Advancer Global (SGX:43Q) Cash-to-Debt : 6.50 (As of Dec. 2023)

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What is Advancer Global 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. Advancer Global's cash to debt ratio for the quarter that ended in Dec. 2023 was 6.50.

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, Advancer Global 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 Advancer Global's Cash-to-Debt or its related term are showing as below:

SGX:43Q' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.82 Med: 6.88 Max: 21.97
Current: 6.5

During the past 11 years, Advancer Global's highest Cash to Debt Ratio was 21.97. The lowest was 3.82. And the median was 6.88.

SGX:43Q's Cash-to-Debt is ranked better than
76.6% of 1064 companies
in the Business Services industry
Industry Median: 0.99 vs SGX:43Q: 6.50

Advancer Global Cash-to-Debt Historical Data

The historical data trend for Advancer Global'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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Advancer Global Cash-to-Debt Chart

Advancer Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

6.73

8.97

10.49

7.50

6.50

Advancer Global Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															10.49	9.16	7.50	7.08	6.50

Competitive Comparison of Advancer Global's Cash-to-Debt

For the Staffing & Employment Services subindustry, Advancer Global'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.

Advancer Global's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Advancer Global's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Advancer Global's Cash-to-Debt falls into.

Advancer Global 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.

Advancer Global's Cash to Debt Ratio for the fiscal year 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)
	=	19.125	/	(1.453	+	1.489)
	=	6.50

Advancer Global'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)
	=	19.125	/	(1.453	+	1.489)
	=	6.50

Advancer Global (SGX:43Q) 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.

Advancer Global Cash-to-Debt Related Terms

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

Advancer Global (SGX:43Q) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Advancer Global Ltd (SGX:43Q) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

135 Jurong Gateway Road, Number 05-317, Singapore, SGP, 600135

Website

https://www.advancer.sg

Advancer Global Ltd is engaged in providing employment services, facilities management services, and security services. The company operates in three business segment that is Employment Services Business, which provide services for the sourcing, employment and training of FDWs to households, Building Management Services, which provides integrated building facility management services including property consultancy, property and facilities management services, property valuation, and Security Services Business, which provide manpower and technology for security solutions and services to, amongst others, commercial, industrial and residential properties. The Building Management Services Segment generates maximum revenue for the company.

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