Salik Company PJSC (DFM:SALIK) Cash-to-Debt : 0.25 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Salik Company 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. Salik Company PJSC's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.25.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Salik Company PJSC couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Salik Company PJSC's Cash-to-Debt or its related term are showing as below:

DFM:SALIK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.21 Med: 0.23 Max: 0.25
Current: 0.25

During the past 6 years, Salik Company PJSC's highest Cash to Debt Ratio was 0.25. The lowest was 0.21. And the median was 0.23.

DFM:SALIK's Cash-to-Debt is ranked worse than
72.16% of 1674 companies
in the Construction industry
Industry Median: 0.62 vs DFM:SALIK: 0.25

Salik Company PJSC Cash-to-Debt Historical Data

The historical data trend for Salik Company 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.

* Premium members only.

Salik Company PJSC Cash-to-Debt Chart

Salik Company PJSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

N/A

0.21

0.25

Salik Company PJSC Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial								0.21	0.28	0.23	0.17	0.25

Competitive Comparison of Salik Company PJSC's Cash-to-Debt

For the Infrastructure Operations subindustry, Salik Company 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.

Salik Company PJSC's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Salik Company PJSC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Salik Company PJSC's Cash-to-Debt falls into.

Salik Company 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.

Salik Company 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)
	=	1016.18	/	(1.889	+	3994.826)
	=	0.25

Salik Company PJSC's Cash to Debt Ratio for the quarter 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)
	=	1016.18	/	(1.889	+	3994.826)
	=	0.25

Salik Company PJSC (DFM:SALIK) 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.

Salik Company PJSC Cash-to-Debt Related Terms

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

Salik Company PJSC (DFM:SALIK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Salik Company PJSC (DFM:SALIK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Marrakesh Street, Al Garhoud, Block C, First Floor, P.O. Box: 118899, Umm Ramool, Roads and Transport Authority Headquarters, Dubai, ARE

Website

https://www.salik.ae

Salik Company PJSC is engaged in the operations and maintenance of toll gates in Dubai. It also is involved in the design and construction of new tollgates, including without limitation, the required tolling equipment, infrastructure, and any other interface requirements.

Salik Company PJSC (DFM:SALIK) Headlines

No Headlines