Graphic Packaging Holding Co (Graphic Packaging Holding Co) Cash-to-Debt : 0.03 (As of Dec. 2023)

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What is Graphic Packaging Holding Co 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. Graphic Packaging Holding Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.03.

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, Graphic Packaging Holding Co 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 Graphic Packaging Holding Co's Cash-to-Debt or its related term are showing as below:

GPK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.05
Current: 0.03

During the past 13 years, Graphic Packaging Holding Co's highest Cash to Debt Ratio was 0.05. The lowest was 0.02. And the median was 0.03.

GPK's Cash-to-Debt is ranked worse than
93.39% of 378 companies
in the Packaging & Containers industry
Industry Median: 0.405 vs GPK: 0.03

Graphic Packaging Holding Co Cash-to-Debt Historical Data

The historical data trend for Graphic Packaging Holding Co'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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Graphic Packaging Holding Co Cash-to-Debt Chart

Graphic Packaging Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.05

0.03

Graphic Packaging Holding Co 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															0.03	0.02	0.02	0.03	0.03

Competitive Comparison of Graphic Packaging Holding Co's Cash-to-Debt

For the Packaging & Containers subindustry, Graphic Packaging Holding Co'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.

Graphic Packaging Holding Co's Cash-to-Debt Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Graphic Packaging Holding Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Graphic Packaging Holding Co's Cash-to-Debt falls into.

Graphic Packaging Holding Co 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.

Graphic Packaging Holding Co'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)
	=	162	/	(826	+	4798)
	=	0.03

Graphic Packaging Holding Co'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)
	=	162	/	(826	+	4798)
	=	0.03

Graphic Packaging Holding Co (NYSE:GPK) 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.

Graphic Packaging Holding Co Cash-to-Debt Related Terms

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

Graphic Packaging Holding Co (Graphic Packaging Holding Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Graphic Packaging Holding Co (NYSE:GPK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

4W8:Germany 4W8:Germany

Address

1500 Riveredge Parkway, Suite 100, Atlanta, GA, USA, 30328

Website

https://www.graphicpkg.com

Graphic Packaging Holding Co is a holding company that manufactures and sells a variety of paper-based consumer packaging products through its subsidiaries. The company's two primary functions include the sale of paperboard packaging and the operation of paperboard mills. The paperboard packaging business includes packaging for beverages, including beer and soft drinks as well as food, including cereal, frozen foods, and pet foods. The firm also sells paperboard packaging for household products, including dishwasher and laundry detergent and personal care products. Graphic Packaging operates papermills that sell laminated and coated packaging products to third parties. The majority of revenue comes from the Americas.

Executives

Stephen R. Scherger	officer: SVP, Consumer Packaging Div.	3901 SULGRAVE ROAD, RICHMOND VA 23221
Lynn A Wentworth	director	CINCINNATI BELL INC, P O BOX 2301, CINCINNATI OH 45201
Michael James Farrell	officer: EVP, Mills Division	1500 RIVEREDGE PARKWAY, SUITE 100, ATLANTA GA 30328
Jean Francois Roche	officer: SVP and President, EMEA	1500 RIVEREDGE PARKWAY, SUITE 100, AT GA 30328
Elizabeth Spence	officer: EVP, Human Resources	1500 RIVEREDGE PARKWAY, N.W., SUITE 100, ATLANTA GA 30328
Aziz Aghili	director	5706 KIRKRIDGE TRAIL, ROCHESTER HILLS MI 48306
Margie Kay Bidlingmaier	officer: EVP, President, Americas Busi	1500 RIVEREDGE PARKWAY, SUITE 100, ATLANTA GA 30328
Mary K Rhinehart	director	821 17TH STREET, DENVER CO 80202
Joseph P Yost	officer: SVP, Supply Chain	814 LIVINGSTON COURT, MARIETTA GA 30067
Larry M Venturelli	director	2000 M-63N, BENTON HARBOR MI 49022
Charles D Lischer	officer: SVP & CAO	2500 WINDY RIDGE PARKWAY, SUITE 700, ATLANTA GA 30339
Stacey J. Panayiotou	officer: EVP, Human Resources	9200 W. 108TH CIRCLE, WESTMINSTER CO 80021
Robert Hagemann	director	3 GIRALDA FARMS, MADISON NJ 07940
Laurie Brlas	director	C/O ALBEMARLE CORPORATION, 4250 CONGRESS ST STE 900, CHARLOTTE NC 28209
Dean A Scarborough	director	150 N. ORANGE GROVE BLVD, PASADENA CA 91103