AlJazira Mawten (REIT) (SAU:4331) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2024)

View and export this data going back to 2017. Start your Free Trial

What is AlJazira Mawten (REIT) 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. AlJazira Mawten (REIT)'s cash to debt ratio for the quarter that ended in Jun. 2024 was No Debt ⁽¹⁾.

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, AlJazira Mawten (REIT) could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

(1) 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.

The historical rank and industry rank for AlJazira Mawten (REIT)'s Cash-to-Debt or its related term are showing as below:

SAU:4331' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 7 years, AlJazira Mawten (REIT)'s highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

SAU:4331's Cash-to-Debt is ranked better than
99.89% of 873 companies
in the REITs industry
Industry Median: 0.08 vs SAU:4331: No Debt

AlJazira Mawten (REIT) Cash-to-Debt Historical Data

The historical data trend for AlJazira Mawten (REIT)'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.

* Premium members only.

AlJazira Mawten (REIT) Cash-to-Debt Chart

AlJazira Mawten (REIT) Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

N/A

No Debt

AlJazira Mawten (REIT) Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial										No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of AlJazira Mawten (REIT)'s Cash-to-Debt

For the REIT - Industrial subindustry, AlJazira Mawten (REIT)'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.

AlJazira Mawten (REIT)'s Cash-to-Debt Distribution in the REITs Industry

For the REITs industry and Real Estate sector, AlJazira Mawten (REIT)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where AlJazira Mawten (REIT)'s Cash-to-Debt falls into.

Save Embed

;

Save Embed

;

AlJazira Mawten (REIT) 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.

AlJazira Mawten (REIT)'s Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

AlJazira Mawten (REIT) had no debt ⁽¹⁾.

AlJazira Mawten (REIT)'s Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

AlJazira Mawten (REIT) had no debt ⁽¹⁾.

AlJazira Mawten (REIT) (SAU:4331) 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.

AlJazira Mawten (REIT) Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of AlJazira Mawten (REIT)'s Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

AlJazira Mawten (REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » AlJazira Mawten (REIT) (SAU:4331) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Fahd Road, P.O. Box 20438, Al Riyadh, SAU, 11455

Website

https://www.aljaziracapital.com.sa

AlJazira Mawten (REIT) is a Shariah-compliant real estate investment traded fund. The main investment objective of the fund is to invest in structurally developed real estate that generates periodic income and has invested mainly in warehouses in Jeddah.

AlJazira Mawten (REIT) Headlines

No Headlines

AlJazira Mawten (REIT) (SAU:4331) Cash-to-Debt : No Debt (1) (As of Jun. 2024)