Guild Holdings Co (Guild Holdings Co) Cash-to-Debt : 0.23 (As of Dec. 2023)

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What is Guild Holdings Co 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. Guild Holdings Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.23.

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, Guild Holdings Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

GHLD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 0.41 Max: 1.36
Current: 0.23

During the past 6 years, Guild Holdings Co's highest Cash to Debt Ratio was 1.36. The lowest was 0.15. And the median was 0.41.

GHLD's Cash-to-Debt is ranked worse than
85.18% of 1437 companies
in the Banks industry
Industry Median: 1.26 vs GHLD: 0.23

Guild Holdings Co Cash-to-Debt Historical Data

The historical data trend for Guild Holdings Co'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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Guild Holdings Co Cash-to-Debt Chart

Guild Holdings Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.45

1.36

0.69

0.15

0.23

Guild Holdings Co Quarterly Data
	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.15	0.15	0.08	0.10	0.23

Competitive Comparison of Guild Holdings Co's Cash-to-Debt

For the Mortgage Finance subindustry, Guild Holdings Co'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.

Guild Holdings Co's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Guild Holdings Co's Cash-to-Debt distribution charts can be found below:

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

Guild Holdings Co Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Guild Holdings Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	120.26	/	(30	+	496.781)
	=	0.23

Guild Holdings Co's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	120.26	/	(30	+	496.781)
	=	0.23

Guild Holdings Co (NYSE:GHLD) 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.

Guild Holdings Co Cash-to-Debt Related Terms

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

Guild Holdings Co (Guild Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Guild Holdings Co (NYSE:GHLD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

5887 Copley Drive, San Diego, CA, USA, 92111

Website

https://www.guildmortgage.com

Guild Holdings Co is a growth-oriented mortgage company. It operates in two segments; The origination segment operates its loan origination business throughout the United States. It is responsible for loan origination, acquisition, and sale activities. This segment is further divided into retail and correspondent channel, and The servicing segment provides a steady stream of cash flow to support the origination segment more importantly it allows for the Company to build long-standing client relationships that drive repeat and referral business back to the origination segment to recapture the client's next mortgage transaction. It is responsible for the servicing activities of all loans in its servicing portfolio. It generates a majority of its revenue from the Origination segment.

Executives

Martha E. Marcon	director	4484 WILSHIRE BLVD, LOS ANGELES CA 90010
Edward Jr Bryant	director	5887 COPLEY DRIVE, SAN DIEGO CA 92111
Gioia Messinger	director	VICON INDUSTRIES, INC., 135 FELL COURT, HAUPPAUGE NY 11788
Patrick Joseph Duffy	director, 10 percent owner	5887 COPLEY DRIVE, SAN DIEGO CA 92111
Lisa Irene Klika	officer: SEE REMARKS	5887 COPLEY DRIVE, SAN DIEGO CA 92111
David Manuel Neylan	officer: See Remarks	5887 COPLEY DRIVE, SAN DIEGO CA 92111
Mary Ann Mcgarry	director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER	5887 COPLEY DRIVE, SAN DIEGO CA 92111
Terry Lynn Schmidt	director, 10 percent owner, officer: PRESIDENT	5887 COPLEY DRIVE, SAN DIEGO CA 92111
Barrett Horn	officer: See Remarks	5887 COPLEY DRIVE, SAN DIEGO CA 92111
Desiree Amber Elwell	officer: See Remarks	5887 COPLEY DRIVE, SAN DIEGO CA 92111
Mccarthy Partners, Llc	10 percent owner	1601 DODGE STREET, SUITE 3800, OMAHA NE 68102
Mcgarry Strategic Enterprises, Llc	10 percent owner	10666 FRANK DANIEL WAY, SAN DIEGO CA 92131
Mccarthy Capital Mortgage Investors, Llc	10 percent owner	1601 DODGE ST., SUITE 3800, OMAHA NE 68102
Michael Charles Meyer	director	5887 COPLEY DRIVE, SAN DIEGO CA 92111
Mccarthy Partners Management, Llc	10 percent owner	1601 DODGE STREET, SUITE 3800, OMAHA NE 68102