Rimbaco Group Global (HKSE:01953) Cash-to-Debt : 73.08 (As of Oct. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Rimbaco Group Global 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. Rimbaco Group Global's cash to debt ratio for the quarter that ended in Oct. 2023 was 73.08.

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, Rimbaco Group Global could pay off its debt using the cash in hand for the quarter that ended in Oct. 2023.

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

HKSE:01953' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.76 Med: 27.43 Max: 9621.65
Current: 73.08

During the past 7 years, Rimbaco Group Global's highest Cash to Debt Ratio was 9621.65. The lowest was 0.76. And the median was 27.43.

HKSE:01953's Cash-to-Debt is ranked better than
92.64% of 1671 companies
in the Construction industry
Industry Median: 0.62 vs HKSE:01953: 73.08

Rimbaco Group Global Cash-to-Debt Historical Data

The historical data trend for Rimbaco Group Global'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.

* Premium members only.

Rimbaco Group Global Cash-to-Debt Chart

Rimbaco Group Global Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash-to-Debt

Get a 7-Day Free Trial

1.94

10.48

52.25

9,621.65

73.08

Rimbaco Group Global Semi-Annual Data
	Oct17	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Cash-to-Debt	Get a 7-Day Free Trial							52.25	1,308.97	9,621.65	8,302.50	73.08

Competitive Comparison of Rimbaco Group Global's Cash-to-Debt

For the Engineering & Construction subindustry, Rimbaco Group Global'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.

Rimbaco Group Global's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Rimbaco Group Global's Cash-to-Debt distribution charts can be found below:

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

Rimbaco Group Global 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.

Rimbaco Group Global's Cash to Debt Ratio for the fiscal year that ended in Oct. 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)
	=	94.717	/	(0.447	+	0.849)
	=	73.08

Rimbaco Group Global's Cash to Debt Ratio for the quarter that ended in Oct. 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)
	=	94.717	/	(0.447	+	0.849)
	=	73.08

Rimbaco Group Global (HKSE:01953) 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.

Rimbaco Group Global Cash-to-Debt Related Terms

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

Rimbaco Group Global (HKSE:01953) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Rimbaco Group Global Ltd (HKSE:01953) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Silver Square, Perak Road, 309-E, 1st floor, George Town, MYS, 10150

Website

https://www.rimbaco.com.my

Rimbaco Group Global Ltd is a Malaysia-based building construction contractor focusing on the provision of building construction services for factories, including low-rise processing facilities and manufacturing plants; and institutional, commercial, and/or residential buildings such as private hospitals, hotels, shopping malls, high-rise residential buildings, and commercial/residential complex. The company also undertakes small-scale ancillary construction works, including but not limited to renovation works, repair works, and electrical works.

Executives

Lai Swee Yin
Low Seah Sun	2201 Interest of corporation controlled by you
Rbc Venture Limited

Rimbaco Group Global (HKSE:01953) Headlines

No Headlines