Q Holding PJSC (ADX:QHOLDING) Cash-to-Debt : 2.36 (As of Jun. 2023)

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What is Q Holding PJSC 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. Q Holding PJSC's cash to debt ratio for the quarter that ended in Jun. 2023 was 2.36.

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, Q Holding PJSC could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

The historical rank and industry rank for Q Holding PJSC's Cash-to-Debt or its related term are showing as below:

ADX:QHOLDING' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.2 Max: 2.48
Current: 2.27

During the past 8 years, Q Holding PJSC's highest Cash to Debt Ratio was 2.48. The lowest was 0.01. And the median was 0.20.

ADX:QHOLDING's Cash-to-Debt is ranked better than
79.81% of 1793 companies
in the Real Estate industry
Industry Median: 0.25 vs ADX:QHOLDING: 2.27

Q Holding PJSC Cash-to-Debt Historical Data

The historical data trend for Q Holding PJSC'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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Q Holding PJSC Cash-to-Debt Chart

Q Holding PJSC Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.01

0.02

0.71

2.48

2.27

Q Holding PJSC Quarterly Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial											0.65	2.30	2.48	2.36	2.27

Competitive Comparison of Q Holding PJSC's Cash-to-Debt

For the Real Estate Services subindustry, Q Holding PJSC'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.

Q Holding PJSC's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Q Holding PJSC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Q Holding PJSC's Cash-to-Debt falls into.

Q Holding PJSC 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.

Q Holding PJSC'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)
	=	4766.611	/	(250.361	+	1850.057)
	=	2.27

Q Holding PJSC's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	4308.457	/	(250.775	+	1577.257)
	=	2.36

Q Holding PJSC (ADX:QHOLDING) 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.

Q Holding PJSC Cash-to-Debt Related Terms

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Q Holding PJSC (ADX:QHOLDING) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Q Holding PJSC (ADX:QHOLDING) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sheikh Zayed Road, Ministries Complex, Zone 1, Abu Dhabi, ARE

Website

https://www.qholding.com

Q Holding PJSC is an investment holding company. It focused on the development, management, sales, and leasing of real estate projects, launching and managing educational, hospitality, and healthcare projects, and acquiring controlling interests in strategic companies. Its operating segments include Real Estate, Hospitality, Labour accommodation, and Others. It derives the maximum revenue from the Real Estate segment.

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