KAMCO Investment Company K.S.C.P (KUW:KAMCO) Cash-to-Debt : 1.35 (As of Dec. 2023)

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What is KAMCO Investment Company K.S.C.P 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. KAMCO Investment Company K.S.C.P's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.35.

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, KAMCO Investment Company K.S.C.P could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for KAMCO Investment Company K.S.C.P's Cash-to-Debt or its related term are showing as below:

KUW:KAMCO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.23 Med: 1.09 Max: 1.44
Current: 1.35

During the past 13 years, KAMCO Investment Company K.S.C.P's highest Cash to Debt Ratio was 1.44. The lowest was 0.23. And the median was 1.09.

KUW:KAMCO's Cash-to-Debt is ranked worse than
58.55% of 1474 companies
in the Asset Management industry
Industry Median: 5.66 vs KUW:KAMCO: 1.35

KAMCO Investment Company K.S.C.P Cash-to-Debt Historical Data

The historical data trend for KAMCO Investment Company K.S.C.P'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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KAMCO Investment Company K.S.C.P Cash-to-Debt Chart

KAMCO Investment Company K.S.C.P Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.20

1.13

1.40

1.44

1.35

KAMCO Investment Company K.S.C.P Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.44	0.89	0.66	0.68	1.35

Competitive Comparison of KAMCO Investment Company K.S.C.P's Cash-to-Debt

For the Asset Management subindustry, KAMCO Investment Company K.S.C.P'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.

KAMCO Investment Company K.S.C.P's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, KAMCO Investment Company K.S.C.P's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where KAMCO Investment Company K.S.C.P's Cash-to-Debt falls into.

KAMCO Investment Company K.S.C.P 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.

KAMCO Investment Company K.S.C.P'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)
	=	65.818	/	(0	+	48.75)
	=	1.35

KAMCO Investment Company K.S.C.P's Cash to Debt Ratio for the quarter 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)
	=	65.818	/	(0	+	48.75)
	=	1.35

KAMCO Investment Company K.S.C.P (KUW:KAMCO) 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.

KAMCO Investment Company K.S.C.P Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of KAMCO Investment Company K.S.C.P's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

KAMCO Investment Company K.S.C.P (KUW:KAMCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » KAMCO Investment Company K.S.C.P (KUW:KAMCO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Khalid Bin Waleed Street, Al-Shaheed Tower, P.O.Box 28873, Sharq, Safat, Kuwait City, KWT, 13149

Website

https://www.kamcoinvest.com

KAMCO Investment Company K.S.C.P is an investment banking company. Its activities include purchasing and investing in shares or bonds of the companies in real estate, industrial and agricultural sector, managing the funds of public and private institutions, a brokerage in lending and borrowing operations, provision of loans, dealing and trading in the foreign currency market, and undertaking operations related to securities trading such as purchase and sale of shares and bonds of companies. The company's segments include Investment banking and advisory, Asset management, Brokerage, and Strategic investments & corporate overheads. The company makes majority of its revenue from Asset management segment.

KAMCO Investment Company K.S.C.P (KUW:KAMCO) Headlines

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