Saudi Lime Industries Co (SAU:9566) Cash-to-Debt : 9.56 (As of Dec. 2023)

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What is Saudi Lime Industries 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. Saudi Lime Industries Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 9.56.

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, Saudi Lime Industries 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 Saudi Lime Industries Co's Cash-to-Debt or its related term are showing as below:

SAU:9566' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.47 Med: 5.51 Max: 9.56
Current: 9.56

During the past 2 years, Saudi Lime Industries Co's highest Cash to Debt Ratio was 9.56. The lowest was 1.47. And the median was 5.51.

SAU:9566's Cash-to-Debt is ranked worse than
54.82% of 2643 companies
in the Metals & Mining industry
Industry Median: 18.42 vs SAU:9566: 9.56

Saudi Lime Industries Co Cash-to-Debt Historical Data

The historical data trend for Saudi Lime Industries 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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Saudi Lime Industries Co Cash-to-Debt Chart

Saudi Lime Industries Co Annual Data

Trend

Dec22

Dec23

Cash-to-Debt

1.47

9.56

Saudi Lime Industries Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	N/A	1.47	5.20	9.56

Competitive Comparison of Saudi Lime Industries Co's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Saudi Lime Industries 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.

Saudi Lime Industries Co's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Saudi Lime Industries Co's Cash-to-Debt distribution charts can be found below:

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

Saudi Lime Industries 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.

Saudi Lime Industries 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)
	=	41.95	/	(2.658	+	1.732)
	=	9.56

Saudi Lime Industries 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)
	=	41.95	/	(2.658	+	1.732)
	=	9.56

Saudi Lime Industries Co (SAU:9566) 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 Lime Industries Co Cash-to-Debt Related Terms

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Saudi Lime Industries Co (SAU:9566) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Saudi Lime Industries Co (SAU:9566) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Al-Kharj Road, P.O Box 355208, Second Industrial City, Riyadh, SAU, 11383

Website

https://saudilime.com

Saudi Lime Industries Co is engaged in the manufacturing of quick and hydrated lime, quicklime powder, the manufacturing of lime sand bricks of various sizes, and the manufacturing of calcium carbonate.

Saudi Lime Industries Co (SAU:9566) Headlines

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