Agthia Group PJSC (ADX:AGTHIA) Cash-to-Debt : 0.38 (As of Dec. 2023)

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What is Agthia Group PJSC 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. Agthia Group PJSC's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.38.

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, Agthia Group PJSC couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Agthia Group PJSC's Cash-to-Debt or its related term are showing as below:

ADX:AGTHIA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.38 Med: 1.11 Max: 1.46
Current: 0.38

During the past 13 years, Agthia Group PJSC's highest Cash to Debt Ratio was 1.46. The lowest was 0.38. And the median was 1.11.

ADX:AGTHIA's Cash-to-Debt is ranked worse than
56.59% of 1852 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs ADX:AGTHIA: 0.38

Agthia Group PJSC Cash-to-Debt Historical Data

The historical data trend for Agthia Group PJSC'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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Agthia Group PJSC Cash-to-Debt Chart

Agthia Group PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.03

1.28

0.52

0.42

0.38

Agthia Group PJSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.42	0.35	0.32	0.35	0.38

Competitive Comparison of Agthia Group PJSC's Cash-to-Debt

For the Packaged Foods subindustry, Agthia Group PJSC'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.

Agthia Group PJSC's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Agthia Group PJSC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Agthia Group PJSC's Cash-to-Debt falls into.

Agthia Group PJSC 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.

Agthia Group PJSC'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)
	=	629.958	/	(353.822	+	1304.729)
	=	0.38

Agthia Group PJSC'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)
	=	629.958	/	(353.822	+	1304.729)
	=	0.38

Agthia Group PJSC (ADX:AGTHIA) 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.

Agthia Group PJSC Cash-to-Debt Related Terms

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

Agthia Group PJSC (ADX:AGTHIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Agthia Group PJSC (ADX:AGTHIA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

17th Floor, Sky Tower, P.O. Box 37725, Al Reem Island, Abu Dhabi, ARE

Website

https://www.agthia.com

Agthia Group PJSC is a food and beverage company that sells its products to customers across the UAE, GCC, Turkey, and the wider Middle East. Its product portfolio is categorized into segments, including flour and animal feed, water and beverages, processed fruits and vegetables, and dairy and frozen baked products. The company operates through two businesses: agribusiness, which manages, manufactures, distributes, and markets Grand Mills flour and Agrivita animal feed products; and consumer business, which operates in the food and beverage sector and provides products including bottled drinking water, juices, sauces, and dairy products.

Agthia Group PJSC (ADX:AGTHIA) Headlines

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