Kronologi Asia Bhd (XKLS:0176) Cash-to-Debt : 1.46 (As of Oct. 2023)

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What is Kronologi Asia 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. Kronologi Asia Bhd's cash to debt ratio for the quarter that ended in Oct. 2023 was 1.46.

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, Kronologi Asia Bhd could pay off its debt using the cash in hand for the quarter that ended in Oct. 2023.

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

XKLS:0176' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.42 Med: 1.85 Max: 7.04
Current: 1.46

During the past 9 years, Kronologi Asia Bhd's highest Cash to Debt Ratio was 7.04. The lowest was 0.42. And the median was 1.85.

XKLS:0176's Cash-to-Debt is ranked worse than
58.61% of 2793 companies
in the Software industry
Industry Median: 2.41 vs XKLS:0176: 1.46

Kronologi Asia Bhd Cash-to-Debt Historical Data

The historical data trend for Kronologi Asia 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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Kronologi Asia Bhd Cash-to-Debt Chart

Kronologi Asia Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Jan22

Jan23

Cash-to-Debt

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2.11

1.43

1.83

2.72

2.18

Kronologi Asia Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Cash-to-Debt	Get a 7-Day Free Trial															2.57	2.18	2.37	1.54	1.46

Competitive Comparison of Kronologi Asia Bhd's Cash-to-Debt

For the Software - Application subindustry, Kronologi Asia 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.

Kronologi Asia Bhd's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Kronologi Asia Bhd's Cash-to-Debt distribution charts can be found below:

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

Kronologi Asia 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.

Kronologi Asia Bhd's Cash to Debt Ratio for the fiscal year that ended in Jan. 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)
	=	106.433	/	(35.722	+	13.148)
	=	2.18

Kronologi Asia Bhd's Cash to Debt Ratio for the quarter that ended in Oct. 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)
	=	82.314	/	(21.35	+	35.025)
	=	1.46

Kronologi Asia Bhd (XKLS:0176) 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.

Kronologi Asia Bhd Cash-to-Debt Related Terms

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

Kronologi Asia Bhd (XKLS:0176) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kronologi Asia Bhd (XKLS:0176) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9, Jalan Stesen Sentral 5, Level 28-D, Axiata Tower, Kuala Lumpur Sentral, Kuala Lumpur, SGR, MYS, 50470

Website

https://www.kronologi.asia

Kronologi Asia Bhd is engaged in provision of Enterprise Data Management Infrastructure Technology (EDM IT) and Cloud and Hybrid As-a-Service (AAS). The company's segments include EDM Infrastructure Technology; EDM Managed Services; and Investment holding and others. It derives majority of the revenue from the EDM Infrastructure Technology segment that provides EDM infrastructure technology which comprises both hardware and software. EDM hardware refers to computer component used to record, store and retain digital data while EDM software supports the process of data backup, storage, recovery and restoration. Geographically it operates in Philippines, Singapore, China, Hong Kong and Taiwan, India, Malaysia, and Others.

Kronologi Asia Bhd (XKLS:0176) Headlines

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