Carlo Rino Group Bhd (XKLS:03016) Cash-to-Debt : 1.42 (As of Dec. 2023)

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What is Carlo Rino Group 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. Carlo Rino Group Bhd's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.42.

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, Carlo Rino Group 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 Carlo Rino Group Bhd's Cash-to-Debt or its related term are showing as below:

XKLS:03016' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.73 Med: 1.57 Max: 2
Current: 1.42

During the past 8 years, Carlo Rino Group Bhd's highest Cash to Debt Ratio was 2.00. The lowest was 0.73. And the median was 1.57.

XKLS:03016's Cash-to-Debt is ranked better than
69.69% of 1036 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.475 vs XKLS:03016: 1.42

Carlo Rino Group Bhd Cash-to-Debt Historical Data

The historical data trend for Carlo Rino Group 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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Carlo Rino Group Bhd Cash-to-Debt Chart

Carlo Rino Group Bhd Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

2.00

1.81

1.52

1.69

1.72

Carlo Rino Group Bhd Semi-Annual Data
	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial										1.37	1.69	1.62	1.72	1.42

Competitive Comparison of Carlo Rino Group Bhd's Cash-to-Debt

For the Footwear & Accessories subindustry, Carlo Rino Group 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.

Carlo Rino Group Bhd's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Carlo Rino Group Bhd's Cash-to-Debt distribution charts can be found below:

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

Carlo Rino Group 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.

Carlo Rino Group 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)
	=	63.8	/	(6.555	+	30.527)
	=	1.72

Carlo Rino Group 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)
	=	58.105	/	(7.311	+	33.513)
	=	1.42

Carlo Rino Group Bhd (XKLS:03016) 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.

Carlo Rino Group Bhd Cash-to-Debt Related Terms

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

Carlo Rino Group Bhd (XKLS:03016) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Carlo Rino Group Bhd (XKLS:03016) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 160, Jalan Cerdas, Taman Connaught, L2-05, 2nd Floor, Ikon Connaught, Wilayah Persekutuan, Kuala Lumpur, MYS, 56000

Website

https://www.carlorino.net

Carlo Rino Group Bhd is an investment holding company whose subsidiaries are principally involved in the design, marketing and retailing of women footwear, handbags and accessories; and provision of management services in Malaysia.

Carlo Rino Group Bhd (XKLS:03016) Headlines

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