Banan Real Estate Co (SAU:9519) Cash-to-Debt : 0.27 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Banan Real Estate 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. Banan Real Estate Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.27.

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, Banan Real Estate 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 Banan Real Estate Co's Cash-to-Debt or its related term are showing as below:

SAU:9519' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.26 Max: No Debt
Current: 0.27

During the past 4 years, Banan Real Estate Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was 0.26.

SAU:9519's Cash-to-Debt is ranked better than
51.6% of 1785 companies
in the Real Estate industry
Industry Median: 0.25 vs SAU:9519: 0.27

Banan Real Estate Co Cash-to-Debt Historical Data

The historical data trend for Banan Real Estate 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.

Banan Real Estate Co Cash-to-Debt Chart

Banan Real Estate Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

0.24

0.04

0.27

Banan Real Estate Co Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			0.24	0.22	0.04	0.17	0.27

Competitive Comparison of Banan Real Estate Co's Cash-to-Debt

For the Real Estate Services subindustry, Banan Real Estate 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.

Banan Real Estate Co's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Banan Real Estate Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Banan Real Estate Co's Cash-to-Debt falls into.

Banan Real Estate 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.

Banan Real Estate 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)
	=	26.747	/	(45.304	+	55.361)
	=	0.27

Banan Real Estate 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)
	=	26.747	/	(45.304	+	55.361)
	=	0.27

Banan Real Estate Co (SAU:9519) 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.

Banan Real Estate Co Cash-to-Debt Related Terms

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

Banan Real Estate Co (SAU:9519) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Banan Real Estate Co (SAU:9519) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Takhassusi Road with Prince Sultan bin Abdulaziz Street, P.O. Box 42, Olaya District, Riyadh, SAU, 11411

Website

https://www.bananrealestate.com

Banan Real Estate Co is engaged in the field of investment and development of income-generating real estate. The main activity of the company is the management and leasing of commercial and residential real estate and hotels. Geographically company derives its revenue from Saudi Arabia.

Banan Real Estate Co (SAU:9519) Headlines

No Headlines