Binasat Communications Bhd (XKLS:0195) Cash-to-Debt : 1.21 (As of Sep. 2023)

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What is Binasat Communications 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. Binasat Communications Bhd's cash to debt ratio for the quarter that ended in Sep. 2023 was 1.21.

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, Binasat Communications Bhd could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

XKLS:0195' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.83 Med: 1.86 Max: 6.25
Current: 1.21

During the past 9 years, Binasat Communications Bhd's highest Cash to Debt Ratio was 6.25. The lowest was 0.83. And the median was 1.86.

XKLS:0195's Cash-to-Debt is ranked better than
69.01% of 384 companies
in the Telecommunication Services industry
Industry Median: 0.35 vs XKLS:0195: 1.21

Binasat Communications Bhd Cash-to-Debt Historical Data

The historical data trend for Binasat Communications 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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Binasat Communications Bhd Cash-to-Debt Chart

Binasat Communications Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Cash-to-Debt

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5.75

5.40

1.97

1.72

2.06

Binasat Communications Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															1.90	1.55	1.44	1.57	1.21

Competitive Comparison of Binasat Communications Bhd's Cash-to-Debt

For the Telecom Services subindustry, Binasat Communications 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.

Binasat Communications Bhd's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Binasat Communications Bhd's Cash-to-Debt distribution charts can be found below:

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

Binasat Communications 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.

Binasat Communications Bhd's Cash to Debt Ratio for the fiscal year that ended in Jun. 2022 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)
	=	42.53	/	(1.976	+	18.721)
	=	2.05

Binasat Communications Bhd's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	34.822	/	(9.566	+	19.135)
	=	1.21

Binasat Communications Bhd (XKLS:0195) 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.

Binasat Communications Bhd Cash-to-Debt Related Terms

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Binasat Communications Bhd (XKLS:0195) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Binasat Communications Bhd (XKLS:0195) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Teknologi 4, Menara Binasat, Lot PT 13824, Technology Park, Bukit Jalil, Kuala Lumpur, SGR, MYS, 57000

Website

https://www.binacom.com.my

Binasat Communications Bhd is engaged in investment holding. The company provides support services for VSAT Network Engineering Services, Mobile Network Engineering Services, Fiber Network Engineering Services, Satellite Hub/Teleport and Digital Satellite News Gathering (DSNG) Services. It has segments are Satellite, mobile and fibre optic telecommunications networks, Power and telecommunication infrastructure works and Investment holding. The company operates in Malaysia.

Binasat Communications Bhd (XKLS:0195) Headlines

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