New Wave Holdings (SGX:5FX) Cash-to-Debt : 0.22 (As of Sep. 2023)

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What is New Wave Holdings 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. New Wave Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.22.

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, New Wave Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

SGX:5FX' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.2 Med: 0.54 Max: No Debt
Current: 0.22

During the past 13 years, New Wave Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.20. And the median was 0.54.

SGX:5FX's Cash-to-Debt is ranked worse than
83.24% of 2637 companies
in the Metals & Mining industry
Industry Median: 18.42 vs SGX:5FX: 0.22

New Wave Holdings Cash-to-Debt Historical Data

The historical data trend for New Wave Holdings'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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New Wave Holdings Cash-to-Debt Chart

New Wave Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.49

0.32

0.56

0.25

0.20

New Wave Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.52	0.25	0.21	0.20	0.22

Competitive Comparison of New Wave Holdings's Cash-to-Debt

For the Aluminum subindustry, New Wave Holdings'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.

New Wave Holdings's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, New Wave Holdings's Cash-to-Debt distribution charts can be found below:

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

New Wave Holdings 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.

New Wave Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	1.628	/	(5.976	+	2.14)
	=	0.20

New Wave Holdings's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	1.35	/	(4.282	+	1.755)
	=	0.22

New Wave Holdings (SGX:5FX) 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.

New Wave Holdings Cash-to-Debt Related Terms

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

New Wave Holdings (SGX:5FX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Wave Holdings Ltd (SGX:5FX) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

101 Kitchener Road No. 02-17, Jalan Besar Plaza, Singapore, SGP, 208511

Website

http://www.newwave.com.sg

New Wave Holdings Ltd is an investment holding company. The company's operating segment includes Components distribution and Aluminium products distribution. It generates maximum revenue from the Aluminium products distribution segment. Geographically, the company has a presence in Malaysia, Singapore, the People's Republic of China, and others.

New Wave Holdings (SGX:5FX) Headlines

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