MOBI Industry Co (SAU:9517) Cash-to-Debt : 0.84 (As of Dec. 2023)

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What is MOBI Industry 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. MOBI Industry Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.84.

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, MOBI Industry Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

SAU:9517' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.28 Med: 0.84 Max: No Debt
Current: 0.84

During the past 7 years, MOBI Industry Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.28. And the median was 0.84.

SAU:9517's Cash-to-Debt is ranked better than
52.9% of 1550 companies
in the Chemicals industry
Industry Median: 0.72 vs SAU:9517: 0.84

MOBI Industry Co Cash-to-Debt Historical Data

The historical data trend for MOBI Industry 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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MOBI Industry Co Cash-to-Debt Chart

MOBI Industry Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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19.63

0.44

0.40

0.28

0.84

MOBI Industry Co Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial				0.40	0.17	0.28	0.46	0.84

Competitive Comparison of MOBI Industry Co's Cash-to-Debt

For the Chemicals subindustry, MOBI Industry 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.

MOBI Industry Co's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, MOBI Industry Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where MOBI Industry Co's Cash-to-Debt falls into.

MOBI Industry 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.

MOBI Industry 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)
	=	20.853	/	(19.854	+	5.053)
	=	0.84

MOBI Industry Co's Cash to Debt Ratio for the quarter 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)
	=	20.853	/	(19.854	+	5.053)
	=	0.84

MOBI Industry Co (SAU:9517) 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.

MOBI Industry Co Cash-to-Debt Related Terms

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

MOBI Industry Co (SAU:9517) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » MOBI Industry Co (SAU:9517) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

220 Second Industrial City Street, Riyadh, SAU

Website

https://www.nafkal.com

MOBI Industry Co is a Saudi Arabia based company. The company is engaged in the manufacture of soap in all forms, including (paste, liquid and dry), manufacture of industrial detergents, manufacture of fertilizers and nitrogenous compounds, manufacture of plastics in their primary forms, manufacture of washing and cleaning material and preparations.

MOBI Industry Co (SAU:9517) Headlines

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