Almunajem Foods (SAU:4162) Cash-to-Debt : 5.46 (As of Dec. 2023)

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What is Almunajem Foods 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. Almunajem Foods's cash to debt ratio for the quarter that ended in Dec. 2023 was 5.46.

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, Almunajem Foods could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

SAU:4162' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 1.99 Max: 5.46
Current: 5.46

During the past 4 years, Almunajem Foods's highest Cash to Debt Ratio was 5.46. The lowest was 0.11. And the median was 1.99.

SAU:4162's Cash-to-Debt is ranked better than
84.74% of 308 companies
in the Retail - Defensive industry
Industry Median: 0.46 vs SAU:4162: 5.46

Almunajem Foods Cash-to-Debt Historical Data

The historical data trend for Almunajem Foods'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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Almunajem Foods Cash-to-Debt Chart

Almunajem Foods Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.11

1.71

2.27

5.46

Almunajem Foods Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial								2.27	5.02	4.53	2.73	5.46

Competitive Comparison of Almunajem Foods's Cash-to-Debt

For the Food Distribution subindustry, Almunajem Foods'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.

Almunajem Foods's Cash-to-Debt Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Almunajem Foods's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Almunajem Foods's Cash-to-Debt falls into.

Almunajem Foods 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.

Almunajem Foods'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)
	=	248.928	/	(8.591	+	37.015)
	=	5.46

Almunajem Foods'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)
	=	248.928	/	(8.591	+	37.015)
	=	5.46

Almunajem Foods (SAU:4162) 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.

Almunajem Foods Cash-to-Debt Related Terms

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Almunajem Foods (SAU:4162) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Almunajem Foods (SAU:4162) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

7510 Takhassusi Street, P O Box 1544, North Mathar, Riyadh, SAU, 11441

Website

https://www.almunajemfoods.com

Almunajem Foods is a food company which is engaged in the importation, marketing, and distribution of frozen, chilled, and dry foodstuff. It serves over 18,000 customer outlets including retail, food services, and wholesale channels.

Almunajem Foods (SAU:4162) Headlines

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