Express Kenya (NAI:XPRS) Cash-to-Debt : 0.00 (As of Dec. 2021)

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What is Express 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. Express Kenya's cash to debt ratio for the quarter that ended in Dec. 2021 was 0.00.

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, Express Kenya couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2021.

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

NAI:XPRS's Cash-to-Debt is not ranked ^*
in the Transportation industry.
Industry Median: 0.49
* Ranked among companies with meaningful Cash-to-Debt only.

Express Kenya Cash-to-Debt Historical Data

The historical data trend for Express 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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Express Kenya Cash-to-Debt Chart

Express Kenya Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

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0.01

Express Kenya Semi-Annual Data
	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21
Cash-to-Debt	Get a 7-Day Free Trial						0.01	0.01	0.01	-	-

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

For the Integrated Freight & Logistics subindustry, Express 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.

Express Kenya's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Express Kenya's Cash-to-Debt distribution charts can be found below:

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

Express 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.

Express Kenya's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 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)
	=	0.302	/	(14.398	+	269.448)
	=	0.00

Express Kenya's Cash to Debt Ratio for the quarter that ended in Dec. 2021 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)
	=	0.302	/	(14.398	+	269.448)
	=	0.00

Express Kenya (NAI:XPRS) 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.

Express Kenya Cash-to-Debt Related Terms

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Express Kenya (NAI:XPRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Express Kenya PLC (NAI:XPRS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road A, Off Enterprise Road, Industrial Area, P.O. Box 40433, Express House, Nairobi, KEN, 00100

Website

http://www.expresskenya.co.ke

Express Kenya PLC engages in the provision of clearing and forwarding services for both air and sea, as well as logistics services. It operates through the following segments: Clearing and Forwarding, Warehousing, and Real Estate. The Clearing and Forwarding segment includes the distribution of products to various parts of the country. The Warehousing segment which accounts for the majority of revenue comprises the storage of customers' goods in the warehousing facility. The Real Estate segment consists of the development of properties.

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