Far East Group (SGX:5TJ) Cash-to-Debt : 0.16 (As of Dec. 2023)

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What is Far East Group 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. Far East Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.16.

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, Far East Group 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 Far East Group's Cash-to-Debt or its related term are showing as below:

SGX:5TJ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.36 Max: 0.85
Current: 0.16

During the past 13 years, Far East Group's highest Cash to Debt Ratio was 0.85. The lowest was 0.13. And the median was 0.36.

SGX:5TJ's Cash-to-Debt is ranked worse than
87.47% of 2993 companies
in the Industrial Products industry
Industry Median: 1.22 vs SGX:5TJ: 0.16

Far East Group Cash-to-Debt Historical Data

The historical data trend for Far East Group'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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Far East Group Cash-to-Debt Chart

Far East Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.37

0.35

0.23

0.18

0.16

Far East Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.23	0.14	0.18	0.13	0.16

Competitive Comparison of Far East Group's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Far East Group'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.

Far East Group's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Far East Group's Cash-to-Debt distribution charts can be found below:

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

Far East Group 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.

Far East Group'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)
	=	7.389	/	(20.077	+	26.74)
	=	0.16

Far East Group'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)
	=	7.389	/	(20.077	+	26.74)
	=	0.16

Far East Group (SGX:5TJ) 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.

Far East Group Cash-to-Debt Related Terms

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

Far East Group (SGX:5TJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Far East Group Ltd (SGX:5TJ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 Ubi Avenue 3, Singapore, SGP, 408858

Website

https://fareastgroup.com.sg

Far East Group Ltd is a Singapore-based company that operates in three segments: Engineering Solutions; Wholesale and Distribution, which accounts for the majority of revenue; Manufacturing segment. The principal activities of the Company are manufacturing and trading of refrigeration parts, servicing of cold rooms, construction and installation of commercial and industrial cold rooms, and all other incidental business of refrigeration. The company's products include air-conditioning materials, which mainly comprise copper pipes, copper tubes, and refrigerants, Its geographical segments are Singapore, Malaysia, Hong Kong/Macau/China, Indo-China, Indonesia, and Others.

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