Green Plains (LTS:0J0P) Cash-to-Debt : 0.34 (As of Mar. 2024)

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What is Green Plains 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. Green Plains's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.34.

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, Green Plains 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 Green Plains's Cash-to-Debt or its related term are showing as below:

LTS:0J0P' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 0.45 Max: 0.79
Current: 0.34

During the past 13 years, Green Plains's highest Cash to Debt Ratio was 0.79. The lowest was 0.12. And the median was 0.45.

LTS:0J0P's Cash-to-Debt is ranked worse than
67.23% of 1535 companies
in the Chemicals industry
Industry Median: 0.74 vs LTS:0J0P: 0.34

Green Plains Cash-to-Debt Historical Data

The historical data trend for Green Plains'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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Green Plains Cash-to-Debt Chart

Green Plains Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.40

0.70

0.63

0.52

Green Plains 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															0.46	0.39	0.45	0.52	0.34

Competitive Comparison of Green Plains's Cash-to-Debt

For the Chemicals subindustry, Green Plains'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.

Green Plains's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Green Plains's Cash-to-Debt distribution charts can be found below:

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

Green Plains 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.

Green Plains'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)
	=	349.574	/	(130.713	+	545.797)
	=	0.52

Green Plains'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)
	=	237.302	/	(145.758	+	544.416)
	=	0.34

Green Plains (LTS:0J0P) 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.

Green Plains Cash-to-Debt Related Terms

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

Green Plains (LTS:0J0P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Green Plains Inc (LTS:0J0P) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GPRE:USA G3V:Germany G3V:Germany

Address

1811 Aksarben Drive, Omaha, NE, USA, 68106

Website

https://www.gpreinc.com

Green Plains Inc manufactures and sells ethanol and ethanol byproducts in three segments based on function. The ethanol production segment, which generates the majority of revenue, includes the production of ethanol, grains, and corn oil. The agribusiness and energy services segment includes the grain procurement and commodity marketing business, which markets, sells, and distributes ethanol, distillers grains, and corn oil. The partnership segment provides fuel storage and transportation services.

Green Plains (LTS:0J0P) Headlines

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