GPS Participacoes E Empreendimentos (BSP:GGPS3) Cash-to-Debt : 0.68 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is GPS Participacoes E Empreendimentos 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. GPS Participacoes E Empreendimentos's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.68.

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, GPS Participacoes E Empreendimentos 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 GPS Participacoes E Empreendimentos's Cash-to-Debt or its related term are showing as below:

BSP:GGPS3' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.56 Med: 0.69 Max: 0.8
Current: 0.68

During the past 6 years, GPS Participacoes E Empreendimentos's highest Cash to Debt Ratio was 0.80. The lowest was 0.56. And the median was 0.69.

BSP:GGPS3's Cash-to-Debt is ranked worse than
55.37% of 1062 companies
in the Business Services industry
Industry Median: 1 vs BSP:GGPS3: 0.68

GPS Participacoes E Empreendimentos Cash-to-Debt Historical Data

The historical data trend for GPS Participacoes E Empreendimentos'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.

* Premium members only.

GPS Participacoes E Empreendimentos Cash-to-Debt Chart

GPS Participacoes E Empreendimentos Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.59

0.56

0.78

0.80

0.68

GPS Participacoes E Empreendimentos Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial												0.80	0.87	0.80	0.80	0.68

Competitive Comparison of GPS Participacoes E Empreendimentos's Cash-to-Debt

For the Specialty Business Services subindustry, GPS Participacoes E Empreendimentos'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.

GPS Participacoes E Empreendimentos's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, GPS Participacoes E Empreendimentos's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where GPS Participacoes E Empreendimentos's Cash-to-Debt falls into.

GPS Participacoes E Empreendimentos 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.

GPS Participacoes E Empreendimentos'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)
	=	2256.41	/	(541.842	+	2791.224)
	=	0.68

GPS Participacoes E Empreendimentos'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)
	=	2256.41	/	(541.842	+	2791.224)
	=	0.68

GPS Participacoes E Empreendimentos (BSP:GGPS3) 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.

GPS Participacoes E Empreendimentos Cash-to-Debt Related Terms

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

GPS Participacoes E Empreendimentos (BSP:GGPS3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » GPS Participacoes E Empreendimentos SA (BSP:GGPS3) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Miguel Frias e Vasconcelos, 1215, Jaguare, Sao Paulo, SP, BRA

Website

https://en.gpssa.com.br

GPS Participacoes E Empreendimentos SA is engaged in the provision of property security services, sanitation and cleaning services, indoor logistics services, electronic security services, implementation, operation and building maintenance, maritime hotel services on oil platforms, kitchen services and meal sales, highway maintenance services, and participation in companies through the acquisition of shares or capital quotas.

GPS Participacoes E Empreendimentos (BSP:GGPS3) Headlines

No Headlines