BLD Plantation Bhd (XKLS:5069) Cash-to-Debt : 0.81 (As of Dec. 2023)

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What is BLD Plantation 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. BLD Plantation Bhd's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.81.

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, BLD Plantation Bhd couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

XKLS:5069' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.2 Med: 0.76 Max: 1.22
Current: 0.81

During the past 13 years, BLD Plantation Bhd's highest Cash to Debt Ratio was 1.22. The lowest was 0.20. And the median was 0.76.

XKLS:5069's Cash-to-Debt is ranked better than
58.39% of 1793 companies
in the Consumer Packaged Goods industry
Industry Median: 0.52 vs XKLS:5069: 0.81

BLD Plantation Bhd Cash-to-Debt Historical Data

The historical data trend for BLD Plantation 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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BLD Plantation Bhd Cash-to-Debt Chart

BLD Plantation Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.71

0.40

0.70

0.75

1.22

BLD Plantation Bhd Quarterly Data
	Sep18	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															0.71	1.22	0.85	0.79	0.81

Competitive Comparison of BLD Plantation Bhd's Cash-to-Debt

For the Farm Products subindustry, BLD Plantation 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.

BLD Plantation Bhd's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

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

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

BLD Plantation 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.

BLD Plantation Bhd's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	347.097	/	(216.682	+	68.496)
	=	1.22

BLD Plantation 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)
	=	188.628	/	(189.29	+	44.783)
	=	0.81

BLD Plantation Bhd (XKLS:5069) 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.

BLD Plantation Bhd Cash-to-Debt Related Terms

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

BLD Plantation Bhd (XKLS:5069) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » BLD Plantation Bhd (XKLS:5069) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

88 Jalan Pending, Level 6, Crown Towers, Kuching, SWK, MYS, 93450

Website

https://www.bldpb.com.my

BLD Plantation Bhd is engaged in investment holding, provision of management and security service company. The principal activities of the group are the operations of a palm oil refinery and kernel crushing plant, cultivation of oil palm, processing of fresh fruit bunches, and stone quarry operation. Geographically, it derives majority of its revenue from China and also has a presence in Bangladesh, Countries of Africa, Europe, India, Korea, Malaysia, and Other countries. Its business is divided into Plantation; Milling; Refining and Crushing Division and Others.

BLD Plantation Bhd (XKLS:5069) Headlines

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