Etihad Atheeb Telecommunication Co (SAU:7040) Cash-to-Debt : 1.28 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Etihad Atheeb Telecommunication 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. Etihad Atheeb Telecommunication Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.28.

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, Etihad Atheeb Telecommunication Co 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 Etihad Atheeb Telecommunication Co's Cash-to-Debt or its related term are showing as below:

SAU:7040' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 0.48 Max: No Debt
Current: 1.28

During the past 13 years, Etihad Atheeb Telecommunication Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.14. And the median was 0.48.

SAU:7040's Cash-to-Debt is ranked better than
70.05% of 384 companies
in the Telecommunication Services industry
Industry Median: 0.345 vs SAU:7040: 1.28

Etihad Atheeb Telecommunication Co Cash-to-Debt Historical Data

The historical data trend for Etihad Atheeb Telecommunication 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.

Etihad Atheeb Telecommunication Co Cash-to-Debt Chart

Etihad Atheeb Telecommunication Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

1.43

0.32

0.19

0.44

0.36

Etihad Atheeb Telecommunication 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															0.20	0.36	0.67	0.78	1.28

Competitive Comparison of Etihad Atheeb Telecommunication Co's Cash-to-Debt

For the Telecom Services subindustry, Etihad Atheeb Telecommunication 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.

Etihad Atheeb Telecommunication Co's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Etihad Atheeb Telecommunication Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Etihad Atheeb Telecommunication Co's Cash-to-Debt falls into.

Etihad Atheeb Telecommunication 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.

Etihad Atheeb Telecommunication Co's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	53.063	/	(56.102	+	91.897)
	=	0.36

Etihad Atheeb Telecommunication 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)
	=	144.481	/	(57.467	+	55.021)
	=	1.28

Etihad Atheeb Telecommunication Co (SAU:7040) 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.

Etihad Atheeb Telecommunication Co Cash-to-Debt Related Terms

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

Etihad Atheeb Telecommunication Co (SAU:7040) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Etihad Atheeb Telecommunication Co (SAU:7040) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3704 King Abdullah Branch Road, P.O. Box 12482-6488, AlMughrizat district, Riyadh, SAU

Website

https://www.go.com.sa/en

Etihad Atheeb Telecommunication Co is a Saudi Arabia-based company that engages in the provision of telecommunications services under the GO brand. It provides fixed and wireless services, including fixed telephone lines, broadband internet telephony services, optical fibers, data services, broadband, and voice package, international gateway.

Etihad Atheeb Telecommunication Co (SAU:7040) Headlines

No Headlines