Global Value Fund (ASX:GVF) Cash-to-Debt : 1.54 (As of Dec. 2023)

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What is Global Value Fund 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. Global Value Fund's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.54.

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, Global Value Fund could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(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 Global Value Fund's Cash-to-Debt or its related term are showing as below:

ASX:GVF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: No Debt Max: No Debt
Current: 1.54

During the past 9 years, Global Value Fund's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was No Debt.

ASX:GVF's Cash-to-Debt is ranked worse than
57.94% of 1467 companies
in the Asset Management industry
Industry Median: 5.93 vs ASX:GVF: 1.54

Global Value Fund Cash-to-Debt Historical Data

The historical data trend for Global Value Fund'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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Global Value Fund Cash-to-Debt Chart

Global Value Fund Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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No Debt

Global Value Fund Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial														0.02	No Debt	1.09	No Debt	1.54

Competitive Comparison of Global Value Fund's Cash-to-Debt

For the Asset Management subindustry, Global Value Fund'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.

Global Value Fund's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Global Value Fund's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Global Value Fund's Cash-to-Debt falls into.

Global Value Fund Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Global Value Fund's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Global Value Fund had no debt ⁽¹⁾.

Global Value Fund's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	14.108	/	(9.173	+	0)
	=	1.54

Global Value Fund (ASX:GVF) 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.

Global Value Fund Cash-to-Debt Related Terms

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Global Value Fund (ASX:GVF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Global Value Fund Ltd (ASX:GVF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/- Mertons Corporate Services Pty Ltd, 330 Collins Street, Level 7, Melbourne, VIC, AUS, 3000

Website

https://www.globalvaluefund.com.au

Global Value Fund Ltd is an Australia-based investment company. It is engaged in providing investors with the opportunity to invest in global financial markets through a constructed portfolio of financial assets trading at a discount to their underlying value. The company is engaged solely in investment activities, deriving revenue from dividend income, interest income and from the sale of its investments. It invests in the public equity markets across the globe and closed-ended funds.

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