KESM Industries Bhd (XKLS:9334) Cash-to-Debt : 2.92 (As of Jan. 2024)

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What is KESM Industries 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. KESM Industries Bhd's cash to debt ratio for the quarter that ended in Jan. 2024 was 2.92.

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, KESM Industries Bhd could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

XKLS:9334' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.34 Med: 2.8 Max: 26.63
Current: 2.92

During the past 13 years, KESM Industries Bhd's highest Cash to Debt Ratio was 26.63. The lowest was 1.34. And the median was 2.80.

XKLS:9334's Cash-to-Debt is ranked better than
58.41% of 993 companies
in the Semiconductors industry
Industry Median: 1.81 vs XKLS:9334: 2.92

KESM Industries Bhd Cash-to-Debt Historical Data

The historical data trend for KESM Industries 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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KESM Industries Bhd Cash-to-Debt Chart

KESM Industries Bhd Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Cash-to-Debt

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3.37

8.64

15.73

6.94

2.50

KESM Industries Bhd Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															4.28	4.67	2.50	2.60	2.92

Competitive Comparison of KESM Industries Bhd's Cash-to-Debt

For the Semiconductors subindustry, KESM Industries 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.

KESM Industries Bhd's Cash-to-Debt Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, KESM Industries Bhd's Cash-to-Debt distribution charts can be found below:

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

KESM Industries 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.

KESM Industries Bhd's Cash to Debt Ratio for the fiscal year that ended in Jul. 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)
	=	234.695	/	(37.261	+	56.45)
	=	2.50

KESM Industries Bhd's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	234.329	/	(35.865	+	44.497)
	=	2.92

KESM Industries Bhd (XKLS:9334) 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.

KESM Industries Bhd Cash-to-Debt Related Terms

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KESM Industries Bhd (XKLS:9334) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » KESM Industries Bhd (XKLS:9334) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

17 Jalan SS7/26, 802, 8th Floor, Block C, Kelana Square, Petaling Jaya, SGR, MYS, 47301

Website

https://www.kesmi.com

KESM Industries Bhd is a Malaysia-based company. It operates its business through segments that are Burn-in, Testing, and Electronic Manufacturing Services. The company's products are used by the semiconductor industry. Geographically, the company's products are sold in Malaysia, the People's Republic of China, and Other regions. The Malaysia region generates maximum revenue for the company.

KESM Industries Bhd (XKLS:9334) Headlines

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