Shell Oman Marketing CoOG (MUS:SOMS) Cash-to-Debt : 0.16 (As of Mar. 2024)

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What is Shell Oman Marketing 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. Shell Oman Marketing CoOG's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.16.

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, Shell Oman Marketing 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 Shell Oman Marketing CoOG's Cash-to-Debt or its related term are showing as below:

MUS:SOMS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.36 Max: 1.8
Current: 0.16

During the past 13 years, Shell Oman Marketing CoOG's highest Cash to Debt Ratio was 1.80. The lowest was 0.07. And the median was 0.36.

MUS:SOMS's Cash-to-Debt is ranked worse than
74.1% of 1023 companies
in the Oil & Gas industry
Industry Median: 0.47 vs MUS:SOMS: 0.16

Shell Oman Marketing CoOG Cash-to-Debt Historical Data

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

Shell Oman Marketing CoOG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.18

0.12

0.26

0.15

0.07

Shell Oman Marketing 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															0.13	0.25	0.15	0.07	0.16

Competitive Comparison of Shell Oman Marketing CoOG's Cash-to-Debt

For the Oil & Gas Refining & Marketing subindustry, Shell Oman Marketing 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.

Shell Oman Marketing CoOG's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Shell Oman Marketing CoOG's Cash-to-Debt distribution charts can be found below:

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

Shell Oman Marketing 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.

Shell Oman Marketing 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)
	=	3.997	/	(18.081	+	37.397)
	=	0.07

Shell Oman Marketing 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)
	=	11.053	/	(31.839	+	37.842)
	=	0.16

Shell Oman Marketing CoOG (MUS:SOMS) 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.

Shell Oman Marketing CoOG Cash-to-Debt Related Terms

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

Shell Oman Marketing CoOG (MUS:SOMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Shell Oman Marketing Co SAOG (MUS:SOMS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mina Al-Fahal, P.O. Box 38, Muscat, OMN, 116

Website

https://www.shelloman.com.om

Shell Oman Marketing Co SAOG is engaged in the marketing and distribution of petroleum products and blending of lubricants. The company provides services and sells a wide range of Shell automotive, aviation and marine products, including fuels, lubricants, and greases.

Shell Oman Marketing CoOG (MUS:SOMS) Headlines

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