Globe Trade Centre (Globe Trade Centre) Cash-to-Debt : 0.05 (As of Dec. 2023)

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What is Globe Trade Centre 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. Globe Trade Centre's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.05.

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, Globe Trade Centre 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 Globe Trade Centre's Cash-to-Debt or its related term are showing as below:

GBCEY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.12 Max: 0.23
Current: 0.05

During the past 13 years, Globe Trade Centre's highest Cash to Debt Ratio was 0.23. The lowest was 0.05. And the median was 0.12.

GBCEY's Cash-to-Debt is ranked worse than
80.81% of 1793 companies
in the Real Estate industry
Industry Median: 0.25 vs GBCEY: 0.05

Globe Trade Centre Cash-to-Debt Historical Data

The historical data trend for Globe Trade Centre'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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Globe Trade Centre Cash-to-Debt Chart

Globe Trade Centre Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.14

0.21

0.07

0.09

0.05

Globe Trade Centre 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															0.09	0.12	0.09	0.07	0.05

Competitive Comparison of Globe Trade Centre's Cash-to-Debt

For the Real Estate Services subindustry, Globe Trade Centre'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.

Globe Trade Centre's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Globe Trade Centre's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Globe Trade Centre's Cash-to-Debt falls into.

Globe Trade Centre 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.

Globe Trade Centre's Cash to Debt Ratio for the fiscal year 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)
	=	65.867	/	(49.945	+	1387.023)
	=	0.05

Globe Trade Centre'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)
	=	65.867	/	(49.945	+	1387.023)
	=	0.05

Globe Trade Centre (OTCPK:GBCEY) 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.

Globe Trade Centre Cash-to-Debt Related Terms

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

Globe Trade Centre (Globe Trade Centre) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Globe Trade Centre SA (OTCPK:GBCEY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GTC:South Africa GTC:Poland

Address

Komitetu Obrony Robotnikow 45A, Nothus Building, Warsaw, POL, 02-146

Website

https://www.gtc.com.pl

Globe Trade Centre SA is a real estate investor and developer that focuses its business in Poland and several capital cities in Eastern Europe. The group operates in Poland, Belgrade, Hungary, Bucharest, Zagreb, and Sofia. The group manages a real estate portfolio that includes commercial buildings in the form of offices and retail space. The commercial property portfolio is actively managed by the group. In terms of geographic location, almost half of the company's revenue comes from Poland and the remaining is made up of other geographic areas.

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