National Mineral Water CoOG (MUS:NMWI) Cash-to-Debt : -0.42 (As of Jun. 2024)

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What is National Mineral Water 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. National Mineral Water CoOG's cash to debt ratio for the quarter that ended in Jun. 2024 was -0.42.

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, National Mineral Water CoOG couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

MUS:NMWI' s Cash-to-Debt Range Over the Past 10 Years
Min: -0.42 Med: 0 Max: 0.27
Current: -0.42

During the past 13 years, National Mineral Water CoOG's highest Cash to Debt Ratio was 0.27. The lowest was -0.42. And the median was 0.00.

MUS:NMWI's Cash-to-Debt is not ranked
in the Beverages - Non-Alcoholic industry.
Industry Median: 0.76 vs MUS:NMWI: -0.42

National Mineral Water CoOG Cash-to-Debt Historical Data

The historical data trend for National Mineral Water 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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National Mineral Water CoOG Cash-to-Debt Chart

National Mineral Water CoOG Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec22

Dec23

Cash-to-Debt

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0.02

0.18

-0.34

-0.36

National Mineral Water CoOG Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															-0.36	-0.34	-0.36	-0.42	-0.42

Competitive Comparison of National Mineral Water CoOG's Cash-to-Debt

For the Beverages - Non-Alcoholic subindustry, National Mineral Water 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.

National Mineral Water CoOG's Cash-to-Debt Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, National Mineral Water CoOG's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where National Mineral Water CoOG's Cash-to-Debt falls into.

National Mineral Water 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.

National Mineral Water 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)
	=	-0.793	/	(1.737	+	0.478)
	=	-0.36

National Mineral Water CoOG's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	-0.836	/	(1.575	+	0.404)
	=	-0.42

National Mineral Water CoOG (MUS:NMWI) 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.

National Mineral Water CoOG Cash-to-Debt Related Terms

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

National Mineral Water CoOG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » National Mineral Water Co SAOG (MUS:NMWI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 2740, Ruwi, Muscat, OMN, 112

Website

https://www.nmwcoman.com

National Mineral Water Co SAOG is an Oman-based company. It is engaged in investment, agency business, import, export, trading in food and non-food products, recycling of polyethylene terephthalate (PET) bottles, and manufacturing of value added PET related products. The company receives maximum revenue from manufacturing. The company operates in two product segments that are Bottled Water and Traded/co-manufactured Products.

National Mineral Water CoOG Headlines

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