Mikro MSC Bhd (XKLS:0112) Cash-to-Debt : 2.45 (As of Dec. 2023)

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What is Mikro MSC 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. Mikro MSC Bhd's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.45.

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, Mikro MSC Bhd 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 Mikro MSC Bhd's Cash-to-Debt or its related term are showing as below:

XKLS:0112' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.23 Med: 2.21 Max: 18.51
Current: 2.45

During the past 13 years, Mikro MSC Bhd's highest Cash to Debt Ratio was 18.51. The lowest was 1.23. And the median was 2.21.

XKLS:0112's Cash-to-Debt is ranked better than
62.97% of 3003 companies
in the Industrial Products industry
Industry Median: 1.19 vs XKLS:0112: 2.45

Mikro MSC Bhd Cash-to-Debt Historical Data

The historical data trend for Mikro MSC 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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Mikro MSC Bhd Cash-to-Debt Chart

Mikro MSC Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

1.31

1.94

2.12

2.38

2.76

Mikro MSC 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															2.58	2.25	2.76	2.23	2.45

Competitive Comparison of Mikro MSC Bhd's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Mikro MSC 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.

Mikro MSC Bhd's Cash-to-Debt Distribution in the Industrial Products Industry

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

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

Mikro MSC 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.

Mikro MSC Bhd'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)
	=	25.23	/	(1.005	+	8.126)
	=	2.76

Mikro MSC Bhd'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)
	=	21.06	/	(0.806	+	7.802)
	=	2.45

Mikro MSC Bhd (XKLS:0112) 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.

Mikro MSC Bhd Cash-to-Debt Related Terms

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

Mikro MSC Bhd (XKLS:0112) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mikro MSC Bhd (XKLS:0112) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Jalan Anggerik Mokara, 31/48 Seksyen 31, Kota Kemuning, Shah Alam, SGR, MYS, 40460

Website

http://www.itmikro.com

Mikro MSC Bhd is engaged in the research, development, and design of analogue, digital and computer-controlled electronic systems or devices for use in electrical, electronic and other industries and provision of technical and maintenance services. The company offers products and services, including combined overcurrent and earth fault relays; overcurrent relays; earth fault relays; earth leakage relays; earth leakage system; metering solutions; voltage relays; reverse power relay; power factor regulator; annunciator; motor protection relay, and capacitor and reactor. Geographically, it derives a majority of revenue from Malaysia.

Mikro MSC Bhd (XKLS:0112) Headlines

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