OTS Holdings (SGX:OTS) Cash-to-Debt : 2.26 (As of Dec. 2023)

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What is OTS 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. OTS Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.26.

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, OTS Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

SGX:OTS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.54 Med: 1.72 Max: 2.35
Current: 2.26

During the past 6 years, OTS Holdings's highest Cash to Debt Ratio was 2.35. The lowest was 0.54. And the median was 1.72.

SGX:OTS's Cash-to-Debt is ranked better than
72.52% of 1852 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs SGX:OTS: 2.26

OTS Holdings Cash-to-Debt Historical Data

The historical data trend for OTS 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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OTS Holdings Cash-to-Debt Chart

OTS Holdings Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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0.78

0.57

2.03

2.07

2.35

OTS Holdings Semi-Annual Data
	Jun18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial						1.87	2.07	1.58	2.35	2.26

Competitive Comparison of OTS Holdings's Cash-to-Debt

For the Packaged Foods subindustry, OTS 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.

OTS Holdings's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, OTS Holdings's Cash-to-Debt distribution charts can be found below:

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

OTS 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.

OTS Holdings's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	8.949	/	(0.546	+	3.268)
	=	2.35

OTS Holdings's Cash to Debt Ratio for the quarter 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)
	=	7.749	/	(0.377	+	3.049)
	=	2.26

OTS Holdings (SGX:OTS) 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.

OTS Holdings Cash-to-Debt Related Terms

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OTS Holdings (SGX:OTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » OTS Holdings Ltd (SGX:OTS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Senoko South Road, Singapore, SGP, 758088

Website

https://www.ots-holdings.com

OTS Holdings Ltd is a brand builder and food manufacturing group in the consumer industry. It provides ready-to-eat and ready-to-cook meat products through its brands such as Anew, Golden Bridge, Kelly's, Golden Lion and others, with key markets in Singapore and Malaysia. The company has four operating segments that are Modern Trade, General Trade and Food Services and Others.

OTS Holdings (SGX:OTS) Headlines

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