Yew Lee Pacific Group Bhd (XKLS:0248) Cash-to-Debt : 123.37 (As of Mar. 2024)

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What is Yew Lee Pacific Group 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. Yew Lee Pacific Group Bhd's cash to debt ratio for the quarter that ended in Mar. 2024 was 123.37.

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, Yew Lee Pacific Group Bhd could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(1) 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.

The historical rank and industry rank for Yew Lee Pacific Group Bhd's Cash-to-Debt or its related term are showing as below:

XKLS:0248' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.12 Med: 2.79 Max: No Debt
Current: 883.96

During the past 6 years, Yew Lee Pacific Group Bhd's highest Cash to Debt Ratio was No Debt. The lowest was 2.12. And the median was 2.79.

XKLS:0248's Cash-to-Debt is ranked better than
94.29% of 140 companies
in the Industrial Distribution industry
Industry Median: 0.59 vs XKLS:0248: 883.96

Yew Lee Pacific Group Bhd Cash-to-Debt Historical Data

The historical data trend for Yew Lee Pacific Group 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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Yew Lee Pacific Group Bhd Cash-to-Debt Chart

Yew Lee Pacific Group Bhd Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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2.27

3.31

2.18

18.28

No Debt

Yew Lee Pacific Group Bhd Quarterly Data
	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial								17.22	894.13	918.55	No Debt	123.37

Competitive Comparison of Yew Lee Pacific Group Bhd's Cash-to-Debt

For the Industrial Distribution subindustry, Yew Lee Pacific Group 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.

Yew Lee Pacific Group Bhd's Cash-to-Debt Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Yew Lee Pacific Group Bhd's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Yew Lee Pacific Group Bhd's Cash-to-Debt falls into.

Yew Lee Pacific Group 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.

Yew Lee Pacific Group Bhd's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Yew Lee Pacific Group Bhd had no debt ⁽¹⁾.

Yew Lee Pacific Group Bhd's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	41.699	/	(0.163	+	0.175)
	=	123.37

Yew Lee Pacific Group Bhd (XKLS:0248) 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.

Yew Lee Pacific Group Bhd Cash-to-Debt Related Terms

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Yew Lee Pacific Group Bhd (XKLS:0248) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Yew Lee Pacific Group Bhd (XKLS:0248) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18, Jalan Johan 2/1, Kawasan Perindustrian Pengkalan II, Pusing, PRK, MYS, 31550

Website

https://www.yewlee.com.my

Yew Lee Pacific Group Bhd is engaged in the manufacturing of industrial and household brushes as well as the trading of machinery parts and industrial hardware. The firm operates in three different segments namely the Manufacturing segment Which consists mainly of the manufacturing of industrial brushes; the Trading segment Which consists of trading industrial hardware and machinery parts; and Investment holding operations.

Yew Lee Pacific Group Bhd (XKLS:0248) Headlines

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