Emirates Integrated Telecommunications Co PJSC (DFM:DU) Cash-to-Debt : 1.35 (As of Mar. 2024)

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What is Emirates Integrated Telecommunications Co PJSC 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. Emirates Integrated Telecommunications Co PJSC's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.35.

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, Emirates Integrated Telecommunications Co PJSC 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 Emirates Integrated Telecommunications Co PJSC's Cash-to-Debt or its related term are showing as below:

DFM:DU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.16 Med: 1.13 Max: 2.07
Current: 1.35

During the past 13 years, Emirates Integrated Telecommunications Co PJSC's highest Cash to Debt Ratio was 2.07. The lowest was 0.16. And the median was 1.13.

DFM:DU's Cash-to-Debt is ranked better than
70.83% of 384 companies
in the Telecommunication Services industry
Industry Median: 0.35 vs DFM:DU: 1.35

Emirates Integrated Telecommunications Co PJSC Cash-to-Debt Historical Data

The historical data trend for Emirates Integrated Telecommunications Co PJSC'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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Emirates Integrated Telecommunications Co PJSC Cash-to-Debt Chart

Emirates Integrated Telecommunications Co PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.25

0.97

0.83

0.75

0.92

Emirates Integrated Telecommunications Co PJSC 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															0.95	0.16	0.44	0.92	1.35

Competitive Comparison of Emirates Integrated Telecommunications Co PJSC's Cash-to-Debt

For the Telecom Services subindustry, Emirates Integrated Telecommunications Co PJSC'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.

Emirates Integrated Telecommunications Co PJSC's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Emirates Integrated Telecommunications Co PJSC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Emirates Integrated Telecommunications Co PJSC's Cash-to-Debt falls into.

Emirates Integrated Telecommunications Co PJSC 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.

Emirates Integrated Telecommunications Co PJSC'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)
	=	1936.622	/	(649.585	+	1455.374)
	=	0.92

Emirates Integrated Telecommunications Co PJSC'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)
	=	2647.591	/	(593.79	+	1365.323)
	=	1.35

Emirates Integrated Telecommunications Co PJSC (DFM:DU) 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.

Emirates Integrated Telecommunications Co PJSC Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Emirates Integrated Telecommunications Co PJSC's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Emirates Integrated Telecommunications Co PJSC (DFM:DU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Emirates Integrated Telecommunications Co PJSC (DFM:DU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Salam Tower, Dubai Media City, P.O. Box 502666, Dubai, ARE

Website

http://www.du.ae

Emirates Integrated Telecommunications Co PJSC is a telecommunication service provider. The company provides telecommunications and entertainment services to customers in the UAE. It is organized into four business segments: Mobile, Fixed, Wholesale, and Others Segment. Mobile Segment, which derives the company's revenue, offers mobility services to the enterprise and consumer market; the Fixed Segment provides wireline services; Wholesale Segment provides voice and data services to national and international carriers and operators, and Others include broadcasting services, international roaming, site sharing, etc.

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