Al Kathiri Holding Co (SAU:3008) Cash-to-Debt : 0.54 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Al Kathiri Holding Co 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 Kathiri Holding Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.54.

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 Kathiri Holding Co 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 Al Kathiri Holding Co's Cash-to-Debt or its related term are showing as below:

SAU:3008' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.4 Max: No Debt
Current: 0.54

During the past 7 years, Al Kathiri Holding Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.06. And the median was 0.40.

SAU:3008's Cash-to-Debt is ranked better than
51.91% of 366 companies
in the Building Materials industry
Industry Median: 0.475 vs SAU:3008: 0.54

Al Kathiri Holding Co Cash-to-Debt Historical Data

The historical data trend for Al Kathiri Holding Co'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.

* Premium members only.

Al Kathiri Holding Co Cash-to-Debt Chart

Al Kathiri Holding Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.22

0.74

0.27

0.06

0.54

Al Kathiri Holding Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.06	0.07	0.65	0.59	0.54

Competitive Comparison of Al Kathiri Holding Co's Cash-to-Debt

For the Building Materials subindustry, Al Kathiri Holding Co'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 Kathiri Holding Co's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Al Kathiri Holding Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Al Kathiri Holding Co's Cash-to-Debt falls into.

Al Kathiri Holding Co 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.

Al Kathiri Holding Co'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)
	=	78.384	/	(27.308	+	117.008)
	=	0.54

Al Kathiri Holding Co'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)
	=	78.384	/	(27.308	+	117.008)
	=	0.54

Al Kathiri Holding Co (SAU:3008) 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 Kathiri Holding Co Cash-to-Debt Related Terms

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

Al Kathiri Holding Co (SAU:3008) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Al Kathiri Holding Co (SAU:3008) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Yazid bin Abdullah bin, Unit No. 19, Abdulrahman - Al - Malqa District, Riyadh, SAU, 13523-6695

Website

https://www.alkathiriholding.com

Al Kathiri Holding Co is engaged in the building materials business. The company transfers, distributes, and sells cement to local markets in all regions of the Kingdom, mainly the markets of the central region and the western region. It also distributes and supplies raw materials for the production of ready-made concrete of all kinds. The company has established a prefabricated concrete plant. The activities of the company later expanded to include the production of ready-mixed concrete and the manufacture of Imdo panels.

Al Kathiri Holding Co (SAU:3008) Headlines

No Headlines