AL Maather REIT Fund (SAU:4334) Cash-to-Debt : 0.17 (As of Jun. 2024)

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What is AL Maather REIT Fund 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. AL Maather REIT Fund's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.17.

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, AL Maather REIT Fund couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

The historical rank and industry rank for AL Maather REIT Fund's Cash-to-Debt or its related term are showing as below:

SAU:4334' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.34 Max: No Debt
Current: 0.17

During the past 7 years, AL Maather REIT Fund's highest Cash to Debt Ratio was No Debt. The lowest was 0.10. And the median was 0.34.

SAU:4334's Cash-to-Debt is ranked better than
64.18% of 871 companies
in the REITs industry
Industry Median: 0.08 vs SAU:4334: 0.17

AL Maather REIT Fund Cash-to-Debt Historical Data

The historical data trend for AL Maather REIT Fund'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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AL Maather REIT Fund Cash-to-Debt Chart

AL Maather REIT Fund Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.56

0.39

0.51

0.15

0.20

AL Maather REIT Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial									0.10	0.15	0.16	0.20	0.17

Competitive Comparison of AL Maather REIT Fund's Cash-to-Debt

For the REIT - Diversified subindustry, AL Maather REIT Fund'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.

AL Maather REIT Fund's Cash-to-Debt Distribution in the REITs Industry

For the REITs industry and Real Estate sector, AL Maather REIT Fund's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where AL Maather REIT Fund's Cash-to-Debt falls into.

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AL Maather REIT Fund 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.

AL Maather REIT Fund'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)
	=	40.082	/	(22.636	+	177.4)
	=	0.20

AL Maather REIT Fund's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	33.431	/	(23.133	+	176.638)
	=	0.17

AL Maather REIT Fund (SAU:4334) 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.

AL Maather REIT Fund Cash-to-Debt Related Terms

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

AL Maather REIT Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » AL Maather REIT Fund (SAU:4334) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Fahad Road, P.O Box 63762, Bahrain Tower, Olaya, Mezzanine Floor, Riyadh, SAU, 11526

Website

https://www.obic.com.sa

AL Maather REIT Fund is a closed-end real investment fund that aims to invest in real estate assets that can achieve periodic rental income from the Kingdom of Saudi Arabia per the fund's investment plan and to distribute a majority of the fund's net profits annually to its unitholders. It secondarily invests its assets in real estate development projects.

AL Maather REIT Fund Headlines

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