Al-Mazaya Holding Co K.S.C.P (KUW:MAZAYA) Cash-to-Debt : 0.15 (As of Mar. 2024)

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What is Al-Mazaya Holding Co K.S.C.P 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. Al-Mazaya Holding Co K.S.C.P's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.15.

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, Al-Mazaya Holding Co K.S.C.P 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 Al-Mazaya Holding Co K.S.C.P's Cash-to-Debt or its related term are showing as below:

KUW:MAZAYA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.1 Max: 0.76
Current: 0.15

During the past 13 years, Al-Mazaya Holding Co K.S.C.P's highest Cash to Debt Ratio was 0.76. The lowest was 0.04. And the median was 0.10.

KUW:MAZAYA's Cash-to-Debt is ranked worse than
61.76% of 1786 companies
in the Real Estate industry
Industry Median: 0.25 vs KUW:MAZAYA: 0.15

Al-Mazaya Holding Co K.S.C.P Cash-to-Debt Historical Data

The historical data trend for Al-Mazaya Holding Co K.S.C.P'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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Al-Mazaya Holding Co K.S.C.P Cash-to-Debt Chart

Al-Mazaya Holding Co K.S.C.P Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.07

0.06

0.05

0.10

Al-Mazaya Holding Co K.S.C.P 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															0.05	0.11	0.16	0.10	0.15

Competitive Comparison of Al-Mazaya Holding Co K.S.C.P's Cash-to-Debt

For the Real Estate Services subindustry, Al-Mazaya Holding Co K.S.C.P'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.

Al-Mazaya Holding Co K.S.C.P's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Al-Mazaya Holding Co K.S.C.P's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Al-Mazaya Holding Co K.S.C.P's Cash-to-Debt falls into.

Al-Mazaya Holding Co K.S.C.P 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.

Al-Mazaya Holding Co K.S.C.P'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)
	=	9.491	/	(4.831	+	91.65)
	=	0.10

Al-Mazaya Holding Co K.S.C.P'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)
	=	13.344	/	(4.445	+	85.841)
	=	0.15

Al-Mazaya Holding Co K.S.C.P (KUW:MAZAYA) 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.

Al-Mazaya Holding Co K.S.C.P Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Al-Mazaya Holding Co K.S.C.P's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Al-Mazaya Holding Co K.S.C.P (KUW:MAZAYA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Al-Mazaya Holding Co K.S.C.P (KUW:MAZAYA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MAZAYA:United Arab Emirates

Address

Al-Mazaya Tower 01, P.O. Box 3546, 1 - 23th Floor, Al Murqab, Safat, Kuwait, KWT, 13036

Website

http://www.mazayaholding.com

Al-Mazaya Holding Co K.S.C.P is engaged in real estate development and investment activities. It provides real estate products and services in several fields, including housing projects, such as deluxe villas and high-class residential buildings, and commercial projects, such as office and retail buildings. The company is also engaged in other real estate fields to include purchasing, ownership, and selling of lands and their development for the account of the company inside and outside of Kuwait. Its geographical segments include Kuwait; United Arab Emirates (UAE); Kingdom of Saudi Arabia (KSA), Turkey and other countries. The company derives a majority of revenue from the United Arab Emirates.

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