Arab National Bank (SAU:1080) Cash-to-Debt : 5.22 (As of Mar. 2024)

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What is Arab National Bank 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. Arab National Bank's cash to debt ratio for the quarter that ended in Mar. 2024 was 5.22.

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, Arab National Bank could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Arab National Bank's Cash-to-Debt or its related term are showing as below:

SAU:1080' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.59 Med: 5.33 Max: 13.74
Current: 5.22

During the past 13 years, Arab National Bank's highest Cash to Debt Ratio was 13.74. The lowest was 2.59. And the median was 5.33.

SAU:1080's Cash-to-Debt is ranked better than
81.19% of 1425 companies
in the Banks industry
Industry Median: 1.29 vs SAU:1080: 5.22

Arab National Bank Cash-to-Debt Historical Data

The historical data trend for Arab National Bank'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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Arab National Bank Cash-to-Debt Chart

Arab National Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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3.91

2.59

2.86

4.14

3.29

Arab National Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															4.89	4.04	4.01	3.29	5.22

Competitive Comparison of Arab National Bank's Cash-to-Debt

For the Banks - Regional subindustry, Arab National Bank'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.

Arab National Bank's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Arab National Bank's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Arab National Bank's Cash-to-Debt falls into.

Arab National Bank 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.

Arab National Bank's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	12344.59	/	(0	+	3747.387)
	=	3.29

Arab National Bank's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	14888.859	/	(0	+	2852.256)
	=	5.22

Arab National Bank (SAU:1080) 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.

Arab National Bank Cash-to-Debt Related Terms

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Arab National Bank (SAU:1080) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Arab National Bank (SAU:1080) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Arab National Bank, P.O. Box 56921, Riyadh, SAU, 11564

Website

https://www.anb.com.sa

Arab National Bank is a commercial banking service provider based in Saudi Arabia. Its core business comprises commercial, Islamic, and investment banking services. The company's business is divided into business segments; the Retail banking segment includes Deposit, credit, and investment products for individuals and the Bank's London branch, and the Corporate banking segment includes Loans and advances, deposits, and other credit products for corporate and institutional customers, small to medium-sized businesses.

Arab National Bank (SAU:1080) Headlines

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