Ooredoo (MUS:ORDS) Cash-to-Debt : 0.07 (As of Dec. 2023)

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What is Ooredoo 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. Ooredoo'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, Ooredoo 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 Ooredoo's Cash-to-Debt or its related term are showing as below:

MUS:ORDS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.56 Max: 3.6
Current: 0.07

During the past 13 years, Ooredoo's highest Cash to Debt Ratio was 3.60. The lowest was 0.03. And the median was 0.56.

MUS:ORDS's Cash-to-Debt is ranked worse than
82.59% of 379 companies
in the Telecommunication Services industry
Industry Median: 0.35 vs MUS:ORDS: 0.07

Ooredoo Cash-to-Debt Historical Data

The historical data trend for Ooredoo'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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Ooredoo Cash-to-Debt Chart

Ooredoo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.99

0.22

0.03

0.05

0.07

Ooredoo Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Cash-to-Debt	Get a 7-Day Free Trial										0.99	0.22	0.03	0.05	0.07

Competitive Comparison of Ooredoo's Cash-to-Debt

For the Telecom Services subindustry, Ooredoo'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.

Ooredoo's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Ooredoo's Cash-to-Debt distribution charts can be found below:

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

Ooredoo 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.

Ooredoo'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)
	=	3.422	/	(22.348	+	29.239)
	=	0.07

Ooredoo'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)
	=	3.422	/	(22.348	+	29.239)
	=	0.07

Ooredoo (MUS:ORDS) 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.

Ooredoo Cash-to-Debt Related Terms

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Ooredoo (MUS:ORDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Ooredoo (MUS:ORDS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Central Post Office, P.O. Box 874, Tilal Building, Muscat, OMN, 111

Website

https://www.ooredoo.om

Ooredoo is an Oman-based company operating in the telecom industry. Its principal activities are the operation, maintenance, and development of mobile and fixed telecommunications services in the Sultanate of Oman. The company operates through two business segments, namely Mobile and Fixed-line. The Mobile segment is engaged in the operation of a global system for mobile communication for pre-paid and post-paid services, the sale of telecommunication equipment, and other associated services. The Fixed-line segment is involved in the provision of international and national voice and data services from fixed lines, the sale of telecommunication equipment, and other associated services. It derives a majority of the revenue from the Mobile segment.

Ooredoo (MUS:ORDS) Headlines

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