Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Cash-to-Debt : 1.49 (As of Dec. 2023)

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What is Malaysia Marine and Heavy Engineering 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. Malaysia Marine and Heavy Engineering Holdings Bhd's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.49.

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, Malaysia Marine and Heavy Engineering 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 Malaysia Marine and Heavy Engineering Holdings Bhd's Cash-to-Debt or its related term are showing as below:

XKLS:5186' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.49 Med: 3.04 Max: No Debt
Current: 1.49

During the past 13 years, Malaysia Marine and Heavy Engineering Holdings Bhd's highest Cash to Debt Ratio was No Debt. The lowest was 1.49. And the median was 3.04.

XKLS:5186's Cash-to-Debt is ranked better than
65.62% of 1018 companies
in the Oil & Gas industry
Industry Median: 0.49 vs XKLS:5186: 1.49

Malaysia Marine and Heavy Engineering Holdings Bhd Cash-to-Debt Historical Data

The historical data trend for Malaysia Marine and Heavy Engineering 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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Malaysia Marine and Heavy Engineering Holdings Bhd Cash-to-Debt Chart

Malaysia Marine and Heavy Engineering Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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3.56

2.53

1.92

2.34

1.49

Malaysia Marine and Heavy Engineering 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															2.34	1.89	1.26	0.90	1.49

Competitive Comparison of Malaysia Marine and Heavy Engineering Holdings Bhd's Cash-to-Debt

For the Oil & Gas Equipment & Services subindustry, Malaysia Marine and Heavy Engineering 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.

Malaysia Marine and Heavy Engineering Holdings Bhd's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Malaysia Marine and Heavy Engineering Holdings Bhd's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Malaysia Marine and Heavy Engineering Holdings Bhd's Cash-to-Debt falls into.

Malaysia Marine and Heavy Engineering 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.

Malaysia Marine and Heavy Engineering 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)
	=	557.571	/	(106.451	+	268.484)
	=	1.49

Malaysia Marine and Heavy Engineering 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)
	=	557.571	/	(106.451	+	268.484)
	=	1.49

Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) 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.

Malaysia Marine and Heavy Engineering Holdings Bhd Cash-to-Debt Related Terms

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

Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Sultan Hishamuddin, Level 31, Menara Dayabumi, Kuala Lumpur, MYS, 50050

Website

https://www.mhb.com.my

Malaysia Marine and Heavy Engineering Holdings Bhd is a marine and heavy engineering solutions provider for a range of offshore and onshore facilities and vessels. The company operates through three segments. Its Heavy engineering Business segment is engaged in the provision of service for oil and gas engineering, construction and conversion works. The Marine segment offers repair services and dry docking of liquefied natural gas carriers. Its Other segment comprises of supporting divisions to the group operations and sludge disposal management. The company generates maximum revenue from the Heavy engineering Business segment.

Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Headlines

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