Tam Development Co (SAU:9570) Cash-to-Debt : 16.35 (As of Dec. 2022)

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What is Tam Development 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. Tam Development Co's cash to debt ratio for the quarter that ended in Dec. 2022 was 16.35.

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, Tam Development Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

(1) 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.

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

SAU:9570' s Cash-to-Debt Range Over the Past 10 Years
Min: 16.35 Med: 5008.17 Max: No Debt
Current: No Debt

During the past 2 years, Tam Development Co's highest Cash to Debt Ratio was No Debt. The lowest was 16.35. And the median was 5008.17.

SAU:9570's Cash-to-Debt is ranked better than
99.72% of 1057 companies
in the Business Services industry
Industry Median: 0.97 vs SAU:9570: No Debt

Tam Development Co Cash-to-Debt Historical Data

The historical data trend for Tam Development 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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Tam Development Co Cash-to-Debt Chart

Tam Development Co Annual Data

Trend

Dec22

Dec23

Cash-to-Debt

16.35

No Debt

Tam Development Co Quarterly Data
	Dec22	Dec23
Cash-to-Debt	16.35	No Debt

Competitive Comparison of Tam Development Co's Cash-to-Debt

For the Consulting Services subindustry, Tam Development 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.

Tam Development Co's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tam Development Co's Cash-to-Debt distribution charts can be found below:

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

Tam Development 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.

Tam Development Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Tam Development Co had no debt ⁽¹⁾.

Tam Development Co's Cash to Debt Ratio for the quarter 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)
	=	61.388	/	(3.755	+	0)
	=	16.35

Tam Development Co (SAU:9570) 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.

Tam Development Co Cash-to-Debt Related Terms

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Tam Development Co (SAU:9570) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Tam Development Co (SAU:9570) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Fahd Road Riyadh 8428, Unit No 11119, Grand Tower, 10th Floor, Additional No 4250, Riyadh, SAU, 12363

Website

https://www.tam.sa

Tam Development Co is a Saudi-based management consultancy firm. It offers a model that integrates digital solutions and advisory services, partnering with its clients to lead public impact.

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