Mulkia Gulf Real Estate REIT (SAU:4336) Cash-to-Debt : 0.03 (As of Dec. 2023)

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What is Mulkia Gulf Real Estate 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. Mulkia Gulf Real Estate REIT'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, Mulkia Gulf Real Estate REIT 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 Mulkia Gulf Real Estate REIT's Cash-to-Debt or its related term are showing as below:

SAU:4336' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.18 Max: No Debt
Current: 0.03

During the past 7 years, Mulkia Gulf Real Estate REIT's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 0.18.

SAU:4336's Cash-to-Debt is ranked worse than
72.31% of 809 companies
in the REITs industry
Industry Median: 0.08 vs SAU:4336: 0.03

Mulkia Gulf Real Estate REIT Cash-to-Debt Historical Data

The historical data trend for Mulkia Gulf Real Estate 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.

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Mulkia Gulf Real Estate REIT Cash-to-Debt Chart

Mulkia Gulf Real Estate REIT Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.27

0.45

0.05

0.03

Mulkia Gulf Real Estate REIT Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial								0.05	0.02	0.03	0.23	0.03

Competitive Comparison of Mulkia Gulf Real Estate REIT's Cash-to-Debt

For the REIT - Diversified subindustry, Mulkia Gulf Real Estate 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.

Mulkia Gulf Real Estate REIT's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where Mulkia Gulf Real Estate REIT's Cash-to-Debt falls into.

Mulkia Gulf Real Estate 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.

Mulkia Gulf Real Estate REIT'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)
	=	14.649	/	(0	+	476.968)
	=	0.03

Mulkia Gulf Real Estate REIT'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)
	=	14.649	/	(0	+	476.968)
	=	0.03

Mulkia Gulf Real Estate REIT (SAU:4336) 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.

Mulkia Gulf Real Estate REIT Cash-to-Debt Related Terms

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

Mulkia Gulf Real Estate REIT (SAU:4336) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mulkia Gulf Real Estate REIT (SAU:4336) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Mohammed Ibn Abdulaziz Road (Tahlia Street), P.O. Box 52775, Al-Olaya Area, Aknaz Commercial Center (184), Office (3), Riyadh, SAU, 11573

Website

https://www.mulkia.com.sa

Mulkia Gulf Real Estate REIT is a closed-end real estate investment fund company. The company is engaged in acquiring a number of income generating real estates, which are under four specific real estate assets in major cities within Saudi Arabia.

Mulkia Gulf Real Estate REIT (SAU:4336) Headlines

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