Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) Cash-to-Debt : 0.76 (As of Dec. 2021)

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What is Al Seer Marine Supplies & Equipment PJSC 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 Seer Marine Supplies & Equipment PJSC's cash to debt ratio for the quarter that ended in Dec. 2021 was 0.76.

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 Seer Marine Supplies & Equipment PJSC couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2021.

The historical rank and industry rank for Al Seer Marine Supplies & Equipment PJSC's Cash-to-Debt or its related term are showing as below:

ADX:ASM's Cash-to-Debt is not ranked ^*
in the Transportation industry.
Industry Median: 0.49
* Ranked among companies with meaningful Cash-to-Debt only.

Al Seer Marine Supplies & Equipment PJSC Cash-to-Debt Historical Data

The historical data trend for Al Seer Marine Supplies & Equipment PJSC'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 Seer Marine Supplies & Equipment PJSC Cash-to-Debt Chart

Al Seer Marine Supplies & Equipment PJSC Annual Data

Trend

Dec20

Dec21

Cash-to-Debt

23.53

0.76

Al Seer Marine Supplies & Equipment PJSC Semi-Annual Data
	Dec20	Dec21
Cash-to-Debt	23.53	0.76

Competitive Comparison of Al Seer Marine Supplies & Equipment PJSC's Cash-to-Debt

For the Marine Shipping subindustry, Al Seer Marine Supplies & Equipment PJSC'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 Seer Marine Supplies & Equipment PJSC's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Al Seer Marine Supplies & Equipment PJSC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Al Seer Marine Supplies & Equipment PJSC's Cash-to-Debt falls into.

Al Seer Marine Supplies & Equipment PJSC 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 Seer Marine Supplies & Equipment PJSC's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	97.802	/	(122.183	+	6.53)
	=	0.76

Al Seer Marine Supplies & Equipment PJSC's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	97.802	/	(122.183	+	6.53)
	=	0.76

Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) 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 Seer Marine Supplies & Equipment PJSC Cash-to-Debt Related Terms

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Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot Number A-20, Sector MW-5, P.O. Box 33639, Mussafah Industrial City, Abu Dhabi, ARE

Website

https://www.alseermarine.ae

Al Seer Marine Supplies & Equipment PJSC is a marine company in the Arabian maritime region, with a portfolio of services that caters to all needs of boat owners, managers and crew. The services of the company include Boat Building, Maintenance Services, Yacht Management, Training Institute, and Maintenance services among others.