Far East Holdings Bhd (XKLS:5029) Cash-to-Debt : 1.75 (As of Dec. 2023)

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What is Far East 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. Far East Holdings Bhd's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.75.

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, Far East Holdings 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 Far East Holdings Bhd's Cash-to-Debt or its related term are showing as below:

XKLS:5029' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.49 Med: 1470.34 Max: No Debt
Current: 1.75

During the past 13 years, Far East Holdings Bhd's highest Cash to Debt Ratio was No Debt. The lowest was 0.49. And the median was 1470.34.

XKLS:5029's Cash-to-Debt is ranked better than
69.6% of 1852 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs XKLS:5029: 1.75

Far East Holdings Bhd Cash-to-Debt Historical Data

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

Far East Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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2.72

0.49

1.01

1.84

1.75

Far East Holdings 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															1.84	1.45	1.57	1.28	1.75

Competitive Comparison of Far East Holdings Bhd's Cash-to-Debt

For the Farm Products subindustry, Far East 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.

Far East Holdings Bhd's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

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

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

Far East 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.

Far East Holdings 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)
	=	205.498	/	(15.305	+	102.208)
	=	1.75

Far East Holdings 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)
	=	205.498	/	(15.305	+	102.208)
	=	1.75

Far East Holdings Bhd (XKLS:5029) 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.

Far East Holdings Bhd Cash-to-Debt Related Terms

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

Far East Holdings Bhd (XKLS:5029) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Far East Holdings Bhd (XKLS:5029) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Putra Square 6, Level 23, Menara Zenith, Kuantan, PHG, MYS, 25200

Website

https://www.fehb.com.my

Far East Holdings Bhd is an investment holding company engaged in the principal activities of cultivation of oil palms, and production and sales of fresh fruit bunches, crude palm oil, and palm kernel. Through its subsidiaries, the company operates in oil palm plantations and palm oil mill activities. The company's activities are carried out in Malaysia, and it generates the majority of the revenue from sales of crude palm oil and palm kernel.

Far East Holdings Bhd (XKLS:5029) Headlines

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