Lion Industries Bhd (XKLS:4235) Cash-to-Debt : 0.44 (As of Dec. 2023)

View and export this data going back to 1973. Start your Free Trial

What is Lion Industries 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. Lion Industries Bhd's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.44.

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

XKLS:4235' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.38 Med: 0.92 Max: 2.26
Current: 0.44

During the past 13 years, Lion Industries Bhd's highest Cash to Debt Ratio was 2.26. The lowest was 0.38. And the median was 0.92.

XKLS:4235's Cash-to-Debt is ranked better than
50.42% of 593 companies
in the Steel industry
Industry Median: 0.44 vs XKLS:4235: 0.44

Lion Industries Bhd Cash-to-Debt Historical Data

The historical data trend for Lion Industries 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.

* Premium members only.

Lion Industries Bhd Cash-to-Debt Chart

Lion Industries Bhd Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.44

2.26

1.17

0.92

0.44

Lion Industries Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.92	0.68	0.72	1.02	0.44

Competitive Comparison of Lion Industries Bhd's Cash-to-Debt

For the Steel subindustry, Lion Industries 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.

Lion Industries Bhd's Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Lion Industries Bhd's Cash-to-Debt distribution charts can be found below:

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

Lion Industries 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.

Lion Industries 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)
	=	80.457	/	(147.5	+	36.818)
	=	0.44

Lion Industries 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)
	=	80.457	/	(147.5	+	36.818)
	=	0.44

Lion Industries Bhd (XKLS:4235) 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.

Lion Industries Bhd Cash-to-Debt Related Terms

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

Lion Industries Bhd (XKLS:4235) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Lion Industries Corp Bhd (XKLS:4235) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Jalan Nagasari, Level 14, Lion Office Tower, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50200

Website

https://www.lion.com.my

Lion Industries Corp Bhd is an investment holding company. The company's business segments are steel, building materials, and others. Its steel segment engaged in manufacturing and marketing of steel bars, wire rods, hot briquetted iron, and steel related products. The building materials segment consists of trading and distribution of building materials and other steel products. Other segment involves in investment holding, treasury business, manufacture and trading of lubricants, spark plugs and provision of transportation services, agriculture, distributing and retailing of consumer products. The company generates maximum revenue from the Steel segment. Geographically, it derives a majority of the revenue from Malaysia.

Lion Industries Bhd (XKLS:4235) Headlines

No Headlines