Marine & General Bhd (XKLS:5078) Cash-to-Debt : 0.07 (As of Jan. 2024)

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What is Marine & General 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. Marine & General Bhd's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.07.

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, Marine & General Bhd couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

XKLS:5078' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.06 Max: 0.36
Current: 0.07

During the past 13 years, Marine & General Bhd's highest Cash to Debt Ratio was 0.36. The lowest was 0.00. And the median was 0.06.

XKLS:5078's Cash-to-Debt is ranked worse than
84.71% of 1027 companies
in the Oil & Gas industry
Industry Median: 0.48 vs XKLS:5078: 0.07

Marine & General Bhd Cash-to-Debt Historical Data

The historical data trend for Marine & General 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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Marine & General Bhd Cash-to-Debt Chart

Marine & General Bhd Annual Data

Trend

Jul11

Jul12

Jul13

Jul14

Dec16

Dec17

Apr20

Apr21

Apr22

Apr23

Cash-to-Debt

Get a 7-Day Free Trial

0.24

0.08

0.05

Marine & General Bhd Quarterly Data
	Mar19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															0.05	0.05	0.04	0.05	0.07

Competitive Comparison of Marine & General Bhd's Cash-to-Debt

For the Oil & Gas Equipment & Services subindustry, Marine & General 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.

Marine & General Bhd's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Marine & General Bhd's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Marine & General Bhd's Cash-to-Debt falls into.

Marine & General 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.

Marine & General Bhd's Cash to Debt Ratio for the fiscal year that ended in Apr. 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)
	=	31.071	/	(71.38	+	618.861)
	=	0.05

Marine & General Bhd's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	44.671	/	(84.136	+	560.084)
	=	0.07

Marine & General Bhd (XKLS:5078) 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.

Marine & General Bhd Cash-to-Debt Related Terms

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Marine & General Bhd (XKLS:5078) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marine & General Bhd (XKLS:5078) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Jalan Tun Mohd Fuad, Level 23, Plaza VADS, Taman Tun Dr Ismail, Kuala Lumpur, SGR, MYS, 60000

Website

https://www.marine-general.com.my

Marine & General Bhd is an investment holding company. Its operating segments include Marine Logistics - Upstream, which is the key revenue driver; and Marine Logistics - Downstream. Its business activities are the provision of vessel charter services serving the upstream oil and gas industry, the downstream oil and gas sector, and petroleum product tankers. The company generates the majority of its revenue from Malaysia.

Marine & General Bhd (XKLS:5078) Headlines

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