Balady Poultry Trading Co (SAU:9559) Cash-to-Debt : 7.12 (As of Dec. 2023)

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What is Balady Poultry Trading 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. Balady Poultry Trading Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 7.12.

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, Balady Poultry Trading 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 Balady Poultry Trading Co's Cash-to-Debt or its related term are showing as below:

SAU:9559' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.97 Med: 4.54 Max: 7.12
Current: 7.12

During the past 2 years, Balady Poultry Trading Co's highest Cash to Debt Ratio was 7.12. The lowest was 1.97. And the median was 4.54.

SAU:9559's Cash-to-Debt is ranked better than
81.84% of 1856 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs SAU:9559: 7.12

Balady Poultry Trading Co Cash-to-Debt Historical Data

The historical data trend for Balady Poultry Trading 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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Balady Poultry Trading Co Cash-to-Debt Chart

Balady Poultry Trading Co Annual Data

Trend

Dec22

Dec23

Cash-to-Debt

1.97

7.12

Balady Poultry Trading Co Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			1.97	2.71	3.71	2.90	7.12

Competitive Comparison of Balady Poultry Trading Co's Cash-to-Debt

For the Farm Products subindustry, Balady Poultry Trading 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.

Balady Poultry Trading Co's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Balady Poultry Trading Co's Cash-to-Debt distribution charts can be found below:

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

Balady Poultry Trading 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.

Balady Poultry Trading 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)
	=	86.287	/	(8.272	+	3.846)
	=	7.12

Balady Poultry Trading 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)
	=	86.287	/	(8.272	+	3.846)
	=	7.12

Balady Poultry Trading Co (SAU:9559) 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.

Balady Poultry Trading Co Cash-to-Debt Related Terms

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Balady Poultry Trading Co (SAU:9559) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Balady Poultry Trading Co (SAU:9559) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Main Road, Wadi bin Hashbal, Khamis Mushayt, SAU, 62952

Website

https://www.balady-sa.com

Balady Poultry Trading Co specializes in importing, buying, and selling Pullet, breeding, and feeding poultry and provides veterinary care. It also owns, operates, and manages poultry farms. The firm engages in the production of poultry products in the Kingdom of Saudi Arabia. It offers fresh and marinated whole chicken; and chicken parts, including gizzards, hearts, breasts, thighs, whole chicken feet, wings, chicken pieces, liver, feet, and legs.

Balady Poultry Trading Co (SAU:9559) Headlines

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