Emaar the Economic City JSC (SAU:4220) Cash-to-Debt : 0.03 (As of Dec. 2023)

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What is Emaar the Economic City JSC 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. Emaar the Economic City JSC's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.03.

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, Emaar the Economic City JSC couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Emaar the Economic City JSC's Cash-to-Debt or its related term are showing as below:

SAU:4220' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 0.47
Current: 0.03

During the past 13 years, Emaar the Economic City JSC's highest Cash to Debt Ratio was 0.47. The lowest was 0.01. And the median was 0.06.

SAU:4220's Cash-to-Debt is ranked worse than
87.4% of 1793 companies
in the Real Estate industry
Industry Median: 0.25 vs SAU:4220: 0.03

Emaar the Economic City JSC Cash-to-Debt Historical Data

The historical data trend for Emaar the Economic City JSC'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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Emaar the Economic City JSC Cash-to-Debt Chart

Emaar the Economic City JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.04

0.02

0.04

0.01

0.03

Emaar the Economic City JSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.03	0.04	0.05	0.03

Competitive Comparison of Emaar the Economic City JSC's Cash-to-Debt

For the Real Estate - Development subindustry, Emaar the Economic City JSC'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.

Emaar the Economic City JSC's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Emaar the Economic City JSC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Emaar the Economic City JSC's Cash-to-Debt falls into.

Emaar the Economic City JSC 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.

Emaar the Economic City JSC'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)
	=	179.077	/	(6955.732	+	32.794)
	=	0.03

Emaar the Economic City JSC's Cash to Debt Ratio for the quarter 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)
	=	179.077	/	(6955.732	+	32.794)
	=	0.03

Emaar the Economic City JSC (SAU:4220) 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.

Emaar the Economic City JSC Cash-to-Debt Related Terms

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

Emaar the Economic City JSC (SAU:4220) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Emaar the Economic City JSC (SAU:4220) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Abdullah Economic City, Rabigh, SAU

Website

https://www.kaec.net

Emaar the Economic City JSC is a real estate development and management company. The main activity of the company is the development of the King Abdullah Economic City (KAEC). It is also engaged in the development of real estate in the economic and other zones and other development activities, including infrastructures, promotion, marketing and sale of land within development areas, development of buildings and housing units, and construction on behalf of other parties.

Emaar the Economic City JSC (SAU:4220) Headlines

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