Global Ports Holding (CHIX:GPHL) Cash-to-Debt : 0.16 (As of Sep. 2023)

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What is Global Ports Holding 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 Ports Holding's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.16.

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, Global Ports Holding 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 Global Ports Holding's Cash-to-Debt or its related term are showing as below:

CHIX:GPHl' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.16 Max: 0.38
Current: 0.16

During the past 8 years, Global Ports Holding's highest Cash to Debt Ratio was 0.38. The lowest was 0.13. And the median was 0.16.

CHIX:GPHl's Cash-to-Debt is ranked worse than
75.47% of 966 companies
in the Transportation industry
Industry Median: 0.49 vs CHIX:GPHl: 0.16

Global Ports Holding Cash-to-Debt Historical Data

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

Global Ports Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Mar22

Mar23

Cash-to-Debt

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0.31

0.21

0.13

0.15

0.16

Global Ports Holding Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial											0.15	0.15	0.13	0.16	0.16

Competitive Comparison of Global Ports Holding's Cash-to-Debt

For the Marine Shipping subindustry, Global Ports Holding'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 Ports Holding's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Global Ports Holding's Cash-to-Debt distribution charts can be found below:

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

Global Ports Holding 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 Ports Holding's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 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)
	=	87.051	/	(54.785	+	499.306)
	=	0.16

Global Ports Holding's Cash to Debt Ratio for the quarter that ended in Sep. 2023 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)
	=	95.681	/	(46.728	+	550.688)
	=	0.16

Global Ports Holding (CHIX:GPHl) 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 Ports Holding Cash-to-Debt Related Terms

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

Global Ports Holding (CHIX:GPHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Global Ports Holding PLC (CHIX:GPHl) » Definitions » Cash-to-Debt

Traded in Other Exchanges

GPH:UK 6P9:Germany

Address

Buyukdere Cad Number 193, Levent 193 Plaza, Istanbul, TUR, 34394

Website

https://www.globalportsholding.com

Global Ports Holding PLC is an independent cruise port operator. The company serves the needs of the world's cruise lines, ferries, and mega yachts. The company's portfolio includes assets that range from major cruise hubs such as Barcelona and Venice to high-traffic core ports such as Valletta and Cagliari and Singapore cruise ports. It operates two growing commercial ports in Turkey and Montenegro. The group's reportable segments are Western Mediterranean & Atlantic region, Central Mediterranean region, Americas Region and Eastern Mediterranean and Adriatic region, Other operations.

Global Ports Holding (CHIX:GPHL) Headlines

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