TA Global Bhd (XKLS:5158PA.PFD) Cash-to-Debt : 0.58 (As of Sep. 2020)

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What is TA Global 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. TA Global Bhd's cash to debt ratio for the quarter that ended in Sep. 2020 was 0.58.

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, TA Global Bhd couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2020.

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

XKLS:5158PA.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.35 Max: 0.88
Current: 0.58

During the past 12 years, TA Global Bhd's highest Cash to Debt Ratio was 0.88. The lowest was 0.11. And the median was 0.35.

XKLS:5158PA.PFD's Cash-to-Debt is not ranked
in the Travel & Leisure industry.
Industry Median: 0.52 vs XKLS:5158PA.PFD: 0.58

TA Global Bhd Cash-to-Debt Historical Data

The historical data trend for TA Global 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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TA Global Bhd Cash-to-Debt Chart

TA Global Bhd Annual Data

Trend

Jan09

Jan11

Jan12

Jan13

Jan14

Jan15

Dec16

Dec17

Dec18

Dec19

Cash-to-Debt

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0.36

0.51

0.45

0.39

0.27

TA Global Bhd Quarterly Data
	Oct15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Cash-to-Debt	Get a 7-Day Free Trial															0.31	0.27	0.35	0.33	0.58

Competitive Comparison of TA Global Bhd's Cash-to-Debt

For the Lodging subindustry, TA Global 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.

TA Global Bhd's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, TA Global Bhd's Cash-to-Debt distribution charts can be found below:

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

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TA Global 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.

TA Global Bhd's Cash to Debt Ratio for the fiscal year that ended in Dec. 2019 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)
	=	463.277	/	(1153.25	+	541.463)
	=	0.27

TA Global Bhd's Cash to Debt Ratio for the quarter that ended in Sep. 2020 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)
	=	1016.037	/	(1430.008	+	337.968)
	=	0.57

TA Global Bhd (XKLS:5158PA.PFD) 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.

TA Global Bhd Cash-to-Debt Related Terms

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

TA Global Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » TA Global Bhd (XKLS:5158PA.PFD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Jalan P. Ramlee, 34th Floor, Menara TA One, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50250

Website

http://www.taglobal.com.my

TA Global Bhd is an investment holding company. The company's operating segment includes Investment holding; Finance and related services; Property investment; Property development; Hotel operations and Others. It generates maximum revenue from the Hotel operations segment. Hotel operations include the operation of hotels and related services. Geographically, it derives a majority of revenue from Malaysia and also has a presence in Australia; Canada; British Virgin Islands; Singapore; China and Thailand.

TA Global Bhd Headlines

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