Golden MV Holdings (PHS:HVN) Cash-to-Debt : 0.21 (As of Sep. 2023)

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What is Golden MV Holdings 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. Golden MV Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.21.

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, Golden MV Holdings 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 Golden MV Holdings's Cash-to-Debt or its related term are showing as below:

PHS:HVN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 0.27 Max: No Debt
Current: 0.21

During the past 10 years, Golden MV Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.14. And the median was 0.27.

PHS:HVN's Cash-to-Debt is ranked worse than
54.88% of 1793 companies
in the Real Estate industry
Industry Median: 0.26 vs PHS:HVN: 0.21

Golden MV Holdings Cash-to-Debt Historical Data

The historical data trend for Golden MV Holdings'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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Golden MV Holdings Cash-to-Debt Chart

Golden MV Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

0.25

0.37

0.21

0.28

0.14

Golden MV Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.19	0.14	0.19	0.27	0.21

Competitive Comparison of Golden MV Holdings's Cash-to-Debt

For the Real Estate - Development subindustry, Golden MV Holdings'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.

Golden MV Holdings's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Golden MV Holdings's Cash-to-Debt distribution charts can be found below:

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

Golden MV Holdings 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.

Golden MV Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	919.371	/	(3232.046	+	3193.452)
	=	0.14

Golden MV Holdings'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)
	=	1058.81	/	(1792.612	+	3194.295)
	=	0.21

Golden MV Holdings (PHS:HVN) 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.

Golden MV Holdings Cash-to-Debt Related Terms

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Golden MV Holdings (PHS:HVN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Golden MV Holdings Inc (PHS:HVN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

San Ezekiel, C5 Extension, 2nd Floor, Golden Haven Building, Villar SIPAG Complex, Las Pinas, PHL, 1746

Website

https://www.goldenhaven.com.ph

Golden MV Holdings Inc is a Philippines-based developer of memorial parks in the country in terms of the number of projects, overall sales, and land development. The Company develops, constructs, and operates columbarium and memorial chapel facilities, and is also engaged in the construction and development of residential projects in various places all over the Philippines. The company has two operating segments; the Residential segment pertains to the housing market segment of the group. It caters to the development and sale of residential houses and lots, subdivision lots, and condominium units, and The Deathcare segment pertains to the sale of memorial lots, interment income, and income from chapel services. The majority of its revenue is derived from the Residential segment.

Golden MV Holdings (PHS:HVN) Headlines

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