HeveaBoard Bhd (XKLS:5095) Cash-to-Debt : 6.37 (As of Mar. 2024)

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What is HeveaBoard 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. HeveaBoard Bhd's cash to debt ratio for the quarter that ended in Mar. 2024 was 6.37.

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, HeveaBoard Bhd could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

XKLS:5095' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.39 Med: 6.95 Max: 14.74
Current: 6.37

During the past 13 years, HeveaBoard Bhd's highest Cash to Debt Ratio was 14.74. The lowest was 0.39. And the median was 6.95.

XKLS:5095's Cash-to-Debt is ranked better than
85.96% of 285 companies
in the Forest Products industry
Industry Median: 0.31 vs XKLS:5095: 6.37

HeveaBoard Bhd Cash-to-Debt Historical Data

The historical data trend for HeveaBoard 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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HeveaBoard Bhd Cash-to-Debt Chart

HeveaBoard Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

6.96

9.49

12.01

13.16

6.45

HeveaBoard Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															14.74	9.45	6.93	6.45	6.37

Competitive Comparison of HeveaBoard Bhd's Cash-to-Debt

For the Lumber & Wood Production subindustry, HeveaBoard 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.

HeveaBoard Bhd's Cash-to-Debt Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, HeveaBoard Bhd's Cash-to-Debt distribution charts can be found below:

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

HeveaBoard 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.

HeveaBoard Bhd's Cash to Debt Ratio for the fiscal year 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)
	=	121.3	/	(4.296	+	14.518)
	=	6.45

HeveaBoard 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)
	=	124.282	/	(3.096	+	16.407)
	=	6.37

HeveaBoard Bhd (XKLS:5095) 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.

HeveaBoard Bhd Cash-to-Debt Related Terms

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

HeveaBoard Bhd (XKLS:5095) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » HeveaBoard Bhd (XKLS:5095) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Batu 3 Jalan Tampin, Lot 1942, Gemas, NSN, MYS, 73400

Website

https://www.heveaboard.com.my

HeveaBoard Bhd operates in particleboard business. It is engaged in manufacturing, trading and distributing of wide range of particleboard and particleboard-based products. It operates through Particleboards segment, Ready-to-assemble products segment, Cultivation and trading of gourmet fungi segment and Other segments. The Particleboards Segment is involved in the business of manufacturing and trading of particleboards and other panel boards. The Ready-to-assemble segment is involved in the business of manufacturing and trading of ready-to-assemble furniture. The Others segment is engaged in investment holding. Its products are served for furniture components, dining sets, speaker boxes, door manufacturing and office systems.

HeveaBoard Bhd (XKLS:5095) Headlines

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