Kuwait Telecommunications Co KSC (KUW:STC) Cash-to-Debt : 5.01 (As of Mar. 2024)

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What is Kuwait Telecommunications 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. Kuwait Telecommunications Co KSC's cash to debt ratio for the quarter that ended in Mar. 2024 was 5.01.

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, Kuwait Telecommunications Co KSC could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

KUW:STC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 3.25 Max: No Debt
Current: 5.01

During the past 13 years, Kuwait Telecommunications Co KSC's highest Cash to Debt Ratio was No Debt. The lowest was 0.13. And the median was 3.25.

KUW:STC's Cash-to-Debt is ranked better than
83.38% of 379 companies
in the Telecommunication Services industry
Industry Median: 0.35 vs KUW:STC: 5.01

Kuwait Telecommunications Co KSC Cash-to-Debt Historical Data

The historical data trend for Kuwait Telecommunications 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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Kuwait Telecommunications Co KSC Cash-to-Debt Chart

Kuwait Telecommunications Co KSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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3.02

3.59

4.39

2.31

3.20

Kuwait Telecommunications Co KSC 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															3.52	2.78	3.57	3.20	5.01

Competitive Comparison of Kuwait Telecommunications Co KSC's Cash-to-Debt

For the Telecom Services subindustry, Kuwait Telecommunications 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.

Kuwait Telecommunications Co KSC's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Kuwait Telecommunications Co KSC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Kuwait Telecommunications Co KSC's Cash-to-Debt falls into.

Kuwait Telecommunications 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.

Kuwait Telecommunications 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)
	=	101.443	/	(5.75	+	25.939)
	=	3.20

Kuwait Telecommunications Co KSC'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)
	=	108.036	/	(5.75	+	15.813)
	=	5.01

Kuwait Telecommunications Co KSC (KUW:STC) 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.

Kuwait Telecommunications Co KSC Cash-to-Debt Related Terms

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Kuwait Telecommunications Co KSC (KUW:STC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Kuwait Telecommunications Co KSC (KUW:STC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Khansa Street, P.O. Box. 181, Olympia Building, Salmiya, KWT, 22002

Website

https://www.stc.com.kw

Kuwait Telecommunications Co KSC is a telecommunication service provider. The company provides internet access using 4G LTE technology, and 5G technology. The principal activities of the company are to purchase, supply, install, operate, and maintain wireless telecommunication devices and equipment. The company offers numerous opportunities in the fields of telecommunications, entertainment, information, digital, and data transfer services.