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Getin Holding (WAR:GTN) Cash-to-Debt : No Debt (1) (As of Mar. 2024)


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What is Getin Holding 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. Getin Holding'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, Getin Holding 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 Getin Holding's Cash-to-Debt or its related term are showing as below:

WAR:GTN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.62   Med: 1.81   Max: No Debt
Current: No Debt

During the past 13 years, Getin Holding's highest Cash to Debt Ratio was No Debt. The lowest was 0.62. And the median was 1.81.

WAR:GTN's Cash-to-Debt is ranked better than
99.72% of 1426 companies
in the Banks industry
Industry Median: 1.29 vs WAR:GTN: No Debt

Getin Holding Cash-to-Debt Historical Data

The historical data trend for Getin Holding'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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Getin Holding Cash-to-Debt Chart

Getin Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 12.57 No Debt No Debt No Debt

Getin Holding 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Getin Holding's Cash-to-Debt

For the Banks - Regional subindustry, Getin Holding'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.


Getin Holding's Cash-to-Debt Distribution in the Banks Industry

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

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



Getin Holding 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.

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

Getin Holding had no debt (1).

Getin Holding's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Getin Holding had no debt (1).

* 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.


Getin Holding  (WAR:GTN) 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.


Getin Holding Cash-to-Debt Related Terms

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Getin Holding (WAR:GTN) Business Description

Traded in Other Exchanges
N/A
Address
Zwyci?ska 45, lok. 3.3.1, Wroclaw, POL, 53-033
Getin Holding SA is a financial holding company that invests in companies from the financial sector in Poland and abroad. The company operates in the following areas: banking services, leasing services, and financial services.