Mohammed Hadi AL Rasheed & Partners Co (SAU:9601) Cash-to-Debt : 1.18 (As of Jun. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Mohammed Hadi AL Rasheed & Partners 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. Mohammed Hadi AL Rasheed & Partners Co's cash to debt ratio for the quarter that ended in Jun. 2024 was 1.18.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Mohammed Hadi AL Rasheed & Partners Co could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

The historical rank and industry rank for Mohammed Hadi AL Rasheed & Partners Co's Cash-to-Debt or its related term are showing as below:

SAU:9601' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 0.47 Max: 1.18
Current: 1.18

During the past 2 years, Mohammed Hadi AL Rasheed & Partners Co's highest Cash to Debt Ratio was 1.18. The lowest was 0.19. And the median was 0.47.

SAU:9601's Cash-to-Debt is ranked worse than
67.6% of 2583 companies
in the Metals & Mining industry
Industry Median: 20.93 vs SAU:9601: 1.18

Mohammed Hadi AL Rasheed & Partners Co Cash-to-Debt Historical Data

The historical data trend for Mohammed Hadi AL Rasheed & Partners 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.

Mohammed Hadi AL Rasheed & Partners Co Cash-to-Debt Chart

Mohammed Hadi AL Rasheed & Partners Co Annual Data

Trend

Dec22

Dec23

Cash-to-Debt

0.19

0.47

Mohammed Hadi AL Rasheed & Partners Co Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	0.19	N/A	0.47	1.18

Competitive Comparison of Mohammed Hadi AL Rasheed & Partners Co's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Mohammed Hadi AL Rasheed & Partners 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.

Mohammed Hadi AL Rasheed & Partners Co's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mohammed Hadi AL Rasheed & Partners Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Mohammed Hadi AL Rasheed & Partners Co's Cash-to-Debt falls into.

Save Embed

;

Save Embed

;

Mohammed Hadi AL Rasheed & Partners 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.

Mohammed Hadi AL Rasheed & Partners 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)
	=	19.808	/	(9.642	+	32.487)
	=	0.47

Mohammed Hadi AL Rasheed & Partners 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)
	=	44.38	/	(10.022	+	27.566)
	=	1.18

Mohammed Hadi AL Rasheed & Partners Co (SAU:9601) 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.

Mohammed Hadi AL Rasheed & Partners Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Mohammed Hadi AL Rasheed & Partners Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Mohammed Hadi AL Rasheed & Partners Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mohammed Hadi AL Rasheed & Partners Co (SAU:9601) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dammam Road, Building No. 2865, Granada District, Riyadh, SAU, 8137-13242

Website

https://www.alrasheedco.com.sa

Mohammed Hadi AL Rasheed & Partners Co is a company whose main activities are operating quarries, rewinding the magnetic core of generators, motors, and electrical transformers, general construction for residential buildings, general construction for non-residential buildings such as schools, hospitals, hotels, etc, also includes the construction of roads, streets, sidewalks, and road supplies, extending pipes of various types for electricity, communications, and others.

Mohammed Hadi AL Rasheed & Partners Co Headlines

No Headlines