Global Education (NSE:GLOBAL) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Global Education 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 Education's cash to debt ratio for the quarter that ended in Dec. 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, Global Education could pay off its debt using the cash in hand for the quarter that ended in Dec. 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 Global Education's Cash-to-Debt or its related term are showing as below:

NSE:GLOBAL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: No Debt Max: No Debt
Current: No Debt

During the past 11 years, Global Education's highest Cash to Debt Ratio was No Debt. The lowest was 0.07. And the median was No Debt.

NSE:GLOBAL's Cash-to-Debt is ranked better than
99.62% of 263 companies
in the Education industry
Industry Median: 1.17 vs NSE:GLOBAL: No Debt

Global Education Cash-to-Debt Historical Data

The historical data trend for Global Education'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 Education Cash-to-Debt Chart

Global Education Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

Global Education Quarterly Data
	Sep18	Mar19	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															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Global Education's Cash-to-Debt

For the Education & Training Services subindustry, Global Education'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 Education's Cash-to-Debt Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Global Education's Cash-to-Debt distribution charts can be found below:

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

Global Education 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 Education's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Global Education had no debt ⁽¹⁾.

Global Education's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Global Education had no debt ⁽¹⁾.

Global Education (NSE:GLOBAL) 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 Education Cash-to-Debt Related Terms

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

Global Education (NSE:GLOBAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Global Education Ltd (NSE:GLOBAL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

345, Kingsway, 4th Floor, Usha Complex, Nagpur, MH, IND, 440001

Website

https://www.globaledu.net.in

Global Education Ltd is a service provider for educational support and related activities. It operates in two segments, namely, Educational Training and Development Activities and Educational Business Support Activities. The company offers professional training and skill development to corporates, teachers, and students for human capital development and other business support services to educational institutions. The company earns its major revenue from the Educational Business Support Activities segment.

Global Education (NSE:GLOBAL) Headlines

No Headlines

Global Education (NSE:GLOBAL) Cash-to-Debt : No Debt (1) (As of Dec. 2023)