GCT Semiconductor Holding (GCT Semiconductor Holding) Cash-to-Debt : 0.31 (As of Mar. 2024)

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What is GCT Semiconductor 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. GCT Semiconductor Holding's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.31.

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, GCT Semiconductor Holding couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for GCT Semiconductor Holding's Cash-to-Debt or its related term are showing as below:

GCTS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.31
Current: 0.31

During the past 3 years, GCT Semiconductor Holding's highest Cash to Debt Ratio was 0.31. The lowest was 0.00. And the median was 0.02.

GCTS's Cash-to-Debt is ranked worse than
83.65% of 991 companies
in the Semiconductors industry
Industry Median: 1.8 vs GCTS: 0.31

GCT Semiconductor Holding Cash-to-Debt Historical Data

The historical data trend for GCT Semiconductor 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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GCT Semiconductor Holding Cash-to-Debt Chart

GCT Semiconductor Holding Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

0.02

GCT Semiconductor Holding Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial			0.02	N/A	-	-	0.31

Competitive Comparison of GCT Semiconductor Holding's Cash-to-Debt

For the Semiconductors subindustry, GCT Semiconductor 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.

GCT Semiconductor Holding's Cash-to-Debt Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, GCT Semiconductor Holding's Cash-to-Debt distribution charts can be found below:

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

GCT Semiconductor Holding 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.

GCT Semiconductor Holding'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)
	=	0.258	/	(72.983	+	7.089)
	=	0.00

GCT Semiconductor Holding's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	16.122	/	(46.164	+	5.346)
	=	0.31

GCT Semiconductor Holding (NYSE:GCTS) 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.

GCT Semiconductor Holding Cash-to-Debt Related Terms

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GCT Semiconductor Holding (GCT Semiconductor Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » GCT Semiconductor Holding Inc (NYSE:GCTS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2290 North 1st Street, Suite 201, San Jose, CA, USA, 95131

Website

https://www.gctsemi.com

GCT Semiconductor Holding Inc. is a designer and supplier of 5G and 4G LTE semiconductor solutions. It enabled fast and reliable 4G LTE connectivity to numerous commercial devices such as CPEs, mobile hotspots, routers, M2M applications and smartphones, etc. The system-on-chip solutions integrate radio frequency, baseband modem and digital signal processing functions, therefore offering complete 4G and 5G platform solutions with small form factors, low power consumption, high performance, high reliability, and cost-effectiveness.

GCT Semiconductor Holding (GCT Semiconductor Holding) Headlines

From GuruFocus

GCT Semiconductor Appoints Nelson C. Chan to Board of Directors

By Business Wire • 04-01-2024