Global Health (BOM:543654) Cash-to-Debt : 1.48 (As of Sep. 2024)

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What is Global Health 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 Health's cash to debt ratio for the quarter that ended in Sep. 2024 was 1.48.

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 Health could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

BOM:543654' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.27 Med: 0.81 Max: 1.48
Current: 1.48

During the past 5 years, Global Health's highest Cash to Debt Ratio was 1.48. The lowest was 0.27. And the median was 0.81.

BOM:543654's Cash-to-Debt is ranked better than
61.83% of 668 companies
in the Healthcare Providers & Services industry
Industry Median: 0.755 vs BOM:543654: 1.48

Global Health Cash-to-Debt Historical Data

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

Global Health Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

0.27

0.31

0.46

1.12

1.44

Global Health Quarterly Data
	Mar20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial										1.27	N/A	1.44	N/A	1.48

Competitive Comparison of Global Health's Cash-to-Debt

For the Medical Care Facilities subindustry, Global Health'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 Health's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Global Health's Cash-to-Debt distribution charts can be found below:

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

Global Health 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.

Global Health's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 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)
	=	11561.25	/	(1718.87	+	6299.82)
	=	1.44

Global Health's Cash to Debt Ratio for the quarter that ended in Sep. 2024 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)
	=	10186.55	/	(1489.66	+	5395.08)
	=	1.48

Global Health (BOM:543654) 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 Health Cash-to-Debt Related Terms

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Global Health Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Global Health Ltd (BOM:543654) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MEDANTA:India

Address

Medanta - The Medicity, Sector-38, Gurugram, HR, IND, 122001

Website

https://www.medanta.org

Global Health Ltd operates as a private multi-specialty tertiary care provider operating in the North and East regions of India, with key specialties of cardiology and cardiac science, neurosciences, oncology, digestive and hepatobiliary sciences, orthopedics, liver transplant, and kidney and urology. Under the Medanta brand, it has a network of hospitals in operation (Gurugram, Indore, Ranchi, and Lucknow), a hospital that is under construction with an operational outpatient facility (Patna), and a hospital (Noida) planned for development. The Group operates Healthcare services as a single business segment in India, constituting a single geographical segment.

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