Resources Global Development (SGX:V7R) Cash-to-Debt : 10.31 (As of Dec. 2023)

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What is Resources Global Development 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. Resources Global Development's cash to debt ratio for the quarter that ended in Dec. 2023 was 10.31.

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, Resources Global Development 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 Resources Global Development's Cash-to-Debt or its related term are showing as below:

SGX:V7R' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.38 Med: 1.2 Max: 16.37
Current: 10.31

During the past 8 years, Resources Global Development's highest Cash to Debt Ratio was 16.37. The lowest was 0.38. And the median was 1.20.

SGX:V7R's Cash-to-Debt is ranked better than
89.98% of 958 companies
in the Transportation industry
Industry Median: 0.48 vs SGX:V7R: 10.31

Resources Global Development Cash-to-Debt Historical Data

The historical data trend for Resources Global Development'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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Resources Global Development Cash-to-Debt Chart

Resources Global Development Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.97

1.19

5.49

1.22

10.31

Resources Global Development Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial									5.49	4.59	1.22	2.42	10.31

Competitive Comparison of Resources Global Development's Cash-to-Debt

For the Marine Shipping subindustry, Resources Global Development'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.

Resources Global Development's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Resources Global Development's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Resources Global Development's Cash-to-Debt falls into.

Resources Global Development 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.

Resources Global Development'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)
	=	27.133	/	(0.287	+	2.346)
	=	10.30

Resources Global Development'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)
	=	27.133	/	(0.287	+	2.346)
	=	10.30

Resources Global Development (SGX:V7R) 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.

Resources Global Development Cash-to-Debt Related Terms

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Resources Global Development (SGX:V7R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Resources Global Development Ltd (SGX:V7R) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

144 Robinson Road, No. 11-02 Robinson Square, Singapore, SGP, 068908

Website

https://www.rgd.sg

Resources Global Development Ltd is engaged in the procurement and sale of coal within Indonesia. The company provides chartering services of tugboats, barges and bulk carriers to its customers to transport coal within the Indonesian territories. Through its subsidiary, it procures a supply of thermal coal from coal mines located in South Kalimantan, Indonesia for domestic sales. It operates Coal Shipping Services through its subsidiary, which covers domestic shipping routes mainly between coal mines located in South Kalimantan to the Java and Sulawesi islands in Indonesia. The company's coal shipping services include chartering services and transshipment services.

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