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Oman National Investment HoldingOG (MUS:ONIC) Cash-to-Debt : 1.30 (As of Jun. 2015)


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What is Oman National Investment HoldingOG 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. Oman National Investment HoldingOG's cash to debt ratio for the quarter that ended in Jun. 2015 was 1.30.

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, Oman National Investment HoldingOG could pay off its debt using the cash in hand for the quarter that ended in Jun. 2015.

The historical rank and industry rank for Oman National Investment HoldingOG's Cash-to-Debt or its related term are showing as below:

MUS:ONIC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.82   Med: 1.16   Max: N/A
Current: 1.3

During the past 9 years, Oman National Investment HoldingOG's highest Cash to Debt Ratio was N/A. The lowest was 0.82. And the median was 1.16.

MUS:ONIC's Cash-to-Debt is not ranked
in the Insurance industry.
Industry Median: 1.87 vs MUS:ONIC: 1.30

Oman National Investment HoldingOG Cash-to-Debt Historical Data

The historical data trend for Oman National Investment HoldingOG'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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Oman National Investment HoldingOG Cash-to-Debt Chart

Oman National Investment HoldingOG Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only No Debt No Debt 1.14 1.15 1.17

Oman National Investment HoldingOG Quarterly Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.14 1.02 1.17 1.26 1.30

Competitive Comparison of Oman National Investment HoldingOG's Cash-to-Debt

For the Insurance - Diversified subindustry, Oman National Investment HoldingOG'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.

Oman National Investment HoldingOG's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Oman National Investment HoldingOG's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Oman National Investment HoldingOG's Cash-to-Debt falls into.


Oman National Investment HoldingOG 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.

Oman National Investment HoldingOG's Cash to Debt Ratio for the fiscal year that ended in Dec. 2014 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)
=25.783 / (0 + 22.02)
=1.17

Oman National Investment HoldingOG's Cash to Debt Ratio for the quarter that ended in Jun. 2015 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)
=32.302 / (0 + 24.879)
=1.30

* 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.

Oman National Investment HoldingOG  (MUS:ONIC) 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.

Oman National Investment HoldingOG Cash-to-Debt Related Terms

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