Saudi Company for Hardware (SAU:4008) Cash-to-Debt : 0.03 (As of Dec. 2023)

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What is Saudi Company for Hardware 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. Saudi Company for Hardware's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.03.

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, Saudi Company for Hardware 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 Saudi Company for Hardware's Cash-to-Debt or its related term are showing as below:

SAU:4008' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.05 Max: 0.72
Current: 0.03

During the past 10 years, Saudi Company for Hardware's highest Cash to Debt Ratio was 0.72. The lowest was 0.02. And the median was 0.05.

SAU:4008's Cash-to-Debt is ranked worse than
93.61% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 0.46 vs SAU:4008: 0.03

Saudi Company for Hardware Cash-to-Debt Historical Data

The historical data trend for Saudi Company for Hardware'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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Saudi Company for Hardware Cash-to-Debt Chart

Saudi Company for Hardware Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.02

0.05

0.02

0.04

0.03

Saudi Company for Hardware 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															0.04	0.06	0.09	0.09	0.03

Competitive Comparison of Saudi Company for Hardware's Cash-to-Debt

For the Specialty Retail subindustry, Saudi Company for Hardware'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.

Saudi Company for Hardware's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Saudi Company for Hardware's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Saudi Company for Hardware's Cash-to-Debt falls into.

Saudi Company for Hardware 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.

Saudi Company for Hardware'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)
	=	13.044	/	(108.57	+	299.618)
	=	0.03

Saudi Company for Hardware'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)
	=	13.044	/	(108.57	+	299.618)
	=	0.03

Saudi Company for Hardware (SAU:4008) 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.

Saudi Company for Hardware Cash-to-Debt Related Terms

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Saudi Company for Hardware (SAU:4008) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Saudi Company for Hardware (SAU:4008) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Sultan Ibn Abdul Aziz Street, P.O.Box 86387, Riyadh, SAU, 11622

Website

https://www.saco.sa

Saudi Company for Hardware is engaged in retailing and wholesaling of household and office supplies and appliances, construction tools and equipment, and electrical tools and hardware. It operates in two segments, Sales of goods and Services and Logistic Services. Company generates majority of its revenue from Sales of goods segment.

Saudi Company for Hardware (SAU:4008) Headlines

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