Boubyan Petrochemical Co KSC (KUW:BPCC) Cash-to-Debt : 0.28 (As of Oct. 2024)

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What is Boubyan Petrochemical 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. Boubyan Petrochemical Co KSC's cash to debt ratio for the quarter that ended in Oct. 2024 was 0.28.

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, Boubyan Petrochemical Co KSC couldn't pay off its debt using the cash in hand for the quarter that ended in Oct. 2024.

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

KUW:BPCC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.2 Max: 1.97
Current: 0.28

During the past 13 years, Boubyan Petrochemical Co KSC's highest Cash to Debt Ratio was 1.97. The lowest was 0.02. And the median was 0.20.

KUW:BPCC's Cash-to-Debt is ranked worse than
70.4% of 1554 companies
in the Chemicals industry
Industry Median: 0.7 vs KUW:BPCC: 0.28

Boubyan Petrochemical Co KSC Cash-to-Debt Historical Data

The historical data trend for Boubyan Petrochemical 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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Boubyan Petrochemical Co KSC Cash-to-Debt Chart

Boubyan Petrochemical Co KSC Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Cash-to-Debt

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0.18

0.20

0.37

0.49

0.29

Boubyan Petrochemical Co KSC Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Cash-to-Debt	Get a 7-Day Free Trial															0.20	0.28	0.29	0.26	0.28

Competitive Comparison of Boubyan Petrochemical Co KSC's Cash-to-Debt

For the Chemicals subindustry, Boubyan Petrochemical 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.

Boubyan Petrochemical Co KSC's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Boubyan Petrochemical Co KSC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Boubyan Petrochemical Co KSC's Cash-to-Debt falls into.

Boubyan Petrochemical Co KSC 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.

Boubyan Petrochemical Co KSC's Cash to Debt Ratio for the fiscal year that ended in Apr. 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)
	=	81.096	/	(22.014	+	261.927)
	=	0.29

Boubyan Petrochemical Co KSC's Cash to Debt Ratio for the quarter that ended in Oct. 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)
	=	87.982	/	(50.041	+	262.215)
	=	0.28

Boubyan Petrochemical Co KSC (KUW:BPCC) 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.

Boubyan Petrochemical Co KSC Cash-to-Debt Related Terms

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Boubyan Petrochemical Co KSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Boubyan Petrochemical Co KSC (KUW:BPCC) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Al Shuhada Street, KIPCO Tower, Office Number 2, 33rd Floor, P.O. Box 2383, Safat, Sharq, Kuwait, KWT, 13024

Website

https://www.boubyan.com

Boubyan Petrochemical Co KSC is engaged in manufacturing petrochemical material and its derivatives and also sells, purchases, supplies, distributes, exports and stores such materials. The company's operating segment includes Energy, manufacturing and petrochemical sector and Services and education, and Others. It generates maximum revenue from the Energy, manufacturing and petrochemical sector segment.

Boubyan Petrochemical Co KSC Headlines

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