GEK Terna Holding Real Estate Construction (GEK Terna Holding Real Estate Construction) Cash-to-Debt : 0.43 (As of Dec. 2023)

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What is GEK Terna Holding Real Estate Construction 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. GEK Terna Holding Real Estate Construction's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.43.

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, GEK Terna Holding Real Estate Construction 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 GEK Terna Holding Real Estate Construction's Cash-to-Debt or its related term are showing as below:

GKTRF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.28 Med: 0.47 Max: 0.61
Current: 0.43

During the past 13 years, GEK Terna Holding Real Estate Construction's highest Cash to Debt Ratio was 0.61. The lowest was 0.28. And the median was 0.47.

GKTRF's Cash-to-Debt is ranked worse than
60.12% of 1675 companies
in the Construction industry
Industry Median: 0.62 vs GKTRF: 0.43

GEK Terna Holding Real Estate Construction Cash-to-Debt Historical Data

The historical data trend for GEK Terna Holding Real Estate Construction'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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GEK Terna Holding Real Estate Construction Cash-to-Debt Chart

GEK Terna Holding Real Estate Construction Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.29

0.46

0.52

0.50

0.43

GEK Terna Holding Real Estate Construction Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.52	0.41	0.50	0.48	0.43

Competitive Comparison of GEK Terna Holding Real Estate Construction's Cash-to-Debt

For the Engineering & Construction subindustry, GEK Terna Holding Real Estate Construction'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.

GEK Terna Holding Real Estate Construction's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, GEK Terna Holding Real Estate Construction's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where GEK Terna Holding Real Estate Construction's Cash-to-Debt falls into.

GEK Terna Holding Real Estate Construction 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.

GEK Terna Holding Real Estate Construction'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)
	=	1463.998	/	(321.145	+	3068.678)
	=	0.43

GEK Terna Holding Real Estate Construction'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)
	=	1463.998	/	(321.145	+	3068.678)
	=	0.43

GEK Terna Holding Real Estate Construction (OTCPK:GKTRF) 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.

GEK Terna Holding Real Estate Construction Cash-to-Debt Related Terms

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GEK Terna Holding Real Estate Construction (GEK Terna Holding Real Estate Construction) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » GEK Terna Holding Real Estate Construction SA (OTCPK:GKTRF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GEKTERNA:Greece 1GT:Germany

Address

85, Mesogeion Avenue, Athens, GRC, 115 26

Website

https://www.gekterna.com

GEK Terna Holding Real Estate Construction SA is a building construction company engaged in the development and management of investment property. The firm constructs property of any kind, manages self-financed or co-financed projects, operates energy projects, as well as its, participates in companies having similar activities. It operates in seven business segments, Construction, Electricity from RES, Electricity from thermal energy, Real Estate, Industry, Concessions, and Holding. Construction refers to contracts for the construction of technical projects. GEK Terna operates in over 14 countries including Greece, Central and Southeastern Europe, the USA, North Africa, and the Middle East.

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