Saudi Networkers Services Co (SAU:9543) Cash-to-Debt : 0.89 (As of Jun. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Saudi Networkers Services 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. Saudi Networkers Services Co's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.89.

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, Saudi Networkers Services Co 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 Saudi Networkers Services Co's Cash-to-Debt or its related term are showing as below:

SAU:9543' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.29 Med: 0.74 Max: 1.23
Current: 0.89

During the past 3 years, Saudi Networkers Services Co's highest Cash to Debt Ratio was 1.23. The lowest was 0.29. And the median was 0.74.

SAU:9543's Cash-to-Debt is ranked worse than
53.62% of 1050 companies
in the Business Services industry
Industry Median: 1.06 vs SAU:9543: 0.89

Saudi Networkers Services Co Cash-to-Debt Historical Data

The historical data trend for Saudi Networkers Services 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.

Saudi Networkers Services Co Cash-to-Debt Chart

Saudi Networkers Services Co Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

0.52

0.74

1.23

Saudi Networkers Services Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial			N/A	0.74	0.29	1.23	0.89

Competitive Comparison of Saudi Networkers Services Co's Cash-to-Debt

For the Consulting Services subindustry, Saudi Networkers Services 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.

Saudi Networkers Services Co's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Saudi Networkers Services Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Saudi Networkers Services Co's Cash-to-Debt falls into.

Save Embed

;

Save Embed

;

Saudi Networkers Services 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.

Saudi Networkers Services 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)
	=	40.979	/	(31.24	+	2.069)
	=	1.23

Saudi Networkers Services Co'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)
	=	27.862	/	(29.887	+	1.548)
	=	0.89

Saudi Networkers Services Co (SAU:9543) 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.

Saudi Networkers Services Co Cash-to-Debt Related Terms

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

Saudi Networkers Services Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Saudi Networkers Services Co (SAU:9543) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Oruba Street, Al Sulimaniyah, P.O.Box 25141, Riyadh, SAU, 11466

Website

https://www.saudinetworkers.com

Saudi Networkers Services Co provides implementing, establishing, maintaining, operating, installing, and managing telecommunication networks. The Company is also involved in providing consulting, technical, administrative, marketing, customer care services, and technical support for sales centers. Its geographic segments are the Kingdom of Saudi Arabia and Algeria.

Saudi Networkers Services Co Headlines

No Headlines