Hil Industries Bhd (XKLS:8443) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Hil Industries 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. Hil Industries Bhd's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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, Hil Industries Bhd could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

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

XKLS:8443' s Cash-to-Debt Range Over the Past 10 Years
Min: 83.16 Med: 173.41 Max: No Debt
Current: 8982.75

During the past 13 years, Hil Industries Bhd's highest Cash to Debt Ratio was No Debt. The lowest was 83.16. And the median was 173.41.

XKLS:8443's Cash-to-Debt is ranked better than
95.21% of 2900 companies
in the Industrial Products industry
Industry Median: 1.23 vs XKLS:8443: 8982.75

Hil Industries Bhd Cash-to-Debt Historical Data

The historical data trend for Hil Industries 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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Hil Industries Bhd Cash-to-Debt Chart

Hil Industries Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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207.39

350.16

624.39

1,568.96

No Debt

Hil Industries 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															1,568.96	2,770.67	4,501.20	13,672.83	No Debt

Competitive Comparison of Hil Industries Bhd's Cash-to-Debt

For the Metal Fabrication subindustry, Hil Industries 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.

Hil Industries Bhd's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hil Industries Bhd's Cash-to-Debt distribution charts can be found below:

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

Hil Industries 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.

Hil Industries Bhd's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Hil Industries Bhd had no debt ⁽¹⁾.

Hil Industries Bhd's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Hil Industries Bhd had no debt ⁽¹⁾.

Hil Industries Bhd (XKLS:8443) 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.

Hil Industries Bhd Cash-to-Debt Related Terms

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Hil Industries Bhd (XKLS:8443) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hil Industries Bhd (XKLS:8443) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 3, Jalan Lada Sulah 16/11, Section 16, Shah Alam, SGR, MYS, 40000

Website

https://www.hil.com.my

Hil Industries Bhd is a manufacturer and seller of industrial and domestic moulded plastic products. The company's reportable segment include: Manufacturing; Property development and management; and Trading, services and others. The Manufacturing segment engages in the manufacture and sale of industrial and domestic moulded plastic products. The Property development and management segment is involved in the development of residential, commercial and light industrial properties, and letting out of properties and provision of property management services. Trading, services and others segment includes general trading. The company generates key revenue from the Manufacturing segment. It has a business presence in Malaysia, the PRC and Taiwan.

Hil Industries Bhd (XKLS:8443) Headlines

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Hil Industries Bhd (XKLS:8443) Cash-to-Debt : No Debt (1) (As of Dec. 2023)