Al Yahtellite Communications Co PJSC (ADX:YAHSAT) Cash-to-Debt : 1.28 (As of Dec. 2023)

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What is Al Yahtellite Communications Co 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. Al Yahtellite Communications Co PJSC's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.28.

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, Al Yahtellite Communications Co PJSC 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 Al Yahtellite Communications Co PJSC's Cash-to-Debt or its related term are showing as below:

ADX:YAHSAT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.5 Med: 0.79 Max: 1.28
Current: 1.28

During the past 6 years, Al Yahtellite Communications Co PJSC's highest Cash to Debt Ratio was 1.28. The lowest was 0.50. And the median was 0.79.

ADX:YAHSAT's Cash-to-Debt is ranked better than
70.03% of 387 companies
in the Telecommunication Services industry
Industry Median: 0.37 vs ADX:YAHSAT: 1.28

Al Yahtellite Communications Co PJSC Cash-to-Debt Historical Data

The historical data trend for Al Yahtellite Communications Co 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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Al Yahtellite Communications Co PJSC Cash-to-Debt Chart

Al Yahtellite Communications Co PJSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.72

0.83

0.75

1.03

1.28

Al Yahtellite Communications Co PJSC Quarterly Data
	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial												1.03	1.03	1.29	1.35	1.28

Competitive Comparison of Al Yahtellite Communications Co PJSC's Cash-to-Debt

For the Telecom Services subindustry, Al Yahtellite Communications Co 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.

Al Yahtellite Communications Co PJSC's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Al Yahtellite Communications Co PJSC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Al Yahtellite Communications Co PJSC's Cash-to-Debt falls into.

Al Yahtellite Communications Co 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.

Al Yahtellite Communications Co 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)
	=	2064.466	/	(230.486	+	1388.196)
	=	1.28

Al Yahtellite Communications Co 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)
	=	2064.466	/	(230.486	+	1388.196)
	=	1.28

Al Yahtellite Communications Co PJSC (ADX:YAHSAT) 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 Yahtellite Communications Co PJSC Cash-to-Debt Related Terms

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

Al Yahtellite Communications Co PJSC (ADX:YAHSAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Al Yah Satellite Communications Co PJSC (ADX:YAHSAT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abu Dhabi, Al Falah City, ARE

Website

https://www.yahsat.com

Al Yah Satellite Communications Co PJSC is a fixed and mobile satellite services operator offering integrated satellite communications solutions to over 150 countries across Europe, the Middle East, Africa, South America, Asia, and Australasia. It provides multipurpose satellite solutions to both government and commercial for broadband, broadcast, defense, and communications. The segments include the Infrastructure segment, Managed Solutions segment, Mobility Solutions segment, Data Solutions (BCS) segment, and Others. The majority is from the Infrastructure segment, which provides long-term satellite capacity leases, and satellite operation services. Geographically, it generates the majority of its revenue from the United Arab Emirates.

Al Yahtellite Communications Co PJSC (ADX:YAHSAT) Headlines

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