Leader Steel Holdings Bhd (XKLS:9881) Cash-to-Debt : 0.61 (As of Dec. 2024)

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What is Leader Steel 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. Leader Steel Holdings Bhd's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.61.

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, Leader Steel Holdings Bhd couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

XKLS:9881' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.08 Max: 0.61
Current: 0.61

During the past 13 years, Leader Steel Holdings Bhd's highest Cash to Debt Ratio was 0.61. The lowest was 0.01. And the median was 0.08.

XKLS:9881's Cash-to-Debt is ranked better than
61.5% of 626 companies
in the Steel industry
Industry Median: 0.41 vs XKLS:9881: 0.61

Leader Steel Holdings Bhd Cash-to-Debt Historical Data

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

Leader Steel Holdings Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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0.04

0.10

0.48

0.09

0.61

Leader Steel Holdings Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.09	0.71	0.47	0.43	0.61

Competitive Comparison of Leader Steel Holdings Bhd's Cash-to-Debt

For the Steel subindustry, Leader Steel 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.

Leader Steel Holdings Bhd's Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Leader Steel Holdings Bhd's Cash-to-Debt distribution charts can be found below:

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

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Leader Steel 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.

Leader Steel Holdings Bhd's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	41.308	/	(47.436	+	20.895)
	=	0.60

Leader Steel Holdings Bhd's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	41.308	/	(47.436	+	20.895)
	=	0.60

Leader Steel Holdings Bhd (XKLS:9881) 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.

Leader Steel Holdings Bhd Cash-to-Debt Related Terms

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

Leader Steel Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Leader Steel Holdings Bhd (XKLS:9881) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wisma Leader Steel, Plot 85, Lorong Perusahaan Utama, Kawasan Perusahaan Bukit Tengah, Bukit Tengah, Seberang Prai Tengah, MYS, 14000

Website

https://www.leadersteel.my

Leader Steel Holdings Bhd is an investment holding company. It is engaged in the business segment of Manufacturing, processing, and trading of steel and metal products and minerals. The group's steel and metal products include steel pipes and tubes, hollow sections, and steel flat bar, whereas the minerals include iron ore, manganese, mill scales, and slags. Geographically, the company operates in Malaysia, China, Hong Kong, Macau, the United Kingdom, and other countries, of which key revenue is generated from Malaysia.

Leader Steel Holdings Bhd Headlines

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