Raoom Trading Co (SAU:9529) Cash-to-Debt : 12.06 (As of Sep. 2023)

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What is Raoom Trading 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. Raoom Trading Co's cash to debt ratio for the quarter that ended in Sep. 2023 was 12.06.

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, Raoom Trading Co could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

SAU:9529' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.79 Med: 12.06 Max: 23.29
Current: 12.06

During the past 2 years, Raoom Trading Co's highest Cash to Debt Ratio was 23.29. The lowest was 0.79. And the median was 12.06.

SAU:9529's Cash-to-Debt is ranked better than
86.63% of 1675 companies
in the Construction industry
Industry Median: 0.62 vs SAU:9529: 12.06

Raoom Trading Co Cash-to-Debt Historical Data

The historical data trend for Raoom Trading 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.

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Raoom Trading Co Cash-to-Debt Chart

Raoom Trading Co Annual Data

Trend

Dec21

Dec22

Cash-to-Debt

10.88

23.29

Raoom Trading Co Quarterly Data
	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial			0.79	N/A	23.29	12.87	12.06

Competitive Comparison of Raoom Trading Co's Cash-to-Debt

For the Building Products & Equipment subindustry, Raoom Trading 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.

Raoom Trading Co's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Raoom Trading Co's Cash-to-Debt distribution charts can be found below:

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

Raoom Trading 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.

Raoom Trading Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	29.793	/	(1.279	+	0)
	=	23.29

Raoom Trading Co's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	18.859	/	(1.564	+	0)
	=	12.06

Raoom Trading Co (SAU:9529) 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.

Raoom Trading Co Cash-to-Debt Related Terms

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Raoom Trading Co (SAU:9529) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Raoom Trading Co (SAU:9529) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Onaiza Street, P.O. Box 48, Buraidah, SAU, 3245039

Website

https://www.raoomco.com

Raoom Trading Co is engaged in the manufacturing and trading of glass, mirrors, and aluminum decorations. Its products include Mirrors, Polycarbonate, Clear Flat Glass, Stained Glass, Reflective Glass, Trajectory Glass and Grained Glass.

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