Esterad Investment Co BSC (BAH:ESTERAD) Cash-to-Debt : 0.30 (As of Mar. 2024)

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What is Esterad Investment Co BSC 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. Esterad Investment Co BSC's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.30.

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, Esterad Investment Co BSC couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Esterad Investment Co BSC's Cash-to-Debt or its related term are showing as below:

BAH:ESTERAD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.28 Med: 1.12 Max: 4.67
Current: 0.3

During the past 13 years, Esterad Investment Co BSC's highest Cash to Debt Ratio was 4.67. The lowest was 0.28. And the median was 1.12.

BAH:ESTERAD's Cash-to-Debt is ranked worse than
71.89% of 1448 companies
in the Asset Management industry
Industry Median: 5.72 vs BAH:ESTERAD: 0.30

Esterad Investment Co BSC Cash-to-Debt Historical Data

The historical data trend for Esterad Investment Co BSC'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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Esterad Investment Co BSC Cash-to-Debt Chart

Esterad Investment Co BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.91

4.67

2.58

2.00

1.72

Esterad Investment Co BSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															1.88	1.91	1.54	1.72	0.30

Competitive Comparison of Esterad Investment Co BSC's Cash-to-Debt

For the Asset Management subindustry, Esterad Investment Co BSC'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.

Esterad Investment Co BSC's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Esterad Investment Co BSC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Esterad Investment Co BSC's Cash-to-Debt falls into.

Esterad Investment Co BSC 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.

Esterad Investment Co BSC'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)
	=	20.127	/	(5.253	+	6.464)
	=	1.72

Esterad Investment Co BSC's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	19.348	/	(5.253	+	59.947)
	=	0.30

Esterad Investment Co BSC (BAH:ESTERAD) 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.

Esterad Investment Co BSC Cash-to-Debt Related Terms

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

Esterad Investment Co BSC (BAH:ESTERAD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Esterad Investment Co BSC (BAH:ESTERAD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

GBCORP Tower, 3rd Floor, P.O. Box 1080, Manama, BHR

Website

https://www.esterad.net

Esterad Investment Co BSC is a Bahrain company operating in the financial sector. The principal activity of the company is to invest in public and private equities, fixed income, real estate, and other asset classes in both local and international markets. It owns four key portfolio investment models including a strategic equity portfolio, fixed income portfolio, properties & income-producing assets, and a trading portfolio. The company generates the majority of its revenue from Investment income.

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