Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) Cash-to-Debt : 0.08 (As of Dec. 2024)

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What is Heavy Engineering Industries and Shipbuilding 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. Heavy Engineering Industries and Shipbuilding Co KSC's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.08.

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, Heavy Engineering Industries and Shipbuilding Co KSC couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

The historical rank and industry rank for Heavy Engineering Industries and Shipbuilding Co KSC's Cash-to-Debt or its related term are showing as below:

KUW:SHIP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.13 Max: 0.17
Current: 0.08

During the past 13 years, Heavy Engineering Industries and Shipbuilding Co KSC's highest Cash to Debt Ratio was 0.17. The lowest was 0.08. And the median was 0.13.

KUW:SHIP's Cash-to-Debt is ranked worse than
89.02% of 1722 companies
in the Construction industry
Industry Median: 0.66 vs KUW:SHIP: 0.08

Heavy Engineering Industries and Shipbuilding Co KSC Cash-to-Debt Historical Data

The historical data trend for Heavy Engineering Industries and Shipbuilding 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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Heavy Engineering Industries and Shipbuilding Co KSC Cash-to-Debt Chart

Heavy Engineering Industries and Shipbuilding Co KSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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0.10

0.14

0.15

0.17

0.08

Heavy Engineering Industries and Shipbuilding Co KSC Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.17	0.22	0.18	0.16	0.08

Competitive Comparison of Heavy Engineering Industries and Shipbuilding Co KSC's Cash-to-Debt

For the Engineering & Construction subindustry, Heavy Engineering Industries and Shipbuilding 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.

Heavy Engineering Industries and Shipbuilding Co KSC's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Heavy Engineering Industries and Shipbuilding Co KSC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Heavy Engineering Industries and Shipbuilding Co KSC's Cash-to-Debt falls into.

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Heavy Engineering Industries and Shipbuilding 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.

Heavy Engineering Industries and Shipbuilding Co KSC's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	3.353	/	(39.902	+	2.242)
	=	0.08

Heavy Engineering Industries and Shipbuilding Co KSC's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	3.353	/	(39.902	+	2.242)
	=	0.08

Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) 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.

Heavy Engineering Industries and Shipbuilding Co KSC Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Heavy Engineering Industries and Shipbuilding Co KSC's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Heavy Engineering Industries and Shipbuilding Co KSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shuwaik Port, Gate No.7, P.O. Box 21998, Safat, Kuwait, KWT, 13080

Website

https://www.heisco.com

Heavy Engineering Industries and Shipbuilding Co KSC is a Engineering, Procurement and Construction (EPC) Contracting company based in Kuwait with a diversified range of business in Oil and Gas, Petrochemicals, Power, Pressure Equipment Manufacturing, Shipbuilding & Repair, Dredging & Marine Construction, Civil Construction, Maintenance and other industrial services including Heavy Industry projects. The company offers a wide ranging fields of activities such as Shipyard Operations, Oil & Gas Construction Operations, Industrial Maintenance Operations, Fabrication Services Operations, Trading Operations, Testing & Calibration, Quality Control & Testing, etc.