G-Resources Group (G-Resources Group) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is G-Resources Group 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. G-Resources Group's cash to debt ratio for the quarter that ended in Dec. 2023 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, G-Resources Group could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(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 G-Resources Group's Cash-to-Debt or its related term are showing as below:

GGPXF' s Cash-to-Debt Range Over the Past 10 Years
Min: 70.88 Med: No Debt Max: 19149.6
Current: No Debt

During the past 13 years, G-Resources Group's highest Cash to Debt Ratio was 19149.60. The lowest was 70.88. And the median was No Debt.

GGPXF's Cash-to-Debt is ranked better than
99.93% of 1470 companies
in the Asset Management industry
Industry Median: 5.845 vs GGPXF: No Debt

G-Resources Group Cash-to-Debt Historical Data

The historical data trend for G-Resources Group'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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G-Resources Group Cash-to-Debt Chart

G-Resources Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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3,892.82

19,167.78

6,794.50

No Debt

G-Resources Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															6,794.50	10,657.32	No Debt	No Debt	No Debt

Competitive Comparison of G-Resources Group's Cash-to-Debt

For the Asset Management subindustry, G-Resources Group'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.

G-Resources Group's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, G-Resources Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where G-Resources Group's Cash-to-Debt falls into.

G-Resources Group 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.

G-Resources Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

G-Resources Group had no debt ⁽¹⁾.

G-Resources Group's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

G-Resources Group had no debt ⁽¹⁾.

G-Resources Group (OTCPK:GGPXF) 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.

G-Resources Group Cash-to-Debt Related Terms

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

G-Resources Group (G-Resources Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » G-Resources Group Ltd (OTCPK:GGPXF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

01051:Hong Kong

Address

No. 151 Gloucester Road, Room 1801, 18th Floor, Capital Centre, Wanchai, Hong Kong, HKG

Website

https://www.g-resources.com

G-Resources Group Ltd is an investment and financial services company. The company is split across three segments: Principal investment business, Financial services business, and Real property business. The Principal investment business which derives majority revenue invests in listed and unlisted financial securities, including shares, bonds, and managed investments. The Financial services business generates revenue primarily from interest from money lending operations, and partly from commission income from financial services provided. The Real property business invests in Hong Kong commercial property and derives income through rent.

G-Resources Group (G-Resources Group) Headlines

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G-Resources Group (G-Resources Group) Cash-to-Debt : No Debt (1) (As of Dec. 2023)