Oula Fuel Marketing Co KSC (KUW:OULAFUEL) Cash-to-Debt : 1.50 (As of Sep. 2024)

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What is Oula Fuel Marketing 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. Oula Fuel Marketing Co KSC's cash to debt ratio for the quarter that ended in Sep. 2024 was 1.50.

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, Oula Fuel Marketing Co KSC could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

KUW:OULAFUEL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.27 Med: 0.8 Max: 2.08
Current: 1.5

During the past 13 years, Oula Fuel Marketing Co KSC's highest Cash to Debt Ratio was 2.08. The lowest was 0.27. And the median was 0.80.

KUW:OULAFUEL's Cash-to-Debt is ranked better than
63.92% of 995 companies
in the Oil & Gas industry
Industry Median: 0.53 vs KUW:OULAFUEL: 1.50

Oula Fuel Marketing Co KSC Cash-to-Debt Historical Data

The historical data trend for Oula Fuel Marketing 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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Oula Fuel Marketing Co KSC Cash-to-Debt Chart

Oula Fuel Marketing Co KSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.37

0.94

1.15

1.10

1.22

Oula Fuel Marketing Co KSC Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.30	1.22	1.30	1.27	1.50

Competitive Comparison of Oula Fuel Marketing Co KSC's Cash-to-Debt

For the Oil & Gas Refining & Marketing subindustry, Oula Fuel Marketing 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.

Oula Fuel Marketing Co KSC's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Oula Fuel Marketing Co KSC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Oula Fuel Marketing Co KSC's Cash-to-Debt falls into.

Oula Fuel Marketing 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.

Oula Fuel Marketing Co KSC'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)
	=	44.761	/	(4.28	+	32.512)
	=	1.22

Oula Fuel Marketing Co KSC's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	55.417	/	(8.477	+	28.481)
	=	1.50

Oula Fuel Marketing Co KSC (KUW:OULAFUEL) 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.

Oula Fuel Marketing Co KSC Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Oula Fuel Marketing Co KSC's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Oula Fuel Marketing Co KSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oula Fuel Marketing Co KSC (KUW:OULAFUEL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

AlMirqab, Block 3, Kuwait Business Town Tower, Floor 30 and 31, P.O. Box: 29009, Kuwait City, KWT, 13151

Website

https://www.oula1.com

Oula Fuel Marketing Co KSC is engaged in the acquisition, establishment, leasing, operating, and maintenance of petrol stations and their customer service centers. It provides automobile services including changing of oil, car wash, maintenance workshop services and technical check-ups. The operating segments of the company are Fuel marketing and other related services which include the sale of fuel and other related services arising from fuel stations and the Investments operations segment comprises investment in the managed portfolio, managed funds, and term deposits. The company earns majority of its revenue from Fuel marketing and other related services.

Oula Fuel Marketing Co KSC Headlines

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