Cabnet Holdings Bhd (XKLS:0191) Cash-to-Debt : 1.53 (As of Nov. 2023)

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What is Cabnet Holdings 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. Cabnet Holdings Bhd's cash to debt ratio for the quarter that ended in Nov. 2023 was 1.53.

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, Cabnet Holdings Bhd could pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

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

XKLS:0191' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 0.99 Max: 5.72
Current: 1.53

During the past 7 years, Cabnet Holdings Bhd's highest Cash to Debt Ratio was 5.72. The lowest was 0.22. And the median was 0.99.

XKLS:0191's Cash-to-Debt is ranked better than
66.13% of 1671 companies
in the Construction industry
Industry Median: 0.62 vs XKLS:0191: 1.53

Cabnet Holdings Bhd Cash-to-Debt Historical Data

The historical data trend for Cabnet Holdings 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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Cabnet Holdings Bhd Cash-to-Debt Chart

Cabnet Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

Get a 7-Day Free Trial

1.57

5.63

4.99

1.09

0.89

Cabnet Holdings Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	May23	Aug23	Nov23
Cash-to-Debt	Get a 7-Day Free Trial															0.54	0.58	0.99	0.95	1.53

Competitive Comparison of Cabnet Holdings Bhd's Cash-to-Debt

For the Engineering & Construction subindustry, Cabnet Holdings 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.

Cabnet Holdings Bhd's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Cabnet Holdings Bhd's Cash-to-Debt distribution charts can be found below:

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

Cabnet Holdings 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.

Cabnet Holdings Bhd's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 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)
	=	8.277	/	(3.662	+	5.634)
	=	0.89

Cabnet Holdings Bhd's Cash to Debt Ratio for the quarter that ended in Nov. 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)
	=	24.99	/	(11.824	+	4.567)
	=	1.52

Cabnet Holdings Bhd (XKLS:0191) 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.

Cabnet Holdings Bhd Cash-to-Debt Related Terms

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

Cabnet Holdings Bhd (XKLS:0191) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Cabnet Holdings Bhd (XKLS:0191) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18 (PLO 184) Jalan Angkasa Mas 6, Kawasan Perindustrian Tebrau II, Johor Bahru, MYS, 81100

Website

https://www.cabnet.asia

Cabnet Holdings Bhd is a company principally involved in the provision of building management solutions. The company is engaged in the provision of mechanical works, electrical works, Structured Cabling works; ELV Systems, and Information Technology Services. Structured Cabling includes Network System Design and Installation; Cable Testing, Labelling, and Certification; Fiber Optics Installation and Termination and Professional Cable Installation and Termination. In ELV Systems, it includes Access Control System; CCTV System; Cabinet Integrated Security Solution; Intercom System; SMATV/MATV, and PA System. The IT Services include Server Virtualization; Data Centre Solutions; Enterprise Messaging solutions and others.

Cabnet Holdings Bhd (XKLS:0191) Headlines

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