Global Longlife Hospital & Research (BOM:543520) Cash-to-Debt : 0.28 (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Global Longlife Hospital & Research 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. Global Longlife Hospital & Research's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.28.

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, Global Longlife Hospital & Research couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Global Longlife Hospital & Research's Cash-to-Debt or its related term are showing as below:

BOM:543520' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.06 Max: 1.8
Current: 0.28

During the past 5 years, Global Longlife Hospital & Research's highest Cash to Debt Ratio was 1.80. The lowest was 0.02. And the median was 0.06.

BOM:543520's Cash-to-Debt is ranked worse than
64.34% of 659 companies
in the Healthcare Providers & Services industry
Industry Median: 0.66 vs BOM:543520: 0.28

Global Longlife Hospital & Research Cash-to-Debt Historical Data

The historical data trend for Global Longlife Hospital & Research'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.

Global Longlife Hospital & Research Cash-to-Debt Chart

Global Longlife Hospital & Research Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

0.02

0.06

0.05

0.04

0.40

Global Longlife Hospital & Research Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial			N/A	0.04	1.80	0.40	0.28

Competitive Comparison of Global Longlife Hospital & Research's Cash-to-Debt

For the Medical Care Facilities subindustry, Global Longlife Hospital & Research'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.

Global Longlife Hospital & Research's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Global Longlife Hospital & Research's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Global Longlife Hospital & Research's Cash-to-Debt falls into.

Global Longlife Hospital & Research 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.

Global Longlife Hospital & Research's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	37.222	/	(56.536	+	36.423)
	=	0.40

Global Longlife Hospital & Research's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	31.184	/	(99.16	+	13.888)
	=	0.28

Global Longlife Hospital & Research (BOM:543520) 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.

Global Longlife Hospital & Research Cash-to-Debt Related Terms

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

Global Longlife Hospital & Research (BOM:543520) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Global Longlife Hospital & Research Ltd (BOM:543520) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pakwan Cross Road, Near Sindhubhavan Road, Near Water Tank, Opposite Auda Garden, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.globalhospital.co.in

Global Longlife Hospital & Research Ltd provides health care services. The company offers Oncology, Ophthalmology, Cardiology, Dermatology, Gynecology, Spine Surgery, Plastic Surgery, Ultrasound, Microbiology, Dialysis, and Physiotherapy among other healthcare services.

Global Longlife Hospital & Research (BOM:543520) Headlines

No Headlines