Saif Power (KAR:SPWL) Cash-to-Debt : 0.32 (As of Dec. 2023)

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What is Saif Power 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. Saif Power's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.32.

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, Saif Power 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 Saif Power's Cash-to-Debt or its related term are showing as below:

KAR:SPWL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.44
Current: 0.32

During the past 11 years, Saif Power's highest Cash to Debt Ratio was 0.44. The lowest was 0.00. And the median was 0.02.

KAR:SPWL's Cash-to-Debt is ranked better than
58.64% of 428 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.225 vs KAR:SPWL: 0.32

Saif Power Cash-to-Debt Historical Data

The historical data trend for Saif Power'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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Saif Power Cash-to-Debt Chart

Saif Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.12

0.44

0.32

Saif Power Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															-	0.44	-	-	0.32

Competitive Comparison of Saif Power's Cash-to-Debt

For the Utilities - Independent Power Producers subindustry, Saif Power'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.

Saif Power's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Saif Power's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Saif Power's Cash-to-Debt falls into.

Saif Power 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.

Saif Power'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)
	=	3957.712	/	(12406.648	+	9.436)
	=	0.32

Saif Power'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)
	=	3957.712	/	(12406.648	+	9.436)
	=	0.32

Saif Power (KAR:SPWL) 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.

Saif Power Cash-to-Debt Related Terms

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

Saif Power (KAR:SPWL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Saif Power Ltd (KAR:SPWL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fazal-ul-Haq Road, Block E, 1st Floor, Kashmir Commercial Complex, Blue Area, Islamabad, PAK

Website

https://www.saifpower.com

Saif Power Ltd is an independent power producer based in Pakistan. The principal activities of the company are to own, operate and maintain a combined cycle power plant and sell the electricity to Central Power Purchasing Agency Guarantee (CPPA-G).

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