Jade Marvel Group Bhd (XKLS:7043) Cash-to-Debt : 3.91 (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Jade Marvel 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. Jade Marvel Group Bhd's cash to debt ratio for the quarter that ended in Dec. 2023 was 3.91.

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

XKLS:7043' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.33 Max: 3.91
Current: 3.91

During the past 13 years, Jade Marvel Group Bhd's highest Cash to Debt Ratio was 3.91. The lowest was 0.13. And the median was 0.33.

XKLS:7043's Cash-to-Debt is ranked better than
82.8% of 372 companies
in the Building Materials industry
Industry Median: 0.465 vs XKLS:7043: 3.91

Jade Marvel Group Bhd Cash-to-Debt Historical Data

The historical data trend for Jade Marvel 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.

* Premium members only.

Jade Marvel Group Bhd Cash-to-Debt Chart

Jade Marvel Group Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

0.28

0.36

0.13

1.45

0.58

Jade Marvel Group 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															0.61	0.58	0.48	1.54	3.91

Competitive Comparison of Jade Marvel Group Bhd's Cash-to-Debt

For the Building Materials subindustry, Jade Marvel 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.

Jade Marvel Group Bhd's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Jade Marvel Group Bhd's Cash-to-Debt distribution charts can be found below:

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

Jade Marvel 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.

Jade Marvel Group Bhd's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	2.989	/	(4.317	+	0.843)
	=	0.58

Jade Marvel 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)
	=	17.499	/	(3.634	+	0.843)
	=	3.91

Jade Marvel Group Bhd (XKLS:7043) 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.

Jade Marvel Group Bhd Cash-to-Debt Related Terms

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

Jade Marvel Group Bhd (XKLS:7043) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Jade Marvel Group Bhd (XKLS:7043) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

THE C.E.O, Unit 31-16-3, Lebuh Nipah 5, Bayan Lepas, Penang, MYS, 11950

Website

https://www.jademarvel.com.my

Jade Marvel Group Bhd is an investment holding and management service company. Its operating segments include Investment holdings, Manufacturing, Financing, Constructions, Property development, Healthcare and others. The Property development segment is the key revenue driver for the company. Geographically, it operates only in Malaysia.

Jade Marvel Group Bhd (XKLS:7043) Headlines

No Headlines