Gharibwal Cement (KAR:GWLC) Cash-to-Debt : 0.87 (As of Sep. 2024)

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What is Gharibwal Cement 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. Gharibwal Cement's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.87.

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, Gharibwal Cement couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

KAR:GWLC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.13 Max: 2.19
Current: 0.87

During the past 13 years, Gharibwal Cement's highest Cash to Debt Ratio was 2.19. The lowest was 0.02. And the median was 0.13.

KAR:GWLC's Cash-to-Debt is ranked better than
63.92% of 388 companies
in the Building Materials industry
Industry Median: 0.42 vs KAR:GWLC: 0.87

Gharibwal Cement Cash-to-Debt Historical Data

The historical data trend for Gharibwal Cement'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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Gharibwal Cement Cash-to-Debt Chart

Gharibwal Cement Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

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0.13

0.50

0.73

1.59

0.69

Gharibwal Cement Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															2.19	1.07	0.77	0.69	0.87

Competitive Comparison of Gharibwal Cement's Cash-to-Debt

For the Building Materials subindustry, Gharibwal Cement'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.

Gharibwal Cement's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Gharibwal Cement's Cash-to-Debt distribution charts can be found below:

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

Gharibwal Cement 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.

Gharibwal Cement's Cash to Debt Ratio for the fiscal year that ended in Jun. 2024 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)
	=	804.206	/	(204.786	+	959.907)
	=	0.69

Gharibwal Cement's Cash to Debt Ratio for the quarter that ended in Sep. 2024 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)
	=	996.763	/	(259.799	+	889.944)
	=	0.87

Gharibwal Cement (KAR:GWLC) 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.

Gharibwal Cement Cash-to-Debt Related Terms

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Gharibwal Cement Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Gharibwal Cement Ltd (KAR:GWLC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

27 H-Block, College Road, Gulberg-II, 1st Floor, Pace Tower, Lahore, PB, PAK

Website

http://www.gharibwalcement.com

Gharibwal Cement Ltd is engaged in the production and sale of cement. The firm offers Ordinary Portland Cement (OPC) that is used in all general constructions, especially in prominent projects where cement is needed to meet strict quality requirements.

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