Bahrain Car Parks Co (Amakin) BSC (BAH:CPARK) Cash-to-Debt : 11.49 (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Bahrain Car Parks Co (Amakin) BSC 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. Bahrain Car Parks Co (Amakin) BSC's cash to debt ratio for the quarter that ended in Mar. 2024 was 11.49.

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, Bahrain Car Parks Co (Amakin) BSC 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 Bahrain Car Parks Co (Amakin) BSC's Cash-to-Debt or its related term are showing as below:

BAH:CPARK' s Cash-to-Debt Range Over the Past 10 Years
Min: 10.99 Med: 72.11 Max: No Debt
Current: 11.49

During the past 13 years, Bahrain Car Parks Co (Amakin) BSC's highest Cash to Debt Ratio was No Debt. The lowest was 10.99. And the median was 72.11.

BAH:CPARK's Cash-to-Debt is ranked better than
86.08% of 1789 companies
in the Real Estate industry
Industry Median: 0.25 vs BAH:CPARK: 11.49

Bahrain Car Parks Co (Amakin) BSC Cash-to-Debt Historical Data

The historical data trend for Bahrain Car Parks Co (Amakin) BSC'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.

* Premium members only.

Bahrain Car Parks Co (Amakin) BSC Cash-to-Debt Chart

Bahrain Car Parks Co (Amakin) BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

33.37

47.06

55.07

62.87

11.01

Bahrain Car Parks Co (Amakin) BSC 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															72.11	11.18	10.99	11.01	11.49

Competitive Comparison of Bahrain Car Parks Co (Amakin) BSC's Cash-to-Debt

For the Real Estate Services subindustry, Bahrain Car Parks Co (Amakin) BSC'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.

Bahrain Car Parks Co (Amakin) BSC's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Bahrain Car Parks Co (Amakin) BSC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Bahrain Car Parks Co (Amakin) BSC's Cash-to-Debt falls into.

Bahrain Car Parks Co (Amakin) BSC 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.

Bahrain Car Parks Co (Amakin) BSC'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)
	=	8.565	/	(0.081	+	0.697)
	=	11.01

Bahrain Car Parks Co (Amakin) BSC's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	8.809	/	(0.139	+	0.628)
	=	11.49

Bahrain Car Parks Co (Amakin) BSC (BAH:CPARK) 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.

Bahrain Car Parks Co (Amakin) BSC Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Bahrain Car Parks Co (Amakin) BSC's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Bahrain Car Parks Co (Amakin) BSC (BAH:CPARK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Bahrain Car Parks Co (Amakin) BSC (BAH:CPARK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building No.128 Government Avenue, Road No. 383, 2nd Floor Office No. 2009, P.O. Box 5298, Block No.316, Car Parks & Commercial Centre, Manama, BHR

Website

https://www.carparks.bh

Bahrain Car Parks Co (Amakin) BSC is engaged in the sale of other machinery equipment and parts, other marketing promotion activities, operation of car parks, and other activities. Its business segments include Car Park Services, which provides car parks for the public in return for parking charges; Property Rental Income, which is involved in the management, maintenance, and renting of properties; and Investment and Related Services, which include trading in the financial market and investing excess funds in the primary and secondary market; Sales of equipment, which involved in trading in car parks management equipment to the client. Its Property Rental Income segment generates maximum revenue for the company. Geographically the company provides its services only to the Bahrain market.

Bahrain Car Parks Co (Amakin) BSC (BAH:CPARK) Headlines

No Headlines