Grand Plaza Hotel (PHS:GPH) Cash-to-Debt : 3.36 (As of Jun. 2024)

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What is Grand Plaza Hotel 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. Grand Plaza Hotel's cash to debt ratio for the quarter that ended in Jun. 2024 was 3.36.

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, Grand Plaza Hotel could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

PHS:GPH' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.53 Med: 3.47 Max: No Debt
Current: 3.36

During the past 13 years, Grand Plaza Hotel's highest Cash to Debt Ratio was No Debt. The lowest was 1.53. And the median was 3.47.

PHS:GPH's Cash-to-Debt is ranked better than
75.18% of 826 companies
in the Travel & Leisure industry
Industry Median: 0.515 vs PHS:GPH: 3.36

Grand Plaza Hotel Cash-to-Debt Historical Data

The historical data trend for Grand Plaza Hotel'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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Grand Plaza Hotel Cash-to-Debt Chart

Grand Plaza Hotel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.79

1.57

2.30

3.00

3.42

Grand Plaza Hotel Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															2.84	3.08	3.42	3.39	3.36

Competitive Comparison of Grand Plaza Hotel's Cash-to-Debt

For the Lodging subindustry, Grand Plaza Hotel'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.

Grand Plaza Hotel's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Grand Plaza Hotel's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Grand Plaza Hotel's Cash-to-Debt falls into.

Grand Plaza Hotel 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.

Grand Plaza Hotel's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	543.363	/	(4.995	+	153.929)
	=	3.42

Grand Plaza Hotel's Cash to Debt Ratio for the quarter 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)
	=	556.808	/	(14.71	+	151.274)
	=	3.35

Grand Plaza Hotel (PHS:GPH) 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.

Grand Plaza Hotel Cash-to-Debt Related Terms

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Grand Plaza Hotel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Grand Plaza Hotel Corp (PHS:GPH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Roxas Boulevard corner EDSA Extension, 10th Floor, The Heritage Hotel Manila, Pasay, PHL

Website

https://www.grandplazahotelcorp.com

Grand Plaza Hotel Corp operates in the hospitality industry. The company owns, leases and manages hotels, inns, and resorts. It operates hotels that offer rooms, facilities, and amenities such as restaurants, function halls, grand ballroom, gymnasium, and outdoor swimming pool.

Grand Plaza Hotel Headlines

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