Aedge Group (SGX:XVG) Cash-to-Debt : 0.22 (As of Dec. 2023)

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What is Aedge Group 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. Aedge Group's cash to debt ratio for the quarter that ended in Dec. 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, Aedge Group couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

SGX:XVG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 1.03 Max: 1.54
Current: 0.22

During the past 6 years, Aedge Group's highest Cash to Debt Ratio was 1.54. The lowest was 0.22. And the median was 1.03.

SGX:XVG's Cash-to-Debt is ranked worse than
75.29% of 1048 companies
in the Business Services industry
Industry Median: 0.99 vs SGX:XVG: 0.22

Aedge Group Cash-to-Debt Historical Data

The historical data trend for Aedge Group'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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Aedge Group Cash-to-Debt Chart

Aedge Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

N/A

0.89

1.54

1.10

0.82

Aedge Group Semi-Annual Data
	Jun18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial						1.52	1.10	0.96	0.82	0.22

Competitive Comparison of Aedge Group's Cash-to-Debt

For the Security & Protection Services subindustry, Aedge Group'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.

Aedge Group's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Aedge Group's Cash-to-Debt distribution charts can be found below:

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

Aedge Group 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.

Aedge Group'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)
	=	3.479	/	(3.173	+	1.055)
	=	0.82

Aedge Group'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)
	=	2.454	/	(3.712	+	7.238)
	=	0.22

Aedge Group (SGX:XVG) 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.

Aedge Group Cash-to-Debt Related Terms

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Aedge Group (SGX:XVG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Aedge Group Ltd (SGX:XVG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4009 Ang Mo Kio Avenue 10, No. 04-33 Techplace 1, Singapore, SGP, 569738

Website

https://www.aedge.com.sg

Aedge Group Ltd is a Singapore-based multi-services provider, focusing on three principal services, namely engineering services, security and manpower services and transport services. The company generates maximum revenue from Security and manpower services which include security services, including security guarding services and security systems integration; cleaning services; and manpower services, including manpower staffing, recruitment and placement services.

Aedge Group (SGX:XVG) Headlines

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