Al Omaniya Financial ServicesOG (MUS:AOFS) Cash-to-Debt : 0.69 (As of Dec. 2022)

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What is Al Omaniya Financial ServicesOG 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. Al Omaniya Financial ServicesOG's cash to debt ratio for the quarter that ended in Dec. 2022 was 0.69.

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, Al Omaniya Financial ServicesOG couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

The historical rank and industry rank for Al Omaniya Financial ServicesOG's Cash-to-Debt or its related term are showing as below:

MUS:AOFS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.23 Max: 0.77
Current: 0.69

During the past 13 years, Al Omaniya Financial ServicesOG's highest Cash to Debt Ratio was 0.77. The lowest was 0.06. And the median was 0.23.

MUS:AOFS's Cash-to-Debt is ranked better than
63.1% of 504 companies
in the Credit Services industry
Industry Median: 0.23 vs MUS:AOFS: 0.69

Al Omaniya Financial ServicesOG Cash-to-Debt Historical Data

The historical data trend for Al Omaniya Financial ServicesOG'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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Al Omaniya Financial ServicesOG Cash-to-Debt Chart

Al Omaniya Financial ServicesOG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.28

0.54

0.68

0.77

0.69

Al Omaniya Financial ServicesOG Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Cash-to-Debt	Get a 7-Day Free Trial												0.28	0.54	0.68	0.77	0.69

Competitive Comparison of Al Omaniya Financial ServicesOG's Cash-to-Debt

For the Credit Services subindustry, Al Omaniya Financial ServicesOG'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.

Al Omaniya Financial ServicesOG's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Al Omaniya Financial ServicesOG's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Al Omaniya Financial ServicesOG's Cash-to-Debt falls into.

Al Omaniya Financial ServicesOG Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Al Omaniya Financial ServicesOG's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	85.643	/	(0	+	123.832)
	=	0.69

Al Omaniya Financial ServicesOG's Cash to Debt Ratio for the quarter that ended in Dec. 2022 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	85.643	/	(0	+	123.832)
	=	0.69

Al Omaniya Financial ServicesOG (MUS:AOFS) 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.

Al Omaniya Financial ServicesOG Cash-to-Debt Related Terms

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

Al Omaniya Financial ServicesOG (MUS:AOFS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Al Omaniya Financial Services SAOG (MUS:AOFS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jibroo, P.O. Box 1087, Muscat, OMN, 114

Website

https://www.aofsoman.com

Al Omaniya Financial Services SAOG is involved in capital markets that provide Corporate loans, Retail Asset Financing which provides specialized finance products for the self-employed, salaried individuals, transport operators, small and large businesses, and Micro Credit. The company is also involved in hire purchase and lease finance for motor vehicles and other assets, debt factoring, bill discounting, bridge loans, working capital loans, and project and construction loans.

Al Omaniya Financial ServicesOG (MUS:AOFS) Headlines

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