Ideal Capital Bhd (XKLS:9687) Cash-to-Debt : 0.12 (As of Sep. 2023)

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What is Ideal Capital 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. Ideal Capital Bhd's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.12.

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, Ideal Capital Bhd couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

XKLS:9687' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 5.99 Max: No Debt
Current: 0.12

During the past 13 years, Ideal Capital Bhd's highest Cash to Debt Ratio was No Debt. The lowest was 0.11. And the median was 5.99.

XKLS:9687's Cash-to-Debt is ranked worse than
67.19% of 1795 companies
in the Real Estate industry
Industry Median: 0.26 vs XKLS:9687: 0.12

Ideal Capital Bhd Cash-to-Debt Historical Data

The historical data trend for Ideal Capital 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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Ideal Capital Bhd Cash-to-Debt Chart

Ideal Capital Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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26.27

3.40

0.11

0.57

0.40

Ideal Capital Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.40	0.40	0.38	0.52	0.12

Competitive Comparison of Ideal Capital Bhd's Cash-to-Debt

For the Real Estate - Development subindustry, Ideal Capital 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.

Ideal Capital Bhd's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ideal Capital Bhd's Cash-to-Debt distribution charts can be found below:

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

Ideal Capital 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.

Ideal Capital Bhd's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	41.086	/	(6.789	+	95.309)
	=	0.40

Ideal Capital Bhd's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	56.853	/	(9.62	+	483.85)
	=	0.12

Ideal Capital Bhd (XKLS:9687) 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.

Ideal Capital Bhd Cash-to-Debt Related Terms

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

Ideal Capital Bhd (XKLS:9687) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ideal Capital Bhd (XKLS:9687) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Jalan Mahsuri, No. 71-5, Ideal @ The One, Bayan Lepas, PNG, MYS, 11950

Website

https://www.iubib.com.my

Ideal Capital Bhd is a Malaysia-based investment holding company engaged in the trading of heavy machinery and spare parts, and property development activities. The group has three reportable segments namely, the Trading segment which includes trading of heavy machinery and spare parts, the Property development segment which relates to property development activities, and Project investment and project management engaged in rental income and property management services. The company operates in Malaysia and generates the majority of its revenue from the Property development segment.

Ideal Capital Bhd (XKLS:9687) Headlines

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