Magma Group Bhd (XKLS:7243) Cash-to-Debt : 0.27 (As of Dec. 2023)

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What is Magma 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. Magma Group Bhd's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.27.

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

XKLS:7243' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: No Debt Max: No Debt
Current: 0.27

During the past 10 years, Magma Group Bhd's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was No Debt.

XKLS:7243's Cash-to-Debt is ranked worse than
62.67% of 817 companies
in the Travel & Leisure industry
Industry Median: 0.6 vs XKLS:7243: 0.27

Magma Group Bhd Cash-to-Debt Historical Data

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

Magma Group Bhd Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Dec14

Jun17

Jun18

Jun21

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

0.01

0.27

Magma Group Bhd Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Mar19	Jun19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Sep22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.04	0.04	0.04	0.05	0.27

Competitive Comparison of Magma Group Bhd's Cash-to-Debt

For the Lodging subindustry, Magma 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.

Magma Group Bhd's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Magma Group Bhd's Cash-to-Debt distribution charts can be found below:

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

Magma 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.

Magma Group 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)
	=	20.534	/	(6.639	+	68.496)
	=	0.27

Magma 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)
	=	20.534	/	(6.639	+	68.496)
	=	0.27

Magma Group Bhd (XKLS:7243) 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.

Magma Group Bhd Cash-to-Debt Related Terms

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Magma Group Bhd (XKLS:7243) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Magma Group Bhd (XKLS:7243) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

21st Floor Menara KH Jalan Sultan Ismail, Kuala Lumpur, MYS, 50250

Website

https://www.impiana.com

Magma Group Bhd formerly Impiana Hotels Bhd is a Malaysia-based company. It is an investment holding company, which is engaged in the processing, manufacturing, and selling of drinking water. It also manages and operates hotels and resorts, and property investments. The company operates in two business segments that are Hospitality Business and Others.

Magma Group Bhd (XKLS:7243) Headlines

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