Gilat Telecom Global (XTAE:GLTL) Cash-to-Debt : 0.91 (As of Dec. 2023)

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What is Gilat Telecom Global 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. Gilat Telecom Global's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.91.

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, Gilat Telecom Global 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 Gilat Telecom Global's Cash-to-Debt or its related term are showing as below:

XTAE:GLTL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 0.34 Max: 0.91
Current: 0.91

During the past 10 years, Gilat Telecom Global's highest Cash to Debt Ratio was 0.91. The lowest was 0.12. And the median was 0.34.

XTAE:GLTL's Cash-to-Debt is ranked better than
66.75% of 382 companies
in the Telecommunication Services industry
Industry Median: 0.35 vs XTAE:GLTL: 0.91

Gilat Telecom Global Cash-to-Debt Historical Data

The historical data trend for Gilat Telecom Global'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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Gilat Telecom Global Cash-to-Debt Chart

Gilat Telecom Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.12

0.15

0.70

0.82

0.91

Gilat Telecom Global Quarterly Data
	Mar19	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															0.82	0.77	0.50	0.61	0.91

Competitive Comparison of Gilat Telecom Global's Cash-to-Debt

For the Telecom Services subindustry, Gilat Telecom Global'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.

Gilat Telecom Global's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Gilat Telecom Global's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Gilat Telecom Global's Cash-to-Debt falls into.

Gilat Telecom Global 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.

Gilat Telecom Global'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)
	=	45.138	/	(15.084	+	34.492)
	=	0.91

Gilat Telecom Global's Cash to Debt Ratio for the quarter 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)
	=	45.138	/	(15.084	+	34.492)
	=	0.91

Gilat Telecom Global (XTAE:GLTL) 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.

Gilat Telecom Global Cash-to-Debt Related Terms

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

Gilat Telecom Global (XTAE:GLTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Gilat Telecom Global Ltd (XTAE:GLTL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

21 Yegia Kapayim Street, P O Box 7144, Petach-Tikva, ISR, 4913020

Website

https://www.gilat.net

Gilat Telecom Global Ltd is engaged in providing end-to-end communication solutions including bandwidth and connectivity over satellite, fiber optic, and radio infrastructure to cellular operators, Internet providers, enterprises, government organizations, and emergency and rescue services in Africa and the middle east.

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