National International Holding Co KSCC (DFM:NIH) Cash-to-Debt : 7.25 (As of Dec. 2023)

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What is National International Holding Co KSCC 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. National International Holding Co KSCC's cash to debt ratio for the quarter that ended in Dec. 2023 was 7.25.

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, National International Holding Co KSCC 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 National International Holding Co KSCC's Cash-to-Debt or its related term are showing as below:

DFM:NIH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.2 Med: 6.06 Max: No Debt
Current: 7.25

During the past 13 years, National International Holding Co KSCC's highest Cash to Debt Ratio was No Debt. The lowest was 0.20. And the median was 6.06.

DFM:NIH's Cash-to-Debt is ranked better than
51.36% of 1468 companies
in the Asset Management industry
Industry Median: 5.66 vs DFM:NIH: 7.25

National International Holding Co KSCC Cash-to-Debt Historical Data

The historical data trend for National International Holding Co KSCC'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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National International Holding Co KSCC Cash-to-Debt Chart

National International Holding Co KSCC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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4.72

5.41

7.00

5.87

7.25

National International Holding Co KSCC 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															5.87	6.04	6.52	5.85	7.25

Competitive Comparison of National International Holding Co KSCC's Cash-to-Debt

For the Asset Management subindustry, National International Holding Co KSCC'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.

National International Holding Co KSCC's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, National International Holding Co KSCC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where National International Holding Co KSCC's Cash-to-Debt falls into.

National International Holding Co KSCC 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.

National International Holding Co KSCC'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)
	=	205.6	/	(9.721	+	18.641)
	=	7.25

National International Holding Co KSCC'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)
	=	205.6	/	(9.721	+	18.641)
	=	7.25

National International Holding Co KSCC (DFM:NIH) 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.

National International Holding Co KSCC Cash-to-Debt Related Terms

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

National International Holding Co KSCC (DFM:NIH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » National International Holding Co KSCC (DFM:NIH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

NIH:Kuwait

Address

Abdulaziz Al-Saqer Street, Floor 45, Al-Raya Tower 2, PO Box 25825, Safat, Kuwait City, KWT

Website

http://www.nih-kw.com

National International Holding Co KSCC is an investment company that invests in private equity and financial instruments, regionally and globally. The company is engaged in various types of investment activities through a well-diversified investment portfolio spread over several investment sectors basically financial services, real estate, industrial, contracting, information technology, and leisure and tourism. The group has three reportable segments Financial investing activities; Real Estate investing activities and Industrial activities.

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