Geneva Finance (NZSE:GFL) Cash-to-Debt : 0.30 (As of Sep. 2023)

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What is Geneva Finance 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. Geneva Finance's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.30.

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, Geneva Finance couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

NZSE:GFL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.25 Max: 0.47
Current: 0.3

During the past 13 years, Geneva Finance's highest Cash to Debt Ratio was 0.47. The lowest was 0.10. And the median was 0.25.

NZSE:GFL's Cash-to-Debt is ranked better than
53.57% of 504 companies
in the Credit Services industry
Industry Median: 0.22 vs NZSE:GFL: 0.30

Geneva Finance Cash-to-Debt Historical Data

The historical data trend for Geneva Finance'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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Geneva Finance Cash-to-Debt Chart

Geneva Finance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.25

0.28

0.34

0.46

0.30

Geneva Finance Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.41	0.46	0.47	0.30	0.30

Competitive Comparison of Geneva Finance's Cash-to-Debt

For the Credit Services subindustry, Geneva Finance'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.

Geneva Finance's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Geneva Finance's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Geneva Finance's Cash-to-Debt falls into.

Geneva Finance 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.

Geneva Finance's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	27.844	/	(12.976	+	78.741)
	=	0.30

Geneva Finance's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	29.727	/	(0	+	98.432)
	=	0.30

Geneva Finance (NZSE:GFL) 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.

Geneva Finance Cash-to-Debt Related Terms

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Geneva Finance (NZSE:GFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Geneva Finance Ltd (NZSE:GFL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

6B Pacific Rise, Mount Wellington, Panmure, Auckland, NZL, 1060

Website

https://www.genevafinance.co.nz

Geneva Finance Ltd is engaged in the provision of finance and financial services to the consumer credit markets. The company's operating segments are Corporate, New Business consumer finance, Insurance, Old Business consumer finance, Invoice Factoring, and Overseas. The New Business segment includes lending money to individuals, companies, and other entities. The Insurance segment issues temporary insurance contracts covering death, disablement, and redundancy risks and short-term motor vehicle contracts covering comprehensive, third-party, mechanical breakdown risk, and guaranteed asset protection. Its geographical segments are New Zealand and Tonga.