Investors Holding Group Company KSC (KUW:TOURISTIC) Cash-to-Debt : 1.60 (As of Sep. 2021)

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What is Investors Holding Group Company KSC 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. Investors Holding Group Company KSC's cash to debt ratio for the quarter that ended in Sep. 2021 was 1.60.

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, Investors Holding Group Company KSC could pay off its debt using the cash in hand for the quarter that ended in Sep. 2021.

The historical rank and industry rank for Investors Holding Group Company KSC's Cash-to-Debt or its related term are showing as below:

KUW:TOURISTIC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.5 Med: No Debt Max: No Debt
Current: 1.6

During the past 11 years, Investors Holding Group Company KSC's highest Cash to Debt Ratio was No Debt. The lowest was 0.50. And the median was No Debt.

KUW:TOURISTIC's Cash-to-Debt is not ranked
in the Real Estate industry.
Industry Median: 0.25 vs KUW:TOURISTIC: 1.60

Investors Holding Group Company KSC Cash-to-Debt Historical Data

The historical data trend for Investors Holding Group Company KSC'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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Investors Holding Group Company KSC Cash-to-Debt Chart

Investors Holding Group Company KSC Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

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No Debt

0.67

0.57

Investors Holding Group Company KSC Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Cash-to-Debt	Get a 7-Day Free Trial															1.29	0.57	0.50	1.40	1.60

Competitive Comparison of Investors Holding Group Company KSC's Cash-to-Debt

For the Real Estate Services subindustry, Investors Holding Group Company KSC'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.

Investors Holding Group Company KSC's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Investors Holding Group Company KSC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Investors Holding Group Company KSC's Cash-to-Debt falls into.

Investors Holding Group Company KSC 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.

Investors Holding Group Company KSC's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 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)
	=	0.004	/	(0	+	0.007)
	=	0.57

Investors Holding Group Company KSC's Cash to Debt Ratio for the quarter that ended in Sep. 2021 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)
	=	0.008	/	(0	+	0.005)
	=	1.60

Investors Holding Group Company KSC (KUW:TOURISTIC) 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.

Investors Holding Group Company KSC Cash-to-Debt Related Terms

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Investors Holding Group Company KSC (KUW:TOURISTIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Investors Holding Group Company KSC (KUW:TOURISTIC) » Definitions » Cash-to-Debt

Comparable Companies

TSE:4437 TSE:3300 AMM:PROF OSTO:QUART HKSE:00499 HKSE:03699 LSE:RAV XPAR:ALSAS XMAU:UTDL.N0000 TSE:4445

Traded in Other Exchanges

N/A

Address

Gaber Al Mubark Street, 3rd Floor, Block 5, Building 4, Office 11, PO Box 2031, Bahbahani Complex, Sharq Area, Kuwait City, KWT, 13021

Website

https://www.ig.com.kw

Investors Holding Group Company KSC is engaged in the investment activities in diversified sector according to the Sharia principles. Its activities include investment and trading of real estates as well as participating in the financial and real estate funds.

Investors Holding Group Company KSC (KUW:TOURISTIC) Headlines

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