GPL Holdings (GPL Holdings) Cash-to-Debt : 0.06 (As of Oct. 2023)

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What is GPL Holdings 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. GPL Holdings's cash to debt ratio for the quarter that ended in Oct. 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, GPL Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Oct. 2023.

The historical rank and industry rank for GPL Holdings's Cash-to-Debt or its related term are showing as below:

GPLL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.08
Current: 0.06

During the past 3 years, GPL Holdings's highest Cash to Debt Ratio was 0.08. The lowest was 0.01. And the median was 0.04.

GPLL's Cash-to-Debt is not ranked
in the Biotechnology industry.
Industry Median: 6.39 vs GPLL: 0.06

GPL Holdings Cash-to-Debt Historical Data

The historical data trend for GPL Holdings'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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GPL Holdings Cash-to-Debt Chart

GPL Holdings Annual Data

Trend

Jul21

Jul22

Jul23

Cash-to-Debt

0.08

GPL Holdings Quarterly Data
	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Cash-to-Debt	Get a 7-Day Free Trial				-	0.02	0.01	0.08	0.06

Competitive Comparison of GPL Holdings's Cash-to-Debt

For the Biotechnology subindustry, GPL Holdings'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.

GPL Holdings's Cash-to-Debt Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, GPL Holdings's Cash-to-Debt distribution charts can be found below:

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

GPL Holdings 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.

GPL Holdings's Cash to Debt Ratio for the fiscal year that ended in Jul. 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)
	=	0.01	/	(0.123	+	0)
	=	0.08

GPL Holdings's Cash to Debt Ratio for the quarter that ended in Oct. 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)
	=	0.009	/	(0.142	+	0)
	=	0.06

GPL Holdings (OTCPK:GPLL) 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.

GPL Holdings Cash-to-Debt Related Terms

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GPL Holdings (GPL Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » GPL Holdings Inc (OTCPK:GPLL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Sylvester Crawford, 433 Estudillo Avenue, Suite 206, San Leandro, CA, USA, 94577

Website

GPL Holdings Inc is a shell company.

GPL Holdings (GPL Holdings) Headlines

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