Gulf Mushroom Products CoOG (MUS:GMPI) Cash-to-Debt : 0.07 (As of Dec. 2023)

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What is Gulf Mushroom Products CoOG 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. Gulf Mushroom Products CoOG's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.07.

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, Gulf Mushroom Products CoOG couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Gulf Mushroom Products CoOG's Cash-to-Debt or its related term are showing as below:

MUS:GMPI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.16
Current: 0.07

During the past 13 years, Gulf Mushroom Products CoOG's highest Cash to Debt Ratio was 0.16. The lowest was 0.00. And the median was 0.02.

MUS:GMPI's Cash-to-Debt is ranked worse than
84.2% of 1874 companies
in the Consumer Packaged Goods industry
Industry Median: 0.51 vs MUS:GMPI: 0.07

Gulf Mushroom Products CoOG Cash-to-Debt Historical Data

The historical data trend for Gulf Mushroom Products CoOG'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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Gulf Mushroom Products CoOG Cash-to-Debt Chart

Gulf Mushroom Products CoOG Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec22

Dec23

Cash-to-Debt

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0.02

N/A

0.07

Gulf Mushroom Products CoOG Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Jun19	Sep19	Jun20	Sep20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															N/A	0.11	0.06	0.06	0.07

Competitive Comparison of Gulf Mushroom Products CoOG's Cash-to-Debt

For the Farm Products subindustry, Gulf Mushroom Products CoOG'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.

Gulf Mushroom Products CoOG's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gulf Mushroom Products CoOG's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Gulf Mushroom Products CoOG's Cash-to-Debt falls into.

Gulf Mushroom Products CoOG 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.

Gulf Mushroom Products CoOG'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)
	=	0.356	/	(1.391	+	3.66)
	=	0.07

Gulf Mushroom Products CoOG'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)
	=	0.356	/	(1.391	+	3.66)
	=	0.07

Gulf Mushroom Products CoOG (MUS:GMPI) 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.

Gulf Mushroom Products CoOG Cash-to-Debt Related Terms

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

Gulf Mushroom Products CoOG (MUS:GMPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gulf Mushroom Products Co SAOG (MUS:GMPI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Post Box 383, Barka, OMN, 320

Website

http://www.gulfmushroom.com

Gulf Mushroom Products Co SAOG is engaged in the cultivation, processing, and marketing of mushrooms. The company's products are marketed under the name Gulf Fresh and include fresh white mushrooms, baby mushrooms, giant fresh mushrooms, brown mushrooms, and portabella mushroom. It markets through a network of distributors located in the Middle East markets, such as Dubai, Qatar, Bahrain, Kuwait and Saudi Arabia.

Gulf Mushroom Products CoOG (MUS:GMPI) Headlines

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