GHP Specialty Care AB (CHIX:GHPS) Cash-to-Debt : 0.37 (As of Mar. 2022)

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What is GHP Specialty Care AB 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. GHP Specialty Care AB's cash to debt ratio for the quarter that ended in Mar. 2022 was 0.37.

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, GHP Specialty Care AB couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2022.

The historical rank and industry rank for GHP Specialty Care AB's Cash-to-Debt or its related term are showing as below:

CHIX:GHPs' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.59 Max: No Debt
Current: 0.37

During the past 13 years, GHP Specialty Care AB's highest Cash to Debt Ratio was No Debt. The lowest was 0.05. And the median was 0.59.

CHIX:GHPs's Cash-to-Debt is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 0.64 vs CHIX:GHPs: 0.37

GHP Specialty Care AB Cash-to-Debt Historical Data

The historical data trend for GHP Specialty Care AB'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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GHP Specialty Care AB Cash-to-Debt Chart

GHP Specialty Care AB Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

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0.15

0.23

0.09

0.57

0.42

GHP Specialty Care AB Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Cash-to-Debt	Get a 7-Day Free Trial															1.02	0.75	0.68	0.42	0.37

Competitive Comparison of GHP Specialty Care AB's Cash-to-Debt

For the Medical Care Facilities subindustry, GHP Specialty Care AB'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.

GHP Specialty Care AB's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, GHP Specialty Care AB's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where GHP Specialty Care AB's Cash-to-Debt falls into.

GHP Specialty Care AB 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.

GHP Specialty Care AB's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 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)
	=	177.3	/	(91	+	328.5)
	=	0.42

GHP Specialty Care AB's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	173.7	/	(275.5	+	199.5)
	=	0.37

GHP Specialty Care AB (CHIX:GHPs) 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.

GHP Specialty Care AB Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of GHP Specialty Care AB's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

GHP Specialty Care AB (CHIX:GHPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » GHP Specialty Care AB (CHIX:GHPs) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Södra Hamngatan 45, Gothenburg, SWE, 411 06

Website

http://www.ghp.se

GHP Specialty Care AB is a player in the healthcare sector. It is a Swedish health care provider that operates specialist clinics, primarily in the Nordic countries. GHP's clinics address various medical areas such as diabetes care, neurology, general surgery, sports medicine and arrhythmia. GHP has two segments, the Nordic Region and International. The company generates majority of its revenue from the Nordic Region. The Nordic Region business area conducts business within specialist care, such as spine surgery/spine care, orthopaedics, obesity surgery and diabetes care, gastroenterology, urology, general surgery, arrhythmia, sports medicine, plastic surgery, neurology and specialist dentistry via over 20 clinics.

GHP Specialty Care AB (CHIX:GHPS) Headlines

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