Catering International Services (XPAR:ALCIS) Cash-to-Debt : 1.23 (As of Dec. 2023)

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What is Catering International Services 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. Catering International Services's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.23.

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, Catering International Services could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Catering International Services's Cash-to-Debt or its related term are showing as below:

XPAR:ALCIS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.67 Med: 1.22 Max: 8.63
Current: 1.23

During the past 13 years, Catering International Services's highest Cash to Debt Ratio was 8.63. The lowest was 0.67. And the median was 1.22.

XPAR:ALCIS's Cash-to-Debt is ranked better than
53.38% of 1064 companies
in the Business Services industry
Industry Median: 1 vs XPAR:ALCIS: 1.23

Catering International Services Cash-to-Debt Historical Data

The historical data trend for Catering International Services'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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Catering International Services Cash-to-Debt Chart

Catering International Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.01

0.67

0.74

1.21

1.23

Catering International Services Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.74	0.53	1.21	1.99	1.23

Competitive Comparison of Catering International Services's Cash-to-Debt

For the Specialty Business Services subindustry, Catering International Services'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.

Catering International Services's Cash-to-Debt Distribution in the Business Services Industry

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

* The bar in red indicates where Catering International Services's Cash-to-Debt falls into.

Catering International Services 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.

Catering International Services'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)
	=	56.048	/	(15.306	+	30.256)
	=	1.23

Catering International Services'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)
	=	56.048	/	(15.306	+	30.256)
	=	1.23

Catering International Services (XPAR:ALCIS) 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.

Catering International Services Cash-to-Debt Related Terms

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

Catering International Services (XPAR:ALCIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Catering International Services (XPAR:ALCIS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

8WG:Germany

Address

40 C, avenue de Hambourg BP 184, Marseille, FRA, 13008

Website

https://www.cis-catering.com

Catering International Services is engaged in the business of providing catering accommodations and facilities management services for companies operating in difficult environments. The company is engaged in promoting the socio-economic development of local populations in countries where it operates and also integrated services with its core business. Its services portfolio consists of transport and supply, construction, engineering, multi-technical maintenance, waste management, housekeeping, collection, laundry etc. The company has Africa, Asia, Oceania, Middle East, South America and Commonwealth of independent states geographic segments. It derives the majority of its revenue from Africa segment.

Catering International Services (XPAR:ALCIS) Headlines

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