ELM Co (SAU:7203) Cash-to-Debt : 15.44 (As of Dec. 2023)

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What is ELM 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. ELM Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 15.44.

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, ELM Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

SAU:7203' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.28 Med: 16.86 Max: No Debt
Current: 15.44

During the past 8 years, ELM Co's highest Cash to Debt Ratio was No Debt. The lowest was 4.28. And the median was 16.86.

SAU:7203's Cash-to-Debt is ranked better than
71.99% of 2799 companies
in the Software industry
Industry Median: 2.45 vs SAU:7203: 15.44

ELM Co Cash-to-Debt Historical Data

The historical data trend for ELM 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.

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ELM Co Cash-to-Debt Chart

ELM Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

4.28

11.94

18.29

32.30

15.44

ELM Co Quarterly Data
	Dec17	Dec18	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														32.30	30.38	27.64	19.70	15.44

Competitive Comparison of ELM Co's Cash-to-Debt

For the Information Technology Services subindustry, ELM 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.

ELM Co's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, ELM Co's Cash-to-Debt distribution charts can be found below:

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

ELM 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.

ELM 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)
	=	3459.306	/	(11.989	+	212.091)
	=	15.44

ELM 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)
	=	3459.306	/	(11.989	+	212.091)
	=	15.44

ELM Co (SAU:7203) 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.

ELM Co Cash-to-Debt Related Terms

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

ELM Co (SAU:7203) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ELM Co (SAU:7203) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Thaghr, Al Nakheel Dis Digital City, 6614, Unit No 2, Riyadh, SAU, 12382-4182

Website

https://www.elm.sa

ELM Co is engaged in providing ready-made and customized digital solutions in many areas. Its ready-made solutions serve a broad segment of customers, who can subscribe to different packages of their choosing to meet their needs and suffice business requirements. The services offered by the company include Consulting, Data Analysis, and Technical solutions. The segments are Digital Business, Business Process Outsourcing, and Professional Services, out of which the majority are from the Digital Business segment.

ELM Co (SAU:7203) Headlines

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