Credit Ratingllection KSCC (KUW:TAHSSILAT) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2024)

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What is Credit Ratingllection KSCC 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. Credit Ratingllection KSCC's cash to debt ratio for the quarter that ended in Jun. 2024 was No Debt ⁽¹⁾.

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, Credit Ratingllection KSCC could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

(1) 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.

The historical rank and industry rank for Credit Ratingllection KSCC's Cash-to-Debt or its related term are showing as below:

KUW:TAHSSILAT' s Cash-to-Debt Range Over the Past 10 Years
Min: 509.6 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Credit Ratingllection KSCC's highest Cash to Debt Ratio was No Debt. The lowest was 509.60. And the median was No Debt.

KUW:TAHSSILAT's Cash-to-Debt is ranked better than
99.37% of 791 companies
in the Capital Markets industry
Industry Median: 2.16 vs KUW:TAHSSILAT: No Debt

Credit Ratingllection KSCC Cash-to-Debt Historical Data

The historical data trend for Credit Ratingllection KSCC'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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Credit Ratingllection KSCC Cash-to-Debt Chart

Credit Ratingllection KSCC Annual Data

Trend

Dec11

Dec12

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

Credit Ratingllection KSCC Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Credit Ratingllection KSCC's Cash-to-Debt

For the Capital Markets subindustry, Credit Ratingllection KSCC'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.

Credit Ratingllection KSCC's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Credit Ratingllection KSCC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Credit Ratingllection KSCC's Cash-to-Debt falls into.

Credit Ratingllection KSCC 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.

Credit Ratingllection KSCC's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Credit Ratingllection KSCC had no debt ⁽¹⁾.

Credit Ratingllection KSCC's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Credit Ratingllection KSCC had no debt ⁽¹⁾.

Credit Ratingllection KSCC (KUW:TAHSSILAT) 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.

Credit Ratingllection KSCC Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Credit Ratingllection KSCC's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Credit Ratingllection KSCC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Credit Rating & Collection KSCC (KUW:TAHSSILAT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ahmad Al-Jaber Street, 1st Floor, P.O. Box 1432, Al-Awadi Towers, Tower Number 3, Al-Sharq, Safat, Kuwait, KWT, 13015

Website

https://www.crckt.com

Credit Rating & Collection KSCC is a Kuwait-based company engaged in collecting and purchasing commercial and other debts on behalf of corporate and private clients, Developing, utilizing, and providing tools for collection and purchasing debts of clients and third parties, and Providing Risk Management Services through its Credit Rating Service among other services. Its operating segment includes Investment and Credit rating collection. The company generates maximum revenue from its Investment segment.

Credit Ratingllection KSCC Headlines

No Headlines

Credit Ratingllection KSCC (KUW:TAHSSILAT) Cash-to-Debt : No Debt (1) (As of Jun. 2024)