DXB Entertainments PJSC (DFM:DXBE) Cash-to-Debt : 1.38 (As of Mar. 2021)

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What is DXB Entertainments 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. DXB Entertainments PJSC's cash to debt ratio for the quarter that ended in Mar. 2021 was 1.38.

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, DXB Entertainments PJSC could pay off its debt using the cash in hand for the quarter that ended in Mar. 2021.

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

DFM:DXBE's Cash-to-Debt is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 0.595
* Ranked among companies with meaningful Cash-to-Debt only.

DXB Entertainments PJSC Cash-to-Debt Historical Data

The historical data trend for DXB Entertainments 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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DXB Entertainments PJSC Cash-to-Debt Chart

DXB Entertainments PJSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

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0.65

0.23

0.29

0.18

0.11

DXB Entertainments PJSC Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Cash-to-Debt	Get a 7-Day Free Trial															N/A	0.15	0.15	0.11	1.38

Competitive Comparison of DXB Entertainments PJSC's Cash-to-Debt

For the Leisure subindustry, DXB Entertainments 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.

DXB Entertainments PJSC's Cash-to-Debt Distribution in the Travel & Leisure Industry

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

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

DXB Entertainments 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.

DXB Entertainments PJSC's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 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)
	=	651.231	/	(239.926	+	5610.806)
	=	0.11

DXB Entertainments PJSC's Cash to Debt Ratio for the quarter that ended in Mar. 2021 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)
	=	632.239	/	(43.041	+	413.659)
	=	1.38

DXB Entertainments PJSC (DFM:DXBE) 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.

DXB Entertainments PJSC Cash-to-Debt Related Terms

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DXB Entertainments PJSC (DFM:DXBE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » DXB Entertainments PJSC (DFM:DXBE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sheikh Zayed Road, P.O. Box 33772, Opposite the Palm Jebel Ali, Exit 5, Saih Shuaib, Dubai, ARE

Website

http://www.dxbentertainments.com

DXB Entertainments PJSC is a leisure and entertainment company in Dubai. It owns the Dubai Parks and Resorts destination which consists of theme parks and water parks at the same location. Its brands include MotionGate Dubai, which is a Hollywood based theme park and the highest revenue source, Legoland Dubai and Waterpark, Bollywood Parks Dubai, Lapita, and Riverland Dubai.

DXB Entertainments PJSC (DFM:DXBE) Headlines

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