Atlan Holdings Bhd (XKLS:7048) Cash-to-Debt : 1.15 (As of Nov. 2023)

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What is Atlan 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. Atlan Holdings Bhd's cash to debt ratio for the quarter that ended in Nov. 2023 was 1.15.

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, Atlan Holdings Bhd could pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

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

XKLS:7048' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.31 Med: 1.89 Max: 5.89
Current: 1.15

During the past 13 years, Atlan Holdings Bhd's highest Cash to Debt Ratio was 5.89. The lowest was 0.31. And the median was 1.89.

XKLS:7048's Cash-to-Debt is ranked better than
69.28% of 306 companies
in the Retail - Defensive industry
Industry Median: 0.455 vs XKLS:7048: 1.15

Atlan Holdings Bhd Cash-to-Debt Historical Data

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

Atlan Holdings Bhd Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Cash-to-Debt

Get a 7-Day Free Trial

5.35

2.05

1.93

1.41

1.37

Atlan Holdings Bhd Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Cash-to-Debt	Get a 7-Day Free Trial															1.57	1.37	1.16	1.16	1.15

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

For the Discount Stores subindustry, Atlan 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.

Atlan Holdings Bhd's Cash-to-Debt Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Atlan Holdings Bhd's Cash-to-Debt distribution charts can be found below:

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

Atlan 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.

Atlan Holdings Bhd's Cash to Debt Ratio for the fiscal year that ended in Feb. 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)
	=	194.068	/	(24.166	+	117.523)
	=	1.37

Atlan Holdings Bhd's Cash to Debt Ratio for the quarter that ended in Nov. 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)
	=	218.807	/	(30.504	+	159.51)
	=	1.15

Atlan Holdings Bhd (XKLS:7048) 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.

Atlan Holdings Bhd Cash-to-Debt Related Terms

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Atlan Holdings Bhd (XKLS:7048) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Atlan Holdings Bhd (XKLS:7048) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

161B, Jalan Ampang, 17th Floor, Menara Atlan, Kaula Lumpur, SGR, MYS, 50450

Website

https://www.atlan.com.my

Atlan Holdings Bhd is an investment holding company. The company's operating segment includes Investment holding; Property and hospitality; Trading of duty-free goods, dutiable and non-dutiable merchandise, Automotive, and others. It generates maximum revenue from the Trading of duty-free goods, dutiable and non-dutiable merchandise segments. In the trading of duty-free and non-dutiable merchandise segment, the group's activity is retailing duty-free and non-dutiable merchandise under the brand name Zon, which is a multi-channel duty-free and duty-paid retailing brand. The group manufactures and supplies automotive component parts such as metal fuel tanks, tubing, screw jack, and other related components in the auto-components manufacturing segment.

Atlan Holdings Bhd (XKLS:7048) Headlines

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