Al Razi Medical Co (SAU:9572) Cash-to-Debt : 0.08 (As of Jun. 2024)

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What is Al Razi Medical 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 Razi Medical Co's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.08.

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 Razi Medical 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 Al Razi Medical Co's Cash-to-Debt or its related term are showing as below:

SAU:9572' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.12 Max: 0.29
Current: 0.08

During the past 2 years, Al Razi Medical Co's highest Cash to Debt Ratio was 0.29. The lowest was 0.07. And the median was 0.12.

SAU:9572's Cash-to-Debt is ranked worse than
87.39% of 666 companies
in the Healthcare Providers & Services industry
Industry Median: 0.775 vs SAU:9572: 0.08

Al Razi Medical Co Cash-to-Debt Historical Data

The historical data trend for Al Razi Medical 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.

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Al Razi Medical Co Cash-to-Debt Chart

Al Razi Medical Co Annual Data

Trend

Dec22

Dec23

Cash-to-Debt

0.16

0.07

Al Razi Medical Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	N/A	0.16	0.29	0.07	0.08

Competitive Comparison of Al Razi Medical Co's Cash-to-Debt

For the Pharmaceutical Retailers subindustry, Al Razi Medical 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 Razi Medical Co's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Al Razi Medical Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Al Razi Medical Co's Cash-to-Debt falls into.

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Al Razi Medical 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 Razi Medical 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)
	=	0.7	/	(3.09	+	7.601)
	=	0.07

Al Razi Medical 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)
	=	0.697	/	(1.619	+	7.614)
	=	0.08

Al Razi Medical Co (SAU:9572) 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 Razi Medical Co Cash-to-Debt Related Terms

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Al Razi Medical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Al Razi Medical Co (SAU:9572) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Abdulaziz Road, Al-Khaleej District, Al-Bada'ea, Al-Qassim, Riyadh, SAU

Website

https://www.razi.sa

Al Razi Medical Co operates in the medical field in the Kingdom of Saudi Arabia. The company provides all pharmaceutical and cosmetic products. It engages in buying and selling pharmaceuticals, medical supplies, herbal and cosmetic products, and all related products on a wholesale and retail basis.

Al Razi Medical Co Headlines

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