Muscat Finance CoOG (MUS:MFCI) Cash-to-Debt : 0.05 (As of Dec. 2022)

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What is Muscat Finance 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. Muscat Finance CoOG's cash to debt ratio for the quarter that ended in Dec. 2022 was 0.05.

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, Muscat Finance CoOG couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

MUS:MFCI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.05
Current: 0.05

During the past 13 years, Muscat Finance CoOG's highest Cash to Debt Ratio was 0.05. The lowest was 0.02. And the median was 0.03.

MUS:MFCI's Cash-to-Debt is ranked worse than
76.79% of 504 companies
in the Credit Services industry
Industry Median: 0.23 vs MUS:MFCI: 0.05

Muscat Finance CoOG Cash-to-Debt Historical Data

The historical data trend for Muscat Finance 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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Muscat Finance CoOG Cash-to-Debt Chart

Muscat Finance CoOG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.04

0.02

0.03

0.05

Muscat Finance CoOG Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Dec22	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.03	0.03	0.05	0.05

Competitive Comparison of Muscat Finance CoOG's Cash-to-Debt

For the Credit Services subindustry, Muscat Finance 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.

Muscat Finance CoOG's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Muscat Finance CoOG's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Muscat Finance CoOG's Cash-to-Debt falls into.

Muscat Finance CoOG Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Muscat Finance CoOG's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	2.002	/	(0	+	37.547)
	=	0.05

Muscat Finance CoOG's Cash to Debt Ratio for the quarter that ended in Dec. 2022 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1.824	/	(0	+	38.202)
	=	0.05

Muscat Finance CoOG (MUS:MFCI) 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.

Muscat Finance CoOG Cash-to-Debt Related Terms

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

Muscat Finance CoOG (MUS:MFCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Muscat Finance Co Ltd SAOG (MUS:MFCI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 888, Ruwi, Muscat, OMN, 112

Website

https://www.muscatfinance.com

Muscat Finance Co Ltd SAOG operates as a non-banking finance company. The company provides financing of vehicles, equipment, warehouse financing, and plant and machinery to businesses in the form of financial leasing. The company also provides short-term finance in the form of factoring of receivables. The company provides loans to individual customers for purchasing vehicles and consumer durables for their personal use. The company's products include hire purchase financing, equipment leasing, debt factoring, working capital financing, and consumer durable loans. All of the operations of the company are carried out in the Sultanate of Oman.

Muscat Finance CoOG (MUS:MFCI) Headlines

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