The Energy House Holding Co (KUW:ENERGYH) Cash-to-Debt : 716.50 (As of Jun. 2024)

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What is The Energy House Holding 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. The Energy House Holding Co's cash to debt ratio for the quarter that ended in Jun. 2024 was 716.50.

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, The Energy House Holding Co could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

The historical rank and industry rank for The Energy House Holding Co's Cash-to-Debt or its related term are showing as below:

KUW:ENERGYH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.21 Med: 42.02 Max: No Debt
Current: 716.5

During the past 13 years, The Energy House Holding Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.21. And the median was 42.02.

KUW:ENERGYH's Cash-to-Debt is ranked better than
88.04% of 995 companies
in the Oil & Gas industry
Industry Median: 0.5 vs KUW:ENERGYH: 716.50

The Energy House Holding Co Cash-to-Debt Historical Data

The historical data trend for The Energy House Holding 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.

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The Energy House Holding Co Cash-to-Debt Chart

The Energy House Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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36.34

61.64

51.31

57.08

209.07

The Energy House Holding 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															132.65	154.43	209.07	299.80	716.50

Competitive Comparison of The Energy House Holding Co's Cash-to-Debt

For the Oil & Gas E&P subindustry, The Energy House Holding 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.

The Energy House Holding Co's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, The Energy House Holding Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where The Energy House Holding Co's Cash-to-Debt falls into.

The Energy House Holding 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.

The Energy House Holding Co's Cash to Debt Ratio for the fiscal year 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)
	=	3.136	/	(0.002	+	0.013)
	=	209.07

The Energy House Holding Co's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	2.866	/	(0.002	+	0.002)
	=	716.50

The Energy House Holding Co (KUW:ENERGYH) 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.

The Energy House Holding Co Cash-to-Debt Related Terms

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The Energy House Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » The Energy House Holding Co (KUW:ENERGYH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abdullah Al-Mubarak Street, P.O. Box 21909, Al-Enmaa Tower, 14th Floor, Mirqab, Safat, Kuwait, KWT, 13080

Website

https://www.energyhouse.com.kw

The Energy House Holding Co mainly operates in the energy and investment businesses in Kuwait, the Middle East and North Africa. The company is organized, along with its subsidiaries, into three business segments: Energy segment includes exploration, drilling, development, and production of oil and gas, alternate and renewable sources of energy, licensing, Contracting segment includes general trading and contracting, and others segments include investment and other related services. It generates a majority of its revenue from the Energy segment. Geographically, it derives maximum revenue from the Middle East and North Africa.

The Energy House Holding Co Headlines

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