ST Group Food Industries Holdings (SGX:DRX) Cash-to-Debt : 0.29 (As of Dec. 2023)

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What is ST Group Food Industries Holdings 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. ST Group Food Industries Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.29.

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, ST Group Food Industries Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for ST Group Food Industries Holdings's Cash-to-Debt or its related term are showing as below:

SGX:DRX' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.28 Med: 0.35 Max: 1.96
Current: 0.29

During the past 8 years, ST Group Food Industries Holdings's highest Cash to Debt Ratio was 1.96. The lowest was 0.28. And the median was 0.35.

SGX:DRX's Cash-to-Debt is ranked worse than
56.73% of 342 companies
in the Restaurants industry
Industry Median: 0.41 vs SGX:DRX: 0.29

ST Group Food Industries Holdings Cash-to-Debt Historical Data

The historical data trend for ST Group Food Industries Holdings'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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ST Group Food Industries Holdings Cash-to-Debt Chart

ST Group Food Industries Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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0.88

0.28

0.32

0.28

0.29

ST Group Food Industries Holdings Semi-Annual Data
	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial										0.42	0.28	0.34	0.29	0.29

Competitive Comparison of ST Group Food Industries Holdings's Cash-to-Debt

For the Restaurants subindustry, ST Group Food Industries Holdings'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.

ST Group Food Industries Holdings's Cash-to-Debt Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, ST Group Food Industries Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where ST Group Food Industries Holdings's Cash-to-Debt falls into.

ST Group Food Industries Holdings 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.

ST Group Food Industries Holdings's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	6.709	/	(6.576	+	16.749)
	=	0.29

ST Group Food Industries Holdings'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)
	=	6.924	/	(6.623	+	17.483)
	=	0.29

ST Group Food Industries Holdings (SGX:DRX) 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.

ST Group Food Industries Holdings Cash-to-Debt Related Terms

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

ST Group Food Industries Holdings (SGX:DRX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » ST Group Food Industries Holdings Ltd (SGX:DRX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

120-130 Turner Street, Port Melbourne, Melbourne, VIC, AUS, 3207

Website

http://www.stgroup.net.au

ST Group Food Industries Holdings Ltd is an investment holding company. The company's operating segment includes Food and beverage retails; Supply chain; Franchise and Others. It generates maximum revenue from the Food and beverage retails segment. The food and beverage retails segment includes operations to all franchise and Group-owned restaurants and stores. Its supply chain segment predominantly includes the manufacturing, procurement and distribution of food, equipment and supplies to restaurants and stores from the group's supply chain center operations in Australia. Geographically, it derives a majority of revenue from Australia and also has a presence in Malaysia; New Zealand, and the United Kingdom.

ST Group Food Industries Holdings (SGX:DRX) Headlines

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