AME Company for Medical Supplies (SAU:9527) Cash-to-Debt : 16.71 (As of Dec. 2023)

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What is AME Company for Medical Supplies 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. AME Company for Medical Supplies's cash to debt ratio for the quarter that ended in Dec. 2023 was 16.71.

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, AME Company for Medical Supplies 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 AME Company for Medical Supplies's Cash-to-Debt or its related term are showing as below:

SAU:9527' s Cash-to-Debt Range Over the Past 10 Years
Min: 16.71 Med: 18.89 Max: 21.16
Current: 16.71

During the past 3 years, AME Company for Medical Supplies's highest Cash to Debt Ratio was 21.16. The lowest was 16.71. And the median was 18.89.

SAU:9527's Cash-to-Debt is ranked better than
78.95% of 95 companies
in the Medical Distribution industry
Industry Median: 0.79 vs SAU:9527: 16.71

AME Company for Medical Supplies Cash-to-Debt Historical Data

The historical data trend for AME Company for Medical Supplies'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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AME Company for Medical Supplies Cash-to-Debt Chart

AME Company for Medical Supplies Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

18.89

21.16

16.71

AME Company for Medical Supplies Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			18.89	5.99	21.16	9.71	16.71

Competitive Comparison of AME Company for Medical Supplies's Cash-to-Debt

For the Medical Distribution subindustry, AME Company for Medical Supplies'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.

AME Company for Medical Supplies's Cash-to-Debt Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, AME Company for Medical Supplies's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where AME Company for Medical Supplies's Cash-to-Debt falls into.

AME Company for Medical Supplies 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.

AME Company for Medical Supplies'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)
	=	43.403	/	(1.202	+	1.396)
	=	16.71

AME Company for Medical Supplies'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)
	=	43.403	/	(1.202	+	1.396)
	=	16.71

AME Company for Medical Supplies (SAU:9527) 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.

AME Company for Medical Supplies Cash-to-Debt Related Terms

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AME Company for Medical Supplies (SAU:9527) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » AME Company for Medical Supplies (SAU:9527) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Sultan Street, P.O. Box 11544, Jeddah, SAU, 21463

Website

https://www.ame.med.sa

AME Company for Medical Supplies is engaged in providing medical devices and equipment. It generates maximum revenue from the medical supplies segment. The Company is engaged in wholesale and retail trade which mainly includes perfumes, cosmetics, orthotic devices, medical supplies, decorative soap, incense, veterinary medicine and medical equipment.

AME Company for Medical Supplies (SAU:9527) Headlines

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