Glantus Holdings (LSE:GLAN) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Glantus 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. Glantus Holdings's cash to debt ratio for the quarter that ended in Jun. 2023 was No Debt ⁽¹⁾.

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, Glantus Holdings could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

(1) 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.

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

LSE:GLAN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.49 Max: No Debt
Current: 0.06

During the past 6 years, Glantus Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 0.49.

LSE:GLAN's Cash-to-Debt is not ranked
in the Software industry.
Industry Median: 2.42 vs LSE:GLAN: 0.06

Glantus Holdings Cash-to-Debt Historical Data

The historical data trend for Glantus 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.

* Premium members only.

Glantus Holdings Cash-to-Debt Chart

Glantus Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

0.47

0.50

0.30

0.22

0.03

Glantus Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial				No Debt	0.22	No Debt	0.03	No Debt

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

For the Software - Infrastructure subindustry, Glantus 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.

Glantus Holdings's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Glantus Holdings's Cash-to-Debt distribution charts can be found below:

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

Glantus 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.

Glantus Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	0.297	/	(4.481	+	6.724)
	=	0.03

Glantus Holdings's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

Glantus Holdings had no debt ⁽¹⁾.

Glantus Holdings (LSE:GLAN) 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.

Glantus Holdings Cash-to-Debt Related Terms

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

Glantus Holdings (LSE:GLAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Glantus Holdings PLC (LSE:GLAN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Eastpoint Business Park, Marina House, Block V, Clontarf, Dublin, IRL, D03 AX24

Website

https://www.glantus.com

Glantus Holdings PLC is engaged in the specialist provision of next-generation software platforms focused on manufacturing, distribution, and related industries. The company derives revenues from Products and licenses, Annual subscriptions, Professional Services, and Vendor recovery services. The company earns the majority of its revenue from the United States of America and has presence in the United Kingdom, the Republic of Ireland, and others.

Glantus Holdings (LSE:GLAN) Headlines

No Headlines

Glantus Holdings (LSE:GLAN) Cash-to-Debt : No Debt (1) (As of Jun. 2023)