Aneka Jaringan Holdings Bhd (XKLS:0226) Cash-to-Debt : 0.20 (As of Feb. 2024)

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What is Aneka Jaringan 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. Aneka Jaringan Holdings Bhd's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.20.

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, Aneka Jaringan Holdings Bhd couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

XKLS:0226' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.25 Max: 1.15
Current: 0.2

During the past 7 years, Aneka Jaringan Holdings Bhd's highest Cash to Debt Ratio was 1.15. The lowest was 0.13. And the median was 0.25.

XKLS:0226's Cash-to-Debt is ranked worse than
76.24% of 1675 companies
in the Construction industry
Industry Median: 0.62 vs XKLS:0226: 0.20

Aneka Jaringan Holdings Bhd Cash-to-Debt Historical Data

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

Aneka Jaringan Holdings Bhd Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

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0.19

0.22

0.25

0.13

0.25

Aneka Jaringan Holdings Bhd Quarterly Data
	Aug17	Aug18	May19	Aug19	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															0.15	0.16	0.25	0.19	0.20

Competitive Comparison of Aneka Jaringan Holdings Bhd's Cash-to-Debt

For the Engineering & Construction subindustry, Aneka Jaringan 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.

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

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

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

Aneka Jaringan 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.

Aneka Jaringan Holdings Bhd's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	15.998	/	(52.01	+	11.089)
	=	0.25

Aneka Jaringan Holdings Bhd's Cash to Debt Ratio for the quarter that ended in Feb. 2024 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)
	=	12.806	/	(52.131	+	12.902)
	=	0.20

Aneka Jaringan Holdings Bhd (XKLS:0226) 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.

Aneka Jaringan Holdings Bhd Cash-to-Debt Related Terms

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Aneka Jaringan Holdings Bhd (XKLS:0226) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Aneka Jaringan Holdings Bhd (XKLS:0226) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

K-2-1, Pusat Perdagangan Bandar Bukit Jalil, Persiaran Jalil 2, Kuala Lumpur, SGR, MYS, 57000

Website

http://www.anekajaringan.com

Aneka Jaringan Holdings Bhd is a group of construction companies specializing in basement and foundation construction. It mainly involved foundation and basement construction with operations in Malaysia and Indonesia as well as the rental of construction machinery and equipment in Malaysia. Key revenue is derived from Malaysian operations and sales.

Aneka Jaringan Holdings Bhd (XKLS:0226) Headlines

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