Total Kenya (NAI:TOTL) Cash-to-Debt : 1.28 (As of Jun. 2023)

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What is Total Kenya 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. Total Kenya's cash to debt ratio for the quarter that ended in Jun. 2023 was 1.28.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Total Kenya could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

NAI:TOTL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 1.24 Max: No Debt
Current: 1.23

During the past 13 years, Total Kenya's highest Cash to Debt Ratio was No Debt. The lowest was 0.07. And the median was 1.24.

NAI:TOTL's Cash-to-Debt is ranked better than
63.54% of 1023 companies
in the Oil & Gas industry
Industry Median: 0.47 vs NAI:TOTL: 1.23

Total Kenya Cash-to-Debt Historical Data

The historical data trend for Total Kenya'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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Total Kenya Cash-to-Debt Chart

Total Kenya Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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2.05

8.27

8.62

1.26

1.23

Total Kenya Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															8.62	9.78	1.26	1.28	1.23

Competitive Comparison of Total Kenya's Cash-to-Debt

For the Oil & Gas Refining & Marketing subindustry, Total Kenya'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.

Total Kenya's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Total Kenya's Cash-to-Debt distribution charts can be found below:

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

Total Kenya 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.

Total Kenya'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)
	=	7878.221	/	(5698.829	+	700.729)
	=	1.23

Total Kenya's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	13275.013	/	(9622.523	+	736.438)
	=	1.28

Total Kenya (NAI:TOTL) 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.

Total Kenya Cash-to-Debt Related Terms

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