Edelteq Holdings Bhd (XKLS:0278) Cash-to-Debt : 23.07 (As of Mar. 2024)

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What is Edelteq Holdings 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. Edelteq Holdings Bhd's cash to debt ratio for the quarter that ended in Mar. 2024 was 23.07.

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, Edelteq Holdings Bhd could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

XKLS:0278' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.05 Med: 4.79 Max: 23.07
Current: 23.07

During the past 5 years, Edelteq Holdings Bhd's highest Cash to Debt Ratio was 23.07. The lowest was 1.05. And the median was 4.79.

XKLS:0278's Cash-to-Debt is ranked better than
78.59% of 934 companies
in the Semiconductors industry
Industry Median: 1.885 vs XKLS:0278: 23.07

Edelteq Holdings Bhd Cash-to-Debt Historical Data

The historical data trend for Edelteq Holdings 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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Edelteq Holdings Bhd Cash-to-Debt Chart

Edelteq Holdings Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

1.05

2.07

1.38

1.81

7.51

Edelteq Holdings Bhd Quarterly Data
	Dec19	Dec20	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial				N/A	10.04	10.65	7.51	23.07

Competitive Comparison of Edelteq Holdings Bhd's Cash-to-Debt

For the Semiconductors subindustry, Edelteq Holdings 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.

Edelteq Holdings Bhd's Cash-to-Debt Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Edelteq Holdings Bhd's Cash-to-Debt distribution charts can be found below:

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

Edelteq Holdings 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.

Edelteq Holdings Bhd'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)
	=	28.9	/	(0.603	+	3.247)
	=	7.51

Edelteq Holdings Bhd's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	23.159	/	(0.62	+	0.384)
	=	23.07

Edelteq Holdings Bhd (XKLS:0278) 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.

Edelteq Holdings Bhd Cash-to-Debt Related Terms

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Edelteq Holdings Bhd (XKLS:0278) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Edelteq Holdings Bhd (XKLS:0278) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lorong Impian Ria 4, No. 20, 1st Floor, Taman Impian Ria, Bukit Mertajam, PNG, MYS, 14000

Website

https://www.edelteq.com

Edelteq Holdings Bhd is an investment holding company and through our Subsidiaries, we are principally involved in the provision of engineering support for IC assembly and test processes in the semiconductor industry. The company is a leading semiconductor manufacturing solutions provider. It offers a wide range of products and services for semiconductor packaging, inspection, and testing processes. It operates in four reportable segments: design and assembly of IC burn-in boards and supply of PCBs; supply and refurbishment of IC assembly and test consumables; design, development, and assembly of ATE and factory automation; and trading of operating supplies, spare parts, and tools for IC assembly and testing.

Edelteq Holdings Bhd (XKLS:0278) Headlines

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