Gravitas Education Holdings (Gravitas Education Holdings) Cash-to-Debt : 4.16 (As of Jun. 2023)

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

What is Gravitas Education 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. Gravitas Education Holdings's cash to debt ratio for the quarter that ended in Jun. 2023 was 4.16.

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

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

GEHI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.55 Med: 1.76 Max: No Debt
Current: 4.16

During the past 9 years, Gravitas Education Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.55. And the median was 1.76.

GEHI's Cash-to-Debt is not ranked
in the Education industry.
Industry Median: 1.12 vs GEHI: 4.16

Gravitas Education Holdings Cash-to-Debt Historical Data

The historical data trend for Gravitas Education 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.

Gravitas Education Holdings Cash-to-Debt Chart

Gravitas Education Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

0.80

0.57

1.37

1.76

Gravitas Education Holdings Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															0.99	1.37	2.06	1.76	4.16

Competitive Comparison of Gravitas Education Holdings's Cash-to-Debt

For the Education & Training Services subindustry, Gravitas Education 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.

Gravitas Education Holdings's Cash-to-Debt Distribution in the Education Industry

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

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

Gravitas Education 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.

Gravitas Education 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)
	=	31.168	/	(5.372	+	12.374)
	=	1.76

Gravitas Education Holdings's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	19.753	/	(2.807	+	1.943)
	=	4.16

Gravitas Education Holdings (NYSE:GEHI) 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.

Gravitas Education Holdings Cash-to-Debt Related Terms

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

Gravitas Education Holdings (Gravitas Education Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Gravitas Education Holdings Inc (NYSE:GEHI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fangguyuan Section 1, 3rd Floor, No. 28 Building, Fangzhuang Fengtai District, Beijing, CHN, 100078

Website

https://ir.geh.com.cn

Gravitas Education Holdings Inc is an early childhood education services provider in China. The company offers early childhood education solutions to children by providing kindergarten services and play-and-learn center services, as well as at-home education products. The company has four operating segments, including PRC kindergartens, PRC play-and-learn centers, Singapore kindergartens, student care centers and others, and others. It derives a majority of its revenue from Singapore.