Al-Ghazi Tractors (KAR:AGTL) Cash-to-Debt : 0.38 (As of Dec. 2024)

View and export this data going back to 1985. Start your Free Trial

What is Al-Ghazi Tractors 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-Ghazi Tractors's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.38.

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-Ghazi Tractors couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

KAR:AGTL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.66 Max: No Debt
Current: 0.38

During the past 13 years, Al-Ghazi Tractors's highest Cash to Debt Ratio was No Debt. The lowest was 0.05. And the median was 0.66.

KAR:AGTL's Cash-to-Debt is ranked worse than
62.75% of 204 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.725 vs KAR:AGTL: 0.38

Al-Ghazi Tractors Cash-to-Debt Historical Data

The historical data trend for Al-Ghazi Tractors'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.

Al-Ghazi Tractors Cash-to-Debt Chart

Al-Ghazi Tractors Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

Get a 7-Day Free Trial

0.15

No Debt

0.19

0.93

0.38

Al-Ghazi Tractors Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.93	1.32	0.42	0.08	0.38

Competitive Comparison of Al-Ghazi Tractors's Cash-to-Debt

For the Farm & Heavy Construction Machinery subindustry, Al-Ghazi Tractors'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-Ghazi Tractors's Cash-to-Debt Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Al-Ghazi Tractors's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Al-Ghazi Tractors's Cash-to-Debt falls into.

Save Embed

;

Save Embed

;

Al-Ghazi Tractors 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-Ghazi Tractors's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 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)
	=	976.09	/	(2469.846	+	102.052)
	=	0.38

Al-Ghazi Tractors's Cash to Debt Ratio for the quarter that ended in Dec. 2024 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)
	=	976.09	/	(2469.846	+	102.052)
	=	0.38

Al-Ghazi Tractors (KAR:AGTL) 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-Ghazi Tractors Cash-to-Debt Related Terms

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

Al-Ghazi Tractors Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Al-Ghazi Tractors Ltd (KAR:AGTL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

16th East Street, Off. Korangi Road, Tractor House, No.102-B, DHA Phase I, Karachi, PAK

Website

https://www.alghazitractors.com

Al-Ghazi Tractors Ltd is an agricultural equipment manufacturer in Pakistan. Its operating segment includes the manufacture and sale of agricultural tractors, implements, and spare parts, providing irrigation solutions for agriculture, which generates the majority of the company's revenue. The company's other activities include implements and generators. Its implements segment comprises cultivators, disk harrows, potato diggers, sprayers, ploughs, and all other equipment that aid agriculture, and the generator segment offers energy-efficient diesel generators. Geographically, it derives a majority of revenue from Pakistan.

Al-Ghazi Tractors Headlines

No Headlines