Heliopolis Housing & Development (CAI:HELI) Cash-to-Debt : 35.11 (As of Dec. 2023)

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What is Heliopolis Housing & Development 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. Heliopolis Housing & Development's cash to debt ratio for the quarter that ended in Dec. 2023 was 35.11.

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, Heliopolis Housing & Development could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Heliopolis Housing & Development's Cash-to-Debt or its related term are showing as below:

CAI:HELI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: No Debt Max: No Debt
Current: 35.11

During the past 9 years, Heliopolis Housing & Development's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was No Debt.

CAI:HELI's Cash-to-Debt is ranked better than
88.26% of 1771 companies
in the Real Estate industry
Industry Median: 0.25 vs CAI:HELI: 35.11

Heliopolis Housing & Development Cash-to-Debt Historical Data

The historical data trend for Heliopolis Housing & Development'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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Heliopolis Housing & Development Cash-to-Debt Chart

Heliopolis Housing & Development Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

0.01

No Debt

3.42

Heliopolis Housing & Development Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															3.42	No Debt	No Debt	No Debt	35.11

Competitive Comparison of Heliopolis Housing & Development's Cash-to-Debt

For the Real Estate - Development subindustry, Heliopolis Housing & Development'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.

Heliopolis Housing & Development's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Heliopolis Housing & Development's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Heliopolis Housing & Development's Cash-to-Debt falls into.

Heliopolis Housing & Development 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.

Heliopolis Housing & Development's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	493.805	/	(113.94	+	30.528)
	=	3.42

Heliopolis Housing & Development'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)
	=	1236.153	/	(35.208	+	0)
	=	35.11

Heliopolis Housing & Development (CAI:HELI) 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.

Heliopolis Housing & Development Cash-to-Debt Related Terms

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

Heliopolis Housing & Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Heliopolis Housing & Development SA (CAI:HELI) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

28 Ibrahim El Liqani Street, Helipolis, Cairo, EGY

Website

http://www.hhd.com.eg

Heliopolis Housing & Development SA develops real estate. The Company owns residential units, villas, schools, shops, garages, health clubs, and tourist facilities.

Heliopolis Housing & Development Headlines

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