GPH Ispat (DHA:GPHISPAT) Cash-to-Debt : 0.06 (As of Dec. 2023)

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What is GPH Ispat 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. GPH Ispat's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.06.

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, GPH Ispat 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 GPH Ispat's Cash-to-Debt or its related term are showing as below:

DHA:GPHISPAT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.05 Max: 0.46
Current: 0.06

During the past 10 years, GPH Ispat's highest Cash to Debt Ratio was 0.46. The lowest was 0.03. And the median was 0.05.

DHA:GPHISPAT's Cash-to-Debt is ranked worse than
87.15% of 615 companies
in the Steel industry
Industry Median: 0.43 vs DHA:GPHISPAT: 0.06

GPH Ispat Cash-to-Debt Historical Data

The historical data trend for GPH Ispat'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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GPH Ispat Cash-to-Debt Chart

GPH Ispat Annual Data

Trend

Apr13

Apr14

Apr15

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

0.03

0.04

0.06

0.05

GPH Ispat 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															0.05	0.05	0.05	0.05	0.06

Competitive Comparison of GPH Ispat's Cash-to-Debt

For the Steel subindustry, GPH Ispat'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.

GPH Ispat's Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, GPH Ispat's Cash-to-Debt distribution charts can be found below:

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

GPH Ispat 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.

GPH Ispat's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	2774.117	/	(32297.151	+	22133.333)
	=	0.05

GPH Ispat's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	3341.717	/	(34056.733	+	22129.561)
	=	0.06

GPH Ispat (DHA:GPHISPAT) 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.

GPH Ispat Cash-to-Debt Related Terms

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

GPH Ispat (DHA:GPHISPAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » GPH Ispat Ltd (DHA:GPHISPAT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Crown Chamber, 325 Asadgonj, Chattogram, BGD, 4000

Website

https://www.gphispat.com.bd

GPH Ispat Ltd is engaged in the manufacturing and trading of iron products and steel. It also produces low and medium carbon and low alloy steel billets. The company products include Billet and Rebar which include Deformed bar and Plain bar.

GPH Ispat (DHA:GPHISPAT) Headlines

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