Future Kid Entertainment and Real Estate Co (KUW:FUTUREKID) Cash-to-Debt : 0.23 (As of Mar. 2024)

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What is Future Kid Entertainment and Real Estate 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. Future Kid Entertainment and Real Estate Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.23.

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, Future Kid Entertainment and Real Estate Co 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 Future Kid Entertainment and Real Estate Co's Cash-to-Debt or its related term are showing as below:

KUW:FUTUREKID' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.16 Med: 0.36 Max: No Debt
Current: 0.23

During the past 13 years, Future Kid Entertainment and Real Estate Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.16. And the median was 0.36.

KUW:FUTUREKID's Cash-to-Debt is ranked worse than
65.82% of 822 companies
in the Travel & Leisure industry
Industry Median: 0.555 vs KUW:FUTUREKID: 0.23

Future Kid Entertainment and Real Estate Co Cash-to-Debt Historical Data

The historical data trend for Future Kid Entertainment and Real Estate 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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Future Kid Entertainment and Real Estate Co Cash-to-Debt Chart

Future Kid Entertainment and Real Estate Co Annual Data

Trend

Dec10

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.35

0.17

0.18

0.34

0.25

Future Kid Entertainment and Real Estate Co 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															0.37	0.28	0.27	0.25	0.23

Competitive Comparison of Future Kid Entertainment and Real Estate Co's Cash-to-Debt

For the Leisure subindustry, Future Kid Entertainment and Real Estate 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.

Future Kid Entertainment and Real Estate Co's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Future Kid Entertainment and Real Estate Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Future Kid Entertainment and Real Estate Co's Cash-to-Debt falls into.

Future Kid Entertainment and Real Estate 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.

Future Kid Entertainment and Real Estate 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)
	=	2.73	/	(4.179	+	6.668)
	=	0.25

Future Kid Entertainment and Real Estate Co's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	2.654	/	(4.447	+	7.089)
	=	0.23

Future Kid Entertainment and Real Estate Co (KUW:FUTUREKID) 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.

Future Kid Entertainment and Real Estate Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Future Kid Entertainment and Real Estate Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Future Kid Entertainment and Real Estate Co (KUW:FUTUREKID) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Future Kid Entertainment and Real Estate Co (KUW:FUTUREKID) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Free Zone Area, Futur Ara, Block D20, P.O. Box 4277, Al-Safat, KWT, 13043

Website

https://www.futurekid.com.kw

Future Kid Entertainment and Real Estate Co operates and manages family entertainment centers in Kuwait. It provides recreational services for kids and families. It also operates entertainment complexes which include facilities like games & aqua parks. It also engages in the acquisition, development, and sale of real estate and lands. It derives revenue from customer charges and game cards used for games available in different branches.

Future Kid Entertainment and Real Estate Co (KUW:FUTUREKID) Headlines

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