National for Tourism Hotels (ADX:NCTH) Cash-to-Debt : 1.00 (As of Dec. 2023)

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What is National for Tourism Hotels 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. National for Tourism Hotels's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.00.

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, National for Tourism Hotels 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 National for Tourism Hotels's Cash-to-Debt or its related term are showing as below:

ADX:NCTH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.44 Med: 1.32 Max: 1.8
Current: 1

During the past 13 years, National for Tourism Hotels's highest Cash to Debt Ratio was 1.80. The lowest was 0.44. And the median was 1.32.

ADX:NCTH's Cash-to-Debt is ranked better than
59.49% of 817 companies
in the Travel & Leisure industry
Industry Median: 0.6 vs ADX:NCTH: 1.00

National for Tourism Hotels Cash-to-Debt Historical Data

The historical data trend for National for Tourism Hotels'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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National for Tourism Hotels Cash-to-Debt Chart

National for Tourism Hotels Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.63

1.60

1.50

1.08

1.00

National for Tourism Hotels Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Cash-to-Debt	Get a 7-Day Free Trial													1.63	1.60	1.50	1.08	1.00

Competitive Comparison of National for Tourism Hotels's Cash-to-Debt

For the Lodging subindustry, National for Tourism Hotels'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.

National for Tourism Hotels's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, National for Tourism Hotels's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where National for Tourism Hotels's Cash-to-Debt falls into.

National for Tourism Hotels 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.

National for Tourism Hotels'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)
	=	384.627	/	(35.741	+	351.004)
	=	0.99

National for Tourism Hotels'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)
	=	384.627	/	(35.741	+	351.004)
	=	0.99

National for Tourism Hotels (ADX:NCTH) 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.

National for Tourism Hotels Cash-to-Debt Related Terms

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

National for Tourism Hotels (ADX:NCTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » National Corp for Tourism Hotels (ADX:NCTH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Airport Road, P.O. Box 6942, Abu Dhabi, ARE

Website

https://www.ncth.com

National Corp for Tourism Hotels owns, manages, and invests in hotels and leisure complexes. The company's operating segment include Hotels, Retail Services, Catering Services, and the Holding segment. Catering segment provides catering services on a contract basis. The Hotels segment provides room and food and beverages services to customers. Retail services segment provides beverages sales services to its customers. It generates maximum revenue from the Catering Services segment. Geographically, it operates only in the United Arab Emirates (UAE). It owns four hotels within the UAE: Abu Dhabi InterContinental Hotel, Danat Al Ain Resort.

National for Tourism Hotels (ADX:NCTH) Headlines

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