Sarawak Oil Palms Bhd (XKLS:5126) Cash-to-Debt : 1.95 (As of Dec. 2023)

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What is Sarawak Oil Palms 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. Sarawak Oil Palms Bhd's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.95.

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, Sarawak Oil Palms 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 Sarawak Oil Palms Bhd's Cash-to-Debt or its related term are showing as below:

XKLS:5126' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.4 Med: 0.64 Max: 1.95
Current: 1.95

During the past 13 years, Sarawak Oil Palms Bhd's highest Cash to Debt Ratio was 1.95. The lowest was 0.40. And the median was 0.64.

XKLS:5126's Cash-to-Debt is ranked better than
71.17% of 1852 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs XKLS:5126: 1.95

Sarawak Oil Palms Bhd Cash-to-Debt Historical Data

The historical data trend for Sarawak Oil Palms 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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Sarawak Oil Palms Bhd Cash-to-Debt Chart

Sarawak Oil Palms Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.67

0.85

1.01

1.81

1.95

Sarawak Oil Palms 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															1.81	1.95	2.00	1.77	1.95

Competitive Comparison of Sarawak Oil Palms Bhd's Cash-to-Debt

For the Farm Products subindustry, Sarawak Oil Palms 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.

Sarawak Oil Palms Bhd's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Sarawak Oil Palms Bhd's Cash-to-Debt falls into.

Sarawak Oil Palms 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.

Sarawak Oil Palms 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)
	=	1649.955	/	(623.381	+	223.791)
	=	1.95

Sarawak Oil Palms 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)
	=	1649.955	/	(623.381	+	223.791)
	=	1.95

Sarawak Oil Palms Bhd (XKLS:5126) 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.

Sarawak Oil Palms Bhd Cash-to-Debt Related Terms

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Sarawak Oil Palms Bhd (XKLS:5126) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sarawak Oil Palms Bhd (XKLS:5126) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 124-126, Jalan Bendahara, P.O. Box 547, Miri, SWK, MYS, 98000

Website

https://www.sop.com.my

Sarawak Oil Palms Bhd is a Malaysia-based company engaged in the principal activities of investment holding, cultivation of oil palms, and operations of palm oil mills. The primary businesses of the company are oil palm plantation, milling, refining of oil palm products, and trading of oil palm products. The operating segments of the group are Oil Palms and Property development. Its Oil Palms segment contributes majorly to the group's revenue. The company's geographical segments include Malaysia, Asia-Pacific, and Others.

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