And the median was No Debt.

XKLS:8648's Cash-to-Debt is ranked better than
87.59% of 3005 companies
in the Industrial Products industry
Industry Median: 1.23 vs XKLS:8648: 57.61

Jasa Kita Bhd Cash-to-Debt Historical Data

The historical data trend for Jasa Kita 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.

* Premium members only.

Jasa Kita Bhd Cash-to-Debt Chart

Jasa Kita Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

90.37

1,472.18

90.48

788.11

Jasa Kita 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															271.61	788.11	89.34	45.98	57.61

Competitive Comparison of Jasa Kita Bhd's Cash-to-Debt

For the Tools & Accessories subindustry, Jasa Kita 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.

Jasa Kita Bhd's Cash-to-Debt Distribution in the Industrial Products Industry

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

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

Jasa Kita 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.

Jasa Kita 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)
	=	29.948	/	(0.038	+	0)
	=	788.11

Jasa Kita 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)
	=	28.979	/	(0.503	+	0)
	=	57.61

Jasa Kita Bhd (XKLS:8648) 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.

Jasa Kita Bhd Cash-to-Debt Related Terms

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

Jasa Kita Bhd (XKLS:8648) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jasa Kita Bhd (XKLS:8648) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, 3rd Floor, Jalan Segambut, Kuala Lumpur, MYS, 51200

Website

https://www.jasakita.com.my

Jasa Kita Bhd is a management and investment holding company. The company's operating segment includes Distribution and trading; Logistics related services; Investment holding and others. The company generates maximum revenue from the Distribution and trading segment which includes trading of electric motors, power tools, engineering and other industrial equipment, automobile batteries, and related automotive industrial products. Geographically, it operates only in Malaysia. Some of its products include Digital Angle Measurer; Pc End Cap Oil Filter Wrench Set; Cordless Tapper; Angle Grinder Quick and others.

Jasa Kita Bhd (XKLS:8648) Headlines

No Headlines