Al-Jouf Agriculture Development Co (SAU:6070) Cash-to-Debt : 0.12 (As of Sep. 2024)

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

What is Al-Jouf Agriculture Development Co 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-Jouf Agriculture Development Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.12.

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-Jouf Agriculture Development Co couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for Al-Jouf Agriculture Development Co's Cash-to-Debt or its related term are showing as below:

SAU:6070' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 2.98 Max: No Debt
Current: 0.12

During the past 13 years, Al-Jouf Agriculture Development Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.07. And the median was 2.98.

SAU:6070's Cash-to-Debt is ranked worse than
76.48% of 1871 companies
in the Consumer Packaged Goods industry
Industry Median: 0.51 vs SAU:6070: 0.12

Al-Jouf Agriculture Development Co Cash-to-Debt Historical Data

The historical data trend for Al-Jouf Agriculture Development Co'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.

Al-Jouf Agriculture Development Co Cash-to-Debt Chart

Al-Jouf Agriculture Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

6.05

4.63

2.42

0.28

0.07

Al-Jouf Agriculture Development Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.07	0.07	0.10	0.12	0.12

Competitive Comparison of Al-Jouf Agriculture Development Co's Cash-to-Debt

For the Farm Products subindustry, Al-Jouf Agriculture Development Co'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-Jouf Agriculture Development Co's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Al-Jouf Agriculture Development Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Al-Jouf Agriculture Development Co's Cash-to-Debt falls into.

Al-Jouf Agriculture Development Co 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-Jouf Agriculture Development Co'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)
	=	17.558	/	(27.631	+	221.11)
	=	0.07

Al-Jouf Agriculture Development Co's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	28.682	/	(76.87	+	166.952)
	=	0.12

Al-Jouf Agriculture Development Co (SAU:6070) 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-Jouf Agriculture Development Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Al-Jouf Agriculture Development Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Al-Jouf Agriculture Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Al-Jouf Agriculture Development Co (SAU:6070) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Aljaouf Province, Buseta Center, P.O. Box 321, Sakakah, SAU

Website

https://www.aljouf.com.sa

Al-Jouf Agriculture Development Co is engaged in the production and sale of agricultural products in Saudi Arabia. The company's products include corns, potatoes, forage and fodder crops, watermelons, wheat, onions, barley, and maize; olives and olive oil products; fruits, such as dates, plums, peaches, apricots, grapes, and pears; honey products; and vegetables, including tomatoes, peppers, squashes, cucumbers, and eggplants, as well as operates nurseries to produce seedlings of fruits and olive trees.

Al-Jouf Agriculture Development Co Headlines

No Headlines