Coast Investment & Development Co (KUW:COAST) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2024)

View and export this data going back to 1989. Start your Free Trial

What is Coast Investment & Development Co 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. Coast Investment & Development Co's cash to debt ratio for the quarter that ended in Jun. 2024 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, Coast Investment & Development Co could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

(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 Coast Investment & Development Co's Cash-to-Debt or its related term are showing as below:

KUW:COAST' s Cash-to-Debt Range Over the Past 10 Years
Min: 6.67 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Coast Investment & Development Co's highest Cash to Debt Ratio was No Debt. The lowest was 6.67. And the median was No Debt.

KUW:COAST's Cash-to-Debt is ranked better than
99.73% of 1491 companies
in the Asset Management industry
Industry Median: 6.63 vs KUW:COAST: No Debt

Coast Investment & Development Co Cash-to-Debt Historical Data

The historical data trend for Coast Investment & Development Co'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.

Coast Investment & Development Co Cash-to-Debt Chart

Coast Investment & Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

Coast Investment & Development Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Coast Investment & Development Co's Cash-to-Debt

For the Asset Management subindustry, Coast Investment & Development Co'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.

Coast Investment & Development Co's Cash-to-Debt Distribution in the Asset Management Industry

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

* The bar in red indicates where Coast Investment & Development Co's Cash-to-Debt falls into.

Coast Investment & Development Co 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.

Coast Investment & Development Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Coast Investment & Development Co had no debt ⁽¹⁾.

Coast Investment & Development Co's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Coast Investment & Development Co had no debt ⁽¹⁾.

Coast Investment & Development Co (KUW:COAST) 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.

Coast Investment & Development Co Cash-to-Debt Related Terms

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

Coast Investment & Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Coast Investment & Development Co (KUW:COAST) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Sharq Area, Shuhada Street, P.O. Box 26755, Coast Building, Al Asima Governate, Kuwait, KWT, 13128

Website

https://www.coast.com.kw

Coast Investment & Development Co is a financial institution. The coast is engaged in a variety of investment management activities such as private equity, asset management, and real estate investments both locally and internationally. It also offers a wide array of investment services including portfolio and fund management, advisory services, corporate finance, and online equity trading services. The company's geographical segment includes Kuwait and GCC; Europe and the USA. It derives the majority of its revenue from Kuwait and GCC.

Coast Investment & Development Co Headlines

No Headlines

Coast Investment & Development Co (KUW:COAST) Cash-to-Debt : No Debt (1) (As of Jun. 2024)