United Finance CoOG (MUS:UFCI) Cash-to-Debt : 0.01 (As of Mar. 2023)

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What is United 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. United Finance CoOG's cash to debt ratio for the quarter that ended in Mar. 2023 was 0.01.

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, United Finance CoOG couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

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

MUS:UFCI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.04
Current: 0.04

During the past 13 years, United Finance CoOG's highest Cash to Debt Ratio was 0.04. The lowest was 0.01. And the median was 0.03.

MUS:UFCI's Cash-to-Debt is ranked worse than
79.5% of 517 companies
in the Credit Services industry
Industry Median: 0.22 vs MUS:UFCI: 0.04

United Finance CoOG Cash-to-Debt Historical Data

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

United Finance CoOG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.02

0.03

0.04

United Finance CoOG Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.03	0.02	0.04	0.01	0.04

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

For the Credit Services subindustry, United 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.

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

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

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

United 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.

United 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)
	=	1.802	/	(0	+	43.408)
	=	0.04

United Finance CoOG's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	0.388	/	(0	+	43.359)
	=	0.01

United Finance CoOG (MUS:UFCI) 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.

United Finance CoOG Cash-to-Debt Related Terms

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

United Finance CoOG Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ruwi, P.O Box 3652, Muscat, OMN, 112

Website

https://www.ufcoman.com

United Finance Co SAOG is engaged in providing vehicle and equipment financing. The operating segments of the group are Corporate and Retail. It is also licensed to provide composite loans, bridge loans, hire purchases, debt factoring, and financing of receivables and leasing in the Sultanate of Oman. The company offers a wide range of financing products, corporate deposits, and Bancassurance.

United Finance CoOG Headlines

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