GFH Financial Group BSC (ADX:GFH) Cash-to-Debt : 0.86 (As of Dec. 2023)

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What is GFH Financial Group BSC 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. GFH Financial Group BSC's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.86.

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, GFH Financial Group BSC couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for GFH Financial Group BSC's Cash-to-Debt or its related term are showing as below:

ADX:GFH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.52 Med: 1.46 Max: 3.07
Current: 0.86

During the past 13 years, GFH Financial Group BSC's highest Cash to Debt Ratio was 3.07. The lowest was 0.52. And the median was 1.46.

ADX:GFH's Cash-to-Debt is ranked worse than
61.01% of 1426 companies
in the Banks industry
Industry Median: 1.29 vs ADX:GFH: 0.86

GFH Financial Group BSC Cash-to-Debt Historical Data

The historical data trend for GFH Financial Group BSC'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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GFH Financial Group BSC Cash-to-Debt Chart

GFH Financial Group BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

3.07

0.65

0.52

0.82

0.86

GFH Financial Group BSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.82	0.95	0.75	0.91	0.86

Competitive Comparison of GFH Financial Group BSC's Cash-to-Debt

For the Banks - Regional subindustry, GFH Financial Group BSC'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.

GFH Financial Group BSC's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, GFH Financial Group BSC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where GFH Financial Group BSC's Cash-to-Debt falls into.

GFH Financial Group BSC 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.

GFH Financial Group BSC's Cash to Debt Ratio for the fiscal year 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)
	=	6740.816	/	(0	+	7802.505)
	=	0.86

GFH Financial Group BSC'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)
	=	6740.816	/	(0	+	7802.505)
	=	0.86

GFH Financial Group BSC (ADX:GFH) 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.

GFH Financial Group BSC Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of GFH Financial Group BSC's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

GFH Financial Group BSC (ADX:GFH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » GFH Financial Group BSC (ADX:GFH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GFH:Kuwait GFH:Bahrain GFH:United Arab Emirates

Address

Block 346, Road 4626, Building 1398, East Tower, P.O. Box 10006, Office 2901, 29th Floor, Bahrain Financial Harbour, Manama, BHR

Website

https://www.gfh.com

GFH Financial Group BSC is an Islamic wholesale investment bank. The firm is organized into three operating segments Investment Banking, Commercial Banking and Proprietary and treasury. Substantial revenue is generated from Proprietary and Treasury operations. The Group has primary operations in Bahrain. The investment banking segment focuses on private equity and asset management activities, Commercial Banking includes all sharia compliant corporate banking and retail banking activities of the Group provided through the Group's subsidiary, Proprietary and treasury includes all common costs and activities that are undertaken at the Group level, including treasury and residual proprietary and co-investment assets.

GFH Financial Group BSC (ADX:GFH) Headlines

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