Gulf Hotels Group BSC (BAH:GHG) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is Gulf Hotels Group BSC 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. Gulf Hotels Group BSC's cash to debt ratio for the quarter that ended in Mar. 2024 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, Gulf Hotels Group BSC could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(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 Gulf Hotels Group BSC's Cash-to-Debt or its related term are showing as below:

BAH:GHG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.36 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Gulf Hotels Group BSC's highest Cash to Debt Ratio was No Debt. The lowest was 0.36. And the median was No Debt.

BAH:GHG's Cash-to-Debt is ranked better than
99.88% of 823 companies
in the Travel & Leisure industry
Industry Median: 0.58 vs BAH:GHG: No Debt

Gulf Hotels Group BSC Cash-to-Debt Historical Data

The historical data trend for Gulf Hotels Group BSC'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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Gulf Hotels Group BSC Cash-to-Debt Chart

Gulf Hotels Group BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.57

0.36

1.11

No Debt

Gulf Hotels Group BSC 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															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Gulf Hotels Group BSC's Cash-to-Debt

For the Lodging subindustry, Gulf Hotels Group BSC'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.

Gulf Hotels Group BSC's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gulf Hotels Group BSC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Gulf Hotels Group BSC's Cash-to-Debt falls into.

Gulf Hotels Group BSC 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.

Gulf Hotels Group BSC's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Gulf Hotels Group BSC had no debt ⁽¹⁾.

Gulf Hotels Group BSC's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Gulf Hotels Group BSC had no debt ⁽¹⁾.

Gulf Hotels Group BSC (BAH:GHG) 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.

Gulf Hotels Group BSC Cash-to-Debt Related Terms

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Gulf Hotels Group BSC (BAH:GHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gulf Hotels Group BSC (BAH:GHG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 580, Manama, BHR

Website

http://www.gulfhotelsgroup.com

Gulf Hotels Group BSC is involved in providing hospitality services. The company owns and operates the Gulf Hotel and Crown Plaza Hotels in the Kingdom of Bahrain and Gulf Court Hotel Business Bay in Dubai, UAE, GHG Colombo in Sri Lanka. The company has three segments; Hotel operations including Hotel rooms and rental and executive apartments and offices, food and beverage including the sale of food and beverages, and convention operations, and Investments and other activities including Investment activities of the Group. The company generates revenue on letting hotel rooms and sale of food and beverages.