Euro Holdings Bhd (XKLS:7208) Cash-to-Debt : 0.05 (As of Mar. 2024)

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What is Euro 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. Euro Holdings Bhd's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.05.

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, Euro 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 Euro Holdings Bhd's Cash-to-Debt or its related term are showing as below:

XKLS:7208' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.18 Max: 0.86
Current: 0.05

During the past 13 years, Euro Holdings Bhd's highest Cash to Debt Ratio was 0.86. The lowest was 0.03. And the median was 0.18.

XKLS:7208's Cash-to-Debt is ranked worse than
91.39% of 418 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.975 vs XKLS:7208: 0.05

Euro Holdings Bhd Cash-to-Debt Historical Data

The historical data trend for Euro 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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Euro Holdings Bhd Cash-to-Debt Chart

Euro Holdings Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

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0.11

0.06

0.11

0.04

0.06

Euro Holdings Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.29	0.71	0.86	0.13	0.05

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

For the Furnishings, Fixtures & Appliances subindustry, Euro 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.

Euro Holdings Bhd's Cash-to-Debt Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Euro Holdings Bhd's Cash-to-Debt distribution charts can be found below:

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

Euro 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.

Euro Holdings Bhd's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 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)
	=	1.687	/	(21.634	+	9.221)
	=	0.05

Euro 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)
	=	0.744	/	(6.812	+	9.507)
	=	0.05

Euro Holdings Bhd (XKLS:7208) 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.

Euro Holdings Bhd Cash-to-Debt Related Terms

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

Euro Holdings Bhd (XKLS:7208) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Euro Holdings Bhd (XKLS:7208) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 20111, Jalan TTC12, Menara Euro, Kawasan Perindustrian Cheng, Mukim Cheng, Daerah Melaka Tengah, Melaka, MLA, MYS, 48000

Website

http://www.euroholdings.com.my

Euro Holdings Bhd is a Malaysia based company engaged in the manufacturing and trading of office furniture and steel. The business activity of the firm is functioned through Manufacturing and trading, Property development, and Others. The company's activities include Manufacturing and trading of office furniture, Property development of residential properties, and Investment holding operations. It offers products related to office furniture, fabric materials, partitions, steel furniture, chairs, and panels. The group derives key revenue from the Manufacturing and trading segment. The company geographically operates in Malaysia, Hong Kong, India, Middle East, Thailand and others.

Euro Holdings Bhd (XKLS:7208) Headlines

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