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SALudi Logistics Services Co (SAU:4263) Cash-to-Debt : 0.70 (As of Mar. 2024)


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What is SALudi Logistics Services 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. SALudi Logistics Services Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.70.

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, SALudi Logistics Services Co couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

SAU:4263' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.51   Med: 0.7   Max: 0.72
Current: 0.7

During the past 2 years, SALudi Logistics Services Co's highest Cash to Debt Ratio was 0.72. The lowest was 0.51. And the median was 0.70.

SAU:4263's Cash-to-Debt is ranked better than
59.39% of 958 companies
in the Transportation industry
Industry Median: 0.48 vs SAU:4263: 0.70

SALudi Logistics Services Co Cash-to-Debt Historical Data

The historical data trend for SALudi Logistics Services 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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SALudi Logistics Services Co Cash-to-Debt Chart

SALudi Logistics Services Co Annual Data
Trend Dec22 Dec23
Cash-to-Debt
0.51 0.72

SALudi Logistics Services Co Quarterly Data
Dec22 Mar23 Dec23 Mar24
Cash-to-Debt 0.51 N/A 0.72 0.70

Competitive Comparison of SALudi Logistics Services Co's Cash-to-Debt

For the Integrated Freight & Logistics subindustry, SALudi Logistics Services 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.

SALudi Logistics Services Co's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SALudi Logistics Services Co's Cash-to-Debt distribution charts can be found below:

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


SALudi Logistics Services 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.

SALudi Logistics Services 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)
=1210.426 / (105.201 + 1578.25)
=0.72

SALudi Logistics Services Co's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
=1172.385 / (147.865 + 1522.674)
=0.70

* 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.

SALudi Logistics Services Co  (SAU:4263) 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.

SALudi Logistics Services Co Cash-to-Debt Related Terms

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SALudi Logistics Services Co (SAU:4263) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SAL Saudi Logistics Services Co (SAU:4263) » Definitions » Cash-to-Debt
Comparable Companies
Traded in Other Exchanges
N/A
Address
Prince Sultan Road, P.O. Box 23525, Zahran Building, Salamah, Jeddah, SAU, 2661
Website
https://www.sal.sa
SAL Saudi Logistics Services Co is a company engaged in providing supply chain solutions in Saudi Arabia. It creates integrated solutions to deliver end-to-end services for businesses across the economy wide supply chain. The company has three streams; Air cargo handling, Terminal handling and logistics solutions. The maximum revenue of the company comes from Terminal Handling.

SALudi Logistics Services Co (SAU:4263) Headlines

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