Global Payment Technologies (Global Payment Technologies) Cash-to-Debt : 1.47 (As of Jun. 2008)

View and export this data going back to 1995. Start your Free Trial

What is Global Payment Technologies 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. Global Payment Technologies's cash to debt ratio for the quarter that ended in Jun. 2008 was 1.47.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Global Payment Technologies could pay off its debt using the cash in hand for the quarter that ended in Jun. 2008.

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

GPTX's Cash-to-Debt is not ranked ^*
in the Industrial Products industry.
Industry Median: 1.23
* Ranked among companies with meaningful Cash-to-Debt only.

Global Payment Technologies Cash-to-Debt Historical Data

The historical data trend for Global Payment Technologies'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.

* Premium members only.

Global Payment Technologies Cash-to-Debt Chart

Global Payment Technologies Annual Data

Trend

Sep98

Sep99

Sep00

Sep01

Sep02

Sep03

Sep04

Sep05

Sep06

Sep07

Cash-to-Debt

Get a 7-Day Free Trial

0.68

2.15

26.56

26.32

2.24

Global Payment Technologies Quarterly Data
	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08
Cash-to-Debt	Get a 7-Day Free Trial															1.01	2.24	30.33	1.75	1.47

Competitive Comparison of Global Payment Technologies's Cash-to-Debt

For the Business Equipment & Supplies subindustry, Global Payment Technologies'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.

Global Payment Technologies's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Global Payment Technologies's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Global Payment Technologies's Cash-to-Debt falls into.

Global Payment Technologies 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.

Global Payment Technologies's Cash to Debt Ratio for the fiscal year that ended in Sep. 2007 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)
	=	0.879	/	(0.393	+	0)
	=	2.24

Global Payment Technologies's Cash to Debt Ratio for the quarter that ended in Jun. 2008 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)
	=	0.648	/	(0.44	+	0)
	=	1.47

Global Payment Technologies (OTCPK:GPTX) 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.

Global Payment Technologies Cash-to-Debt Related Terms

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

Global Payment Technologies (Global Payment Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Global Payment Technologies Inc (OTCPK:GPTX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

170 Wilbur Place, Bohemia, NY, USA, 11716

Website

http://www.gpt.com

Global Payment Technologies Inc designs, manufactures, sells and supports payment components internationally. GPT carries a full range of payment components and specialises in innovative note validation and payment components for the international Gaming, Vending, Parking and Kiosk industries. Its products can be product can be found in all Australian Casinos, Clubs, and Hotels.

Executives

Thomas Mcneill	officer: Vice President, CFO & Secy	425B OSER AVE, HAUPPAUGE NY 11788
Henry Ellis	director	111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107
Stephen Katz	10 percent owner

Global Payment Technologies (Global Payment Technologies) Headlines

No Headlines