PT Resources Holdings Bhd (XKLS:0260) Cash-to-Debt : 0.55 (As of Jan. 2024)

View and export this data going back to 2022. Start your Free Trial

What is PT Resources 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. PT Resources Holdings Bhd's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.55.

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, PT Resources Holdings Bhd couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

XKLS:0260' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.79 Max: 1.89
Current: 0.55

During the past 5 years, PT Resources Holdings Bhd's highest Cash to Debt Ratio was 1.89. The lowest was 0.06. And the median was 0.79.

XKLS:0260's Cash-to-Debt is ranked better than
51.51% of 1784 companies
in the Consumer Packaged Goods industry
Industry Median: 0.52 vs XKLS:0260: 0.55

PT Resources Holdings Bhd Cash-to-Debt Historical Data

The historical data trend for PT Resources 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.

* Premium members only.

PT Resources Holdings Bhd Cash-to-Debt Chart

PT Resources Holdings Bhd Annual Data

Trend

Apr19

Apr20

Apr21

Apr22

Apr23

Cash-to-Debt

0.06

0.21

0.52

0.90

0.87

PT Resources Holdings Bhd Quarterly Data
	Apr19	Apr20	Apr21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial								1.31	0.87	0.89	0.71	0.55

Competitive Comparison of PT Resources Holdings Bhd's Cash-to-Debt

For the Packaged Foods subindustry, PT Resources 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.

PT Resources Holdings Bhd's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Resources Holdings Bhd's Cash-to-Debt distribution charts can be found below:

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

PT Resources 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.

PT Resources Holdings Bhd's Cash to Debt Ratio for the fiscal year that ended in Apr. 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)
	=	69.829	/	(68.625	+	12.1)
	=	0.87

PT Resources Holdings Bhd's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	53.217	/	(85.389	+	11.447)
	=	0.55

PT Resources Holdings Bhd (XKLS:0260) 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.

PT Resources Holdings Bhd Cash-to-Debt Related Terms

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

PT Resources Holdings Bhd (XKLS:0260) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Resources Holdings Bhd (XKLS:0260) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Pengaturcara U1/51A, Unit K3-5-12, Tower 3, UOA Business Park, Section U1 Kawasan Perindustrian Temasya, Darul Eh, Shah Alam, SGR, MYS, 40150

Website

https://www.ptresourcesgroup.com.my

PT Resources Holdings Bhd is principally involved in the processing and trading of frozen seafood products as well as retail trading of meat and non-meat products. It operates in two segments namely processing and trading of frozen seafood products which generates maximum revenue for the company and another segment is Trading of other products.

PT Resources Holdings Bhd (XKLS:0260) Headlines

No Headlines