Seef Properties BSC (BAH:SEEF) Cash-to-Debt : 2.06 (As of Mar. 2024)

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What is Seef Properties 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. Seef Properties BSC's cash to debt ratio for the quarter that ended in Mar. 2024 was 2.06.

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, Seef Properties 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 Seef Properties BSC's Cash-to-Debt or its related term are showing as below:

BAH:SEEF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 1.69 Max: No Debt
Current: 2.06

During the past 13 years, Seef Properties BSC's highest Cash to Debt Ratio was No Debt. The lowest was 0.15. And the median was 1.69.

BAH:SEEF's Cash-to-Debt is ranked better than
79.26% of 1789 companies
in the Real Estate industry
Industry Median: 0.25 vs BAH:SEEF: 2.06

Seef Properties BSC Cash-to-Debt Historical Data

The historical data trend for Seef Properties 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.

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Seef Properties BSC Cash-to-Debt Chart

Seef Properties BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.04

0.24

0.49

1.89

2.32

Seef Properties 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															1.99	1.94	2.16	2.32	2.06

Competitive Comparison of Seef Properties BSC's Cash-to-Debt

For the Real Estate Services subindustry, Seef Properties 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.

Seef Properties BSC's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Seef Properties BSC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Seef Properties BSC's Cash-to-Debt falls into.

Seef Properties 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.

Seef Properties 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)
	=	23.882	/	(1.029	+	9.265)
	=	2.32

Seef Properties 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)
	=	20.721	/	(1.048	+	8.994)
	=	2.06

Seef Properties BSC (BAH:SEEF) 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.

Seef Properties BSC Cash-to-Debt Related Terms

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Seef Properties BSC (BAH:SEEF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Seef Properties BSC (BAH:SEEF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building 2102, Road 2825, Block 428, P.O. Box 20084,, Seef District, Manama, BHR

Website

https://www.seef.com.bh

Seef Properties BSC is an integrated real estate development company in the Kingdom of Bahrain. The company specialised in developing and managing commercial leisure and recreational facilities. It also owns and manages three Seef Malls located in different areas around the Kingdom. Magic Island, is an Indoor theme park located within its Malls. Al Liwan, a mixed-use development project, and Fraser Suites Seef Bahrain serviced apartments located in Seef Mall and managed by Fraser Suites, a global hospitality brand.

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