Advanced Petrochemical Co (SAU:2330) Cash-to-Debt : 0.13 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Advanced Petrochemical Co 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. Advanced Petrochemical Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.13.

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, Advanced Petrochemical Co 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 Advanced Petrochemical Co's Cash-to-Debt or its related term are showing as below:

SAU:2330' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.65 Max: 4.81
Current: 0.13

During the past 13 years, Advanced Petrochemical Co's highest Cash to Debt Ratio was 4.81. The lowest was 0.08. And the median was 0.65.

SAU:2330's Cash-to-Debt is ranked worse than
85.54% of 1480 companies
in the Chemicals industry
Industry Median: 0.73 vs SAU:2330: 0.13

Advanced Petrochemical Co Cash-to-Debt Historical Data

The historical data trend for Advanced Petrochemical Co'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.

Advanced Petrochemical Co Cash-to-Debt Chart

Advanced Petrochemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

3.54

4.81

0.30

0.25

0.13

Advanced Petrochemical Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.25	0.11	0.03	0.27	0.13

Competitive Comparison of Advanced Petrochemical Co's Cash-to-Debt

For the Chemicals subindustry, Advanced Petrochemical Co'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.

Advanced Petrochemical Co's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Advanced Petrochemical Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Advanced Petrochemical Co's Cash-to-Debt falls into.

Advanced Petrochemical Co 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.

Advanced Petrochemical Co'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)
	=	923.664	/	(11.551	+	7077.8)
	=	0.13

Advanced Petrochemical Co'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)
	=	923.664	/	(11.551	+	7077.8)
	=	0.13

Advanced Petrochemical Co (SAU:2330) 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.

Advanced Petrochemical Co Cash-to-Debt Related Terms

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

Advanced Petrochemical Co (SAU:2330) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Advanced Petrochemical Co (SAU:2330) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jubail Industrial, P.O.Box 11022, Jubail, SAU, 31961

Website

https://www.advancedpetrochem.com

Advanced Petrochemical Co produces and sells polypropylene, polysilicon, and polysilicon downstream products that include Photovoltaic cells and Photovoltaic. The company invests in industrial projects including petrochemical, chemical, basic and conversion industries and industries relating to renewable energy domestically and outside the Kingdom of Saudi Arabia. Its business is spread across the Middle East and North Africa region. Its products are used to manufacture various basic goods including personal care products, fresh food packaging, lightweight plastics and various others.

Advanced Petrochemical Co (SAU:2330) Headlines

No Headlines