Grupa Kety (WAR:KTY) Cash-to-Debt : 0.09 (As of Mar. 2024)

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What is Grupa Kety 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. Grupa Kety's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.09.

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, Grupa Kety couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

WAR:KTY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.16 Max: 0.42
Current: 0.09

During the past 13 years, Grupa Kety's highest Cash to Debt Ratio was 0.42. The lowest was 0.07. And the median was 0.16.

WAR:KTY's Cash-to-Debt is ranked worse than
91.08% of 2636 companies
in the Metals & Mining industry
Industry Median: 17.875 vs WAR:KTY: 0.09

Grupa Kety Cash-to-Debt Historical Data

The historical data trend for Grupa Kety'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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Grupa Kety Cash-to-Debt Chart

Grupa Kety Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.12

0.21

0.09

0.11

0.08

Grupa Kety Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.12	0.12	0.14	0.08	0.09

Competitive Comparison of Grupa Kety's Cash-to-Debt

For the Aluminum subindustry, Grupa Kety'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.

Grupa Kety's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Grupa Kety's Cash-to-Debt distribution charts can be found below:

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

Grupa Kety 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.

Grupa Kety'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)
	=	79.178	/	(515.127	+	505.303)
	=	0.08

Grupa Kety's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	80.029	/	(227.144	+	689.201)
	=	0.09

Grupa Kety (WAR:KTY) 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.

Grupa Kety Cash-to-Debt Related Terms

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

Grupa Kety (WAR:KTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Grupa Kety SA (WAR:KTY) » Definitions » Cash-to-Debt

Traded in Other Exchanges

GQ2:Germany

Address

ul. Ko?ciuszki 111, Kety, POL, 32-650

Website

http://www.gk-kety.com.pl

Grupa Kety SA manufactures and sells extruded aluminum and other aluminum products primarily to industrial customers. The firm organizes itself into five segments based on product. The Extruded Products segment manufactures aluminum profiles. The Flexible Packaging segment produces and sells packaging to the food industry. The Aluminum Systems segment, which generates the most revenue of any segment, sells aluminum systems to the building industry. The Building Accessories and Building Services segments produce and sell hardware and aluminum facades to the construction industry. The vast majority of Grupa Kety's revenue comes from Poland, where the company's operations are also located.

Grupa Kety (WAR:KTY) Headlines

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