Alimtiaz Investment Group Co KSC (KUW:ALIMTIAZ) Cash-to-Debt : 0.42 (As of Mar. 2024)

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What is Alimtiaz Investment Group Co KSC 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. Alimtiaz Investment Group Co KSC's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.42.

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, Alimtiaz Investment Group Co KSC couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Alimtiaz Investment Group Co KSC's Cash-to-Debt or its related term are showing as below:

KUW:ALIMTIAZ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.26 Med: 0.46 Max: 1.89
Current: 0.42

During the past 13 years, Alimtiaz Investment Group Co KSC's highest Cash to Debt Ratio was 1.89. The lowest was 0.26. And the median was 0.46.

KUW:ALIMTIAZ's Cash-to-Debt is ranked worse than
67.78% of 1465 companies
in the Asset Management industry
Industry Median: 5.56 vs KUW:ALIMTIAZ: 0.42

Alimtiaz Investment Group Co KSC Cash-to-Debt Historical Data

The historical data trend for Alimtiaz Investment Group Co KSC'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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Alimtiaz Investment Group Co KSC Cash-to-Debt Chart

Alimtiaz Investment Group Co KSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.47

0.34

0.48

0.45

0.36

Alimtiaz Investment Group Co KSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.43	0.48	0.42	0.36	0.42

Competitive Comparison of Alimtiaz Investment Group Co KSC's Cash-to-Debt

For the Asset Management subindustry, Alimtiaz Investment Group Co KSC'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.

Alimtiaz Investment Group Co KSC's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Alimtiaz Investment Group Co KSC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Alimtiaz Investment Group Co KSC's Cash-to-Debt falls into.

Alimtiaz Investment Group Co KSC Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Alimtiaz Investment Group Co KSC's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	11.43	/	(0	+	31.49)
	=	0.36

Alimtiaz Investment Group Co KSC's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	12.701	/	(0	+	29.925)
	=	0.42

Alimtiaz Investment Group Co KSC (KUW:ALIMTIAZ) 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.

Alimtiaz Investment Group Co KSC Cash-to-Debt Related Terms

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

Alimtiaz Investment Group Co KSC (KUW:ALIMTIAZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Alimtiaz Investment Group Co KSC (KUW:ALIMTIAZ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sharq, Khaled Bin Al Waleed Street, Al Dhow Tower, P.O. Box: 29050, Kuwait, KWT, 13151

Website

https://www.alimtiaz.com

Alimtiaz Investment Group Co KSC is an investment company. The company manages a diversified portfolio of investments primarily in operating assets consisting of six main businesses namely Real Estate, Pharmaceuticals, Education, IT and technology services, and Food and Beverages in various geographic locations. The company operates its business in various segments including Investment Properties, Financial Investments, Healthcare, Education, Oil and construction, IT(Information Technology) solutions and fintech, Food sales, and Others.

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