Kerjaya Prospek Group Bhd (XKLS:7161) Cash-to-Debt : 7.81 (As of Mar. 2024)

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What is Kerjaya Prospek Group 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. Kerjaya Prospek Group Bhd's cash to debt ratio for the quarter that ended in Mar. 2024 was 7.81.

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, Kerjaya Prospek Group Bhd could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

XKLS:7161' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.05 Med: 7.48 Max: No Debt
Current: 7.81

During the past 13 years, Kerjaya Prospek Group Bhd's highest Cash to Debt Ratio was No Debt. The lowest was 1.05. And the median was 7.48.

XKLS:7161's Cash-to-Debt is ranked better than
84.33% of 1678 companies
in the Construction industry
Industry Median: 0.63 vs XKLS:7161: 7.81

Kerjaya Prospek Group Bhd Cash-to-Debt Historical Data

The historical data trend for Kerjaya Prospek Group 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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Kerjaya Prospek Group Bhd Cash-to-Debt Chart

Kerjaya Prospek Group Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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9.33

3.07

6.02

21.36

6.39

Kerjaya Prospek Group 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															7.15	16.70	15.85	6.39	7.81

Competitive Comparison of Kerjaya Prospek Group Bhd's Cash-to-Debt

For the Engineering & Construction subindustry, Kerjaya Prospek Group 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.

Kerjaya Prospek Group Bhd's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kerjaya Prospek Group Bhd's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Kerjaya Prospek Group Bhd's Cash-to-Debt falls into.

Kerjaya Prospek Group 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.

Kerjaya Prospek Group 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)
	=	195.729	/	(29.825	+	0.825)
	=	6.39

Kerjaya Prospek Group 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)
	=	242.178	/	(30.324	+	0.683)
	=	7.81

Kerjaya Prospek Group Bhd (XKLS:7161) 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.

Kerjaya Prospek Group Bhd Cash-to-Debt Related Terms

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Kerjaya Prospek Group Bhd (XKLS:7161) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kerjaya Prospek Group Bhd (XKLS:7161) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Jalan Wangsa Permai, 2nd Floor, Bangunan One Wangsa, Taman Wangsa Permai, Kuala Lumpur, SGR, MYS, 52200

Website

https://www.kerjayagroup.com

Kerjaya Prospek Group Bhd is an investment holding company. The company's operating segment includes Manufacturing, Construction, Properties, Hospitality, and others. It generates maximum revenue from the Construction segment. The Construction segment is engaged in main building construction works, provision of contract workmanship, and other related services. Its Manufacturing segment is involved in manufacturing, assemble, installation and sale of light fitting, furniture and kitchen cabinetry, and related products. The Properties segment includes the development of residential and/or commercial properties. The Hospitality segment includes Hotel activities.

Kerjaya Prospek Group Bhd (XKLS:7161) Headlines

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