Amana Cooperative Insurance Co (SAU:8310) Cash-to-Debt

: No Debt ⁽¹⁾ (As of Dec. 2023)

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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. Amana Cooperative Insurance Co's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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, Amana Cooperative Insurance Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

The historical rank and industry rank for Amana Cooperative Insurance Co's Cash-to-Debt or its related term are showing as below:

SAU:8310' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Amana Cooperative Insurance Co's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

SAU:8310's Cash-to-Debt is ranked better than
99.59% of 484 companies
in the Insurance industry
Industry Median: 1.85 vs SAU:8310: No Debt

Amana Cooperative Insurance Co Cash-to-Debt Historical Data

The historical data trend for Amana Cooperative Insurance 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.

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Amana Cooperative Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

Amana Cooperative Insurance Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Cash-to-Debt																No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison

For the Insurance - Diversified subindustry, Amana Cooperative Insurance 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.

Amana Cooperative Insurance Co Cash-to-Debt Distribution

For the Insurance industry and Financial Services sector, Amana Cooperative Insurance Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Amana Cooperative Insurance Co's Cash-to-Debt falls into.

Amana Cooperative Insurance Co Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Amana Cooperative Insurance Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Amana Cooperative Insurance Co had no debt ⁽¹⁾.

Amana Cooperative Insurance Co's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Amana Cooperative Insurance Co had no debt ⁽¹⁾.

Amana Cooperative Insurance Co (SAU:8310) 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.

Amana Cooperative Insurance Co Cash-to-Debt Related Terms

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Amana Cooperative Insurance Co (SAU:8310) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Amana Cooperative Insurance Co (SAU:8310) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Salah-Uddin Al-Ayubi Street, P.O.Box: 27986, Riyadh, SAU, 11427

Website

https://www.amana-coop.com.sa

Amana Cooperative Insurance Co provides insurance products and services in Saudi Arabia. The company's portfolio includes products covering health, motor, property, fire, marine, engineering, and other specialized insurance.

Amana Cooperative Insurance Co (SAU:8310) Headlines

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