United Malacca Bhd (XKLS:2593) Cash-to-Debt : 0.85 (As of Jan. 2024)

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What is United Malacca 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. United Malacca Bhd's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.85.

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, United Malacca Bhd couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

XKLS:2593' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.23 Med: 0.67 Max: No Debt
Current: 0.85

During the past 13 years, United Malacca Bhd's highest Cash to Debt Ratio was No Debt. The lowest was 0.23. And the median was 0.67.

XKLS:2593's Cash-to-Debt is ranked better than
59.25% of 1855 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs XKLS:2593: 0.85

United Malacca Bhd Cash-to-Debt Historical Data

The historical data trend for United Malacca 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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United Malacca Bhd Cash-to-Debt Chart

United Malacca Bhd Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash-to-Debt

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0.25

0.37

0.33

1.06

1.09

United Malacca 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															1.06	1.09	0.88	0.73	0.85

Competitive Comparison of United Malacca Bhd's Cash-to-Debt

For the Farm Products subindustry, United Malacca 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.

United Malacca Bhd's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, United Malacca Bhd's Cash-to-Debt distribution charts can be found below:

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

United Malacca 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.

United Malacca Bhd's Cash to Debt Ratio for the fiscal year that ended in Apr. 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)
	=	123.803	/	(111.086	+	2.404)
	=	1.09

United Malacca 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)
	=	93.167	/	(106.683	+	3.44)
	=	0.85

United Malacca Bhd (XKLS:2593) 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.

United Malacca Bhd Cash-to-Debt Related Terms

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

United Malacca Bhd (XKLS:2593) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » United Malacca Bhd (XKLS:2593) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

6th Floor, No. 61, Jalan Melaka Raya 8, Taman Melaka Raya, Melaka, MLA, MYS, 75000

Website

https://www.unitedmalacca.com.my

United Malacca Bhd is a Malaysia based oil palm cultivation company. The company's operating segment includes Plantation which includes cultivation of oil palm and palm oil milling and Investment holding. It generates maximum revenue from the Plantation segment. Geographically, it derives a majority of revenue from Malaysia and also has a presence in Indonesia.

United Malacca Bhd (XKLS:2593) Headlines

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