Takween Advanced Industries (SAU:1201) Cash-to-Debt : 0.05 (As of Mar. 2024)

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What is Takween Advanced Industries 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. Takween Advanced Industries's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.05.

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, Takween Advanced Industries 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 Takween Advanced Industries's Cash-to-Debt or its related term are showing as below:

SAU:1201' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.05 Max: 0.31
Current: 0.05

During the past 13 years, Takween Advanced Industries's highest Cash to Debt Ratio was 0.31. The lowest was 0.01. And the median was 0.05.

SAU:1201's Cash-to-Debt is ranked worse than
93.68% of 380 companies
in the Packaging & Containers industry
Industry Median: 0.4 vs SAU:1201: 0.05

Takween Advanced Industries Cash-to-Debt Historical Data

The historical data trend for Takween Advanced Industries'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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Takween Advanced Industries Cash-to-Debt Chart

Takween Advanced Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.05

0.06

0.05

0.07

0.02

Takween Advanced Industries 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															0.02	0.03	0.02	0.02	0.05

Competitive Comparison of Takween Advanced Industries's Cash-to-Debt

For the Packaging & Containers subindustry, Takween Advanced Industries'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.

Takween Advanced Industries's Cash-to-Debt Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Takween Advanced Industries's Cash-to-Debt distribution charts can be found below:

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

Takween Advanced Industries 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.

Takween Advanced Industries'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)
	=	10.866	/	(695.108	+	40.319)
	=	0.01

Takween Advanced Industries'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)
	=	30.99	/	(535.478	+	36.078)
	=	0.05

Takween Advanced Industries (SAU:1201) 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.

Takween Advanced Industries Cash-to-Debt Related Terms

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

Takween Advanced Industries (SAU:1201) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Takween Advanced Industries (SAU:1201) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Saud Road, 16th Floor, Al Othman Office Towers, P.O. Box 2500, Al-Khobar, SAU, 31952

Website

http://www.takweenai.com

Takween Advanced Industries is an industrial investment company. The company is engaged in the manufacturing and sale of plastic products to a variety of industrial sectors, such as the dairy, foods, juices, and soft drinks industries. The group operates in the business segments namely, Disposable polystyrene cups, lids and other plastic-related products, and Non-woven fabrics. The products of the company include packing products of polystyrene sheet rolls, thermoformed polystyrene cups and lids, polyethylene bottles, and others. It sells its non-woven fabrics to the medical and health sectors. The company generates the majority of its revenue from the plastic products sector.

Takween Advanced Industries (SAU:1201) Headlines

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