Radiant Globaltech Bhd (XKLS:0202) Cash-to-Debt : 17.10 (As of Dec. 2023)

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What is Radiant Globaltech 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. Radiant Globaltech Bhd's cash to debt ratio for the quarter that ended in Dec. 2023 was 17.10.

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, Radiant Globaltech Bhd could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

XKLS:0202' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.16 Med: 17.1 Max: 55.06
Current: 17.1

During the past 9 years, Radiant Globaltech Bhd's highest Cash to Debt Ratio was 55.06. The lowest was 1.16. And the median was 17.10.

XKLS:0202's Cash-to-Debt is ranked better than
82.37% of 2325 companies
in the Hardware industry
Industry Median: 1.32 vs XKLS:0202: 17.10

Radiant Globaltech Bhd Cash-to-Debt Historical Data

The historical data trend for Radiant Globaltech 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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Radiant Globaltech Bhd Cash-to-Debt Chart

Radiant Globaltech Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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17.45

17.51

32.03

55.06

17.10

Radiant Globaltech Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															55.06	51.27	49.27	26.46	17.10

Competitive Comparison of Radiant Globaltech Bhd's Cash-to-Debt

For the Electronics & Computer Distribution subindustry, Radiant Globaltech 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.

Radiant Globaltech Bhd's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Radiant Globaltech Bhd's Cash-to-Debt distribution charts can be found below:

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

Radiant Globaltech 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.

Radiant Globaltech 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)
	=	30.984	/	(0.655	+	1.157)
	=	17.10

Radiant Globaltech Bhd'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)
	=	30.984	/	(0.655	+	1.157)
	=	17.10

Radiant Globaltech Bhd (XKLS:0202) 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.

Radiant Globaltech Bhd Cash-to-Debt Related Terms

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Radiant Globaltech Bhd (XKLS:0202) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Radiant Globaltech Bhd (XKLS:0202) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Jalan Kerinchi, Vertical Business Suite, Bangsar South, Avenue 3, Unit 03-06 and 03-07, Level 3, Tower B, Kuala Lumpur, MYS, 59200

Website

https://www.rgtech.com.my

Radiant Globaltech Bhd is engaged in providing retail technology solutions including retail hardware, retail software, as well as maintenance and technical support services. It also offers a full range of retail technology solutions to its customers. The operating segments of the company are Hardware and Maintenance which is involved in the marketing, sale and installation of hardware for the retail industry and provide on-going maintenance for the hardware and software products and solutions, and Software which is involved in design, development, marketing, sales, and enhancement, customisation and implementation of third party software and in-house software. The group derives prime revenue from Malaysia.

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