EFU General Insurance (KAR:EFUG) Cash-to-Debt : 6.28 (As of Mar. 2024)

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What is EFU General Insurance 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. EFU General Insurance's cash to debt ratio for the quarter that ended in Mar. 2024 was 6.28.

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, EFU General Insurance could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

KAR:EFUG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 5015.44 Max: No Debt
Current: 6.28

During the past 13 years, EFU General Insurance's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 5015.44.

KAR:EFUG's Cash-to-Debt is ranked better than
65.7% of 484 companies
in the Insurance industry
Industry Median: 1.86 vs KAR:EFUG: 6.28

EFU General Insurance Cash-to-Debt Historical Data

The historical data trend for EFU General Insurance'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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EFU General Insurance Cash-to-Debt Chart

EFU General Insurance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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13.06

11.03

7.35

7.83

9.26

EFU General Insurance Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															7.15	8.91	11.25	9.26	6.28

Competitive Comparison of EFU General Insurance's Cash-to-Debt

For the Insurance - Property & Casualty subindustry, EFU General Insurance'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.

EFU General Insurance's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, EFU General Insurance's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where EFU General Insurance's Cash-to-Debt falls into.

EFU General Insurance Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

EFU General Insurance's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	7315.653	/	(138.985	+	651.192)
	=	9.26

EFU General Insurance's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	4749.827	/	(0	+	756.743)
	=	6.28

EFU General Insurance (KAR:EFUG) 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.

EFU General Insurance Cash-to-Debt Related Terms

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

EFU General Insurance (KAR:EFUG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » EFU General Insurance Ltd (KAR:EFUG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

EFU House, M.A. Jinnah Road, P.O. Box 5005, Karachi, SD, PAK, 74000

Website

https://www.efuinsurance.com

EFU General Insurance Ltd is an insurance company providing a range of non-life insurance products and services customized to meet the varied needs of a wide spectrum of businesses and industrial clients as well as individuals. The company has four reportable segments namely Fire and property damage; Marine, aviation and transport; Motor, and Miscellaneous.

EFU General Insurance (KAR:EFUG) Headlines

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