Oman Packaging CoOG (MUS:OPCI) Cash-to-Debt : 0.13 (As of Mar. 2024)

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What is Oman Packaging 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. Oman Packaging CoOG's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.13.

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, Oman Packaging CoOG couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

MUS:OPCI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.11 Max: 2.09
Current: 0.13

During the past 13 years, Oman Packaging CoOG's highest Cash to Debt Ratio was 2.09. The lowest was 0.04. And the median was 0.11.

MUS:OPCI's Cash-to-Debt is ranked worse than
73.13% of 387 companies
in the Packaging & Containers industry
Industry Median: 0.4 vs MUS:OPCI: 0.13

Oman Packaging CoOG Cash-to-Debt Historical Data

The historical data trend for Oman Packaging 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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Oman Packaging CoOG Cash-to-Debt Chart

Oman Packaging CoOG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.79

2.09

0.29

0.20

0.56

Oman Packaging CoOG 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															0.04	0.13	0.04	0.56	0.13

Competitive Comparison of Oman Packaging CoOG's Cash-to-Debt

For the Packaging & Containers subindustry, Oman Packaging 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.

Oman Packaging CoOG's Cash-to-Debt Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Oman Packaging CoOG's Cash-to-Debt distribution charts can be found below:

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

Oman Packaging 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.

Oman Packaging 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)
	=	0.55	/	(0.724	+	0.254)
	=	0.56

Oman Packaging CoOG'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)
	=	0.122	/	(0.679	+	0.268)
	=	0.13

Oman Packaging CoOG (MUS:OPCI) 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.

Oman Packaging CoOG Cash-to-Debt Related Terms

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

Oman Packaging CoOG (MUS:OPCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Oman Packaging Co SAOG (MUS:OPCI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rusayl Industrial Estate, P.O.Box.99, Sultanate of Oman, Muscat, OMN, 124

Website

https://www.omanipackaging.com

Oman Packaging Co SAOG is engaged in the manufacturing and selling of various types of paper packaging materials. Its product range includes corrugated boxes and a variety of cartons including regular slotted carton, die-cut wrap-around, telescopic top and bottom, single face corrugated rolls for cushioning and protection, and wax-lined cartons for frozen products. The company offers its products to industrial, agriculture and household sector. It sells the products in Oman and also exports to the Gulf Cooperation Council and Asian countries, of which the majority of the revenue is generated from sales made in Oman.

Oman Packaging CoOG (MUS:OPCI) Headlines

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