Engineering Industries (CAI:ENGC) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2022)

View and export this data going back to 1982. Start your Free Trial

What is Engineering Industries 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. Engineering Industries's cash to debt ratio for the quarter that ended in Dec. 2022 was No Debt ⁽¹⁾.

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, Engineering Industries could pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

(1) 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.

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

CAI:ENGC' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 2 years, Engineering Industries's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

CAI:ENGC's Cash-to-Debt is ranked better than
99.74% of 384 companies
in the Building Materials industry
Industry Median: 0.47 vs CAI:ENGC: No Debt

Engineering Industries Cash-to-Debt Historical Data

The historical data trend for Engineering Industries'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.

* Premium members only.

Engineering Industries Cash-to-Debt Chart

Engineering Industries Annual Data

Trend

Dec22

Dec23

Cash-to-Debt

No Debt

Engineering Industries Quarterly Data
	Dec22	Dec23
Cash-to-Debt	No Debt	No Debt

Competitive Comparison of Engineering Industries's Cash-to-Debt

For the Building Materials subindustry, Engineering Industries'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.

Engineering Industries's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Engineering Industries's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Engineering Industries's Cash-to-Debt falls into.

Engineering Industries 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.

Engineering Industries's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Engineering Industries had no debt ⁽¹⁾.

Engineering Industries's Cash to Debt Ratio for the quarter that ended in Dec. 2022 is calculated as:

Engineering Industries had no debt ⁽¹⁾.

Engineering Industries (CAI:ENGC) 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.

Engineering Industries Cash-to-Debt Related Terms

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

Engineering Industries (CAI:ENGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Engineering Industries (CAI:ENGC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wadi Houf, Icon Industrial Zone, Helwan, EGY

Website

http://www.iconegypt.com

Engineering Industries manufactures steel-sheets and related products. It offers sandwich steel panels, caravans, guard rails, purlins, pre-fabricated units and corrugated sheets, galvanized tubes and pipes, and aluminum windows and doors. Some of the company projects include Dorra Contracting, Orascom, Talaat Mostafa, and others.

Engineering Industries (CAI:ENGC) Headlines

No Headlines

Engineering Industries (CAI:ENGC) Cash-to-Debt : No Debt (1) (As of Dec. 2022)