Greif (GEF) Cash-to-Debt

: 0.07 (As of Jan. 2024)

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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. Greif's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.07.

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, Greif couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

GEF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.06 Max: 0.15
Current: 0.07

During the past 13 years, Greif's highest Cash to Debt Ratio was 0.15. The lowest was 0.02. And the median was 0.06.

GEF's Cash-to-Debt is ranked worse than
85.15% of 377 companies
in the Packaging & Containers industry
Industry Median: 0.41 vs GEF: 0.07

Greif Cash-to-Debt Historical Data

The historical data trend for Greif'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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Greif Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash-to-Debt

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0.03

0.04

0.05

0.07

Greif Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															0.06	0.06	0.06	0.07	0.07

Competitive Comparison

For the Packaging & Containers subindustry, Greif'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.

Greif Cash-to-Debt Distribution

For the Packaging & Containers industry and Consumer Cyclical sector, Greif's Cash-to-Debt distribution charts can be found below:

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

Greif 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.

Greif's Cash to Debt Ratio for the fiscal year that ended in Oct. 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)
	=	180.9	/	(150.9	+	2389.5)
	=	0.07

Greif's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	179.3	/	(165.2	+	2460.2)
	=	0.07

Greif (NYSE:GEF) 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.

Greif Cash-to-Debt Related Terms

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

Greif (GEF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Greif Inc (NYSE:GEF) » Definitions » Cash-to-Debt

Comparable Companies

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Traded in Other Exchanges

GEF.B:USA GB6B:Germany

Address

425 Winter Road, Delaware, OH, USA, 43015

Website

https://www.greif.com

Greif Inc is a producer of industrial packaging products and services with manufacturing facilities located in many countries. It offers a comprehensive line of rigid industrial packaging products, such as steel, fiber, and plastic drums, rigid intermediate bulk containers, closure systems for industrial packaging products, transit protection products, water bottles and remanufactured and reconditioned industrial containers, and services, such as container life cycle management, blending, filling, logistics, warehousing, and other packaging services. The company operates in three reportable business segments including Global Industrial Packaging, Paper Packaging and Services, and Land Management. It operates in North and Latin America, Europe, Middle East, Africa and Asia Pacific regions.

Executives

Miller Frank Calhoun V	director	425 WINTER ROAD, DELAWARE OH 43015
Vivian Bouet	officer: VP Chief Inf & Digital Officer	425 WINTER ROAD, DELAWARE OH 43015
Patrick Gerard Mullaney	officer: SVP, Pres. Global Industrial P	425 WINTER ROAD, DELAWARE OH 43015
Roel Vestjens	director	C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Anthony John Krabill	officer: Corporate Treasurer	425 WINTER ROAD, DELAWARE OH 43015
Michael Joseph Taylor	officer: Corporate Controller	425 WINTER ROAD, DELAWARE OH 43015
Matthew Douglas Eichmann	officer: VP, Chief Mktg & Sust. Officer	425 WINTER ROAD, DELAWARE OH 43015
Kimberly Thompson Scott	director	425 WINTER ROAD, DELAWARE OH 43015
Karen Morrison	director	425 WINTER ROAD, DELAWARE OH 43015
Tina R. Schoner	officer: SVP Chief Supply Chain Officer	425 WINTER RD., DELAWARE OH 43015
Kimberly Anne Kellermann	officer: SVP, Global Operations Group	425 WINTER ROAD, DELAWARE OH 43015
Nicholas Joseph Petitti	10 percent owner	200 CIVIC CENTER DRIVE, SUITE 1200, COLUMBUS OH 43215
Robert M Patterson	director	33587 WALKER ROAD, AVON LAKE OH 44012
Bala Sathyanarayanan	officer: SVP, Chief Human Resources Off	425 WINTER RD., DELAWARE OH 43015
Vicki L Avril	director	604 KENMARE DRIVE, BURR RIDGE IL 60527