Westports Holdings Bhd (XKLS:5246) Cash-to-Debt : 0.33 (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Westports 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. Westports Holdings Bhd's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.33.

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

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

XKLS:5246' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.16 Med: 0.38 Max: 0.64
Current: 0.33

During the past 13 years, Westports Holdings Bhd's highest Cash to Debt Ratio was 0.64. The lowest was 0.16. And the median was 0.38.

XKLS:5246's Cash-to-Debt is ranked worse than
59.77% of 967 companies
in the Transportation industry
Industry Median: 0.48 vs XKLS:5246: 0.33

Westports Holdings Bhd Cash-to-Debt Historical Data

The historical data trend for Westports 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.

Westports Holdings Bhd Cash-to-Debt Chart

Westports Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.45

0.54

0.55

0.49

0.58

Westports Holdings Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.35	0.48	0.37	0.58	0.33

Competitive Comparison of Westports Holdings Bhd's Cash-to-Debt

For the Marine Shipping subindustry, Westports 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.

Westports Holdings Bhd's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Westports Holdings Bhd's Cash-to-Debt distribution charts can be found below:

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

Westports 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.

Westports 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)
	=	535.217	/	(151.722	+	766.179)
	=	0.58

Westports Holdings Bhd's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	345.451	/	(274.181	+	774.69)
	=	0.33

Westports Holdings Bhd (XKLS:5246) 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.

Westports Holdings Bhd Cash-to-Debt Related Terms

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

Westports Holdings Bhd (XKLS:5246) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Westports Holdings Bhd (XKLS:5246) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Pulau Indah, P.O. Box 266, Port Klang, SGR, MYS, 42009

Website

https://www.westportsholdings.com

Westports Holdings Bhd is a port and logistics company domiciled in Malaysia. The company primarily develops and operates a port under the Westports brand in Port Klang, Malaysia. Westports provide container services; conventional services, including break bulk, dry bulk, and liquid bulk; and other marine facilities. In addition to core port operations, the company provides bulk storage, refrigerated container storage, and bunkering services to supply fuel to ships. The company derives revenue domestically.

Westports Holdings Bhd (XKLS:5246) Headlines

No Headlines