GCCP Resources (SGX:41T) Cash-to-Debt : 0.39 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is GCCP Resources 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. GCCP Resources's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.39.

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, GCCP Resources 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 GCCP Resources's Cash-to-Debt or its related term are showing as below:

SGX:41T' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 12.55
Current: 0.39

During the past 11 years, GCCP Resources's highest Cash to Debt Ratio was 12.55. The lowest was 0.00. And the median was 0.02.

SGX:41T's Cash-to-Debt is ranked worse than
54.83% of 383 companies
in the Building Materials industry
Industry Median: 0.47 vs SGX:41T: 0.39

GCCP Resources Cash-to-Debt Historical Data

The historical data trend for GCCP Resources'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.

GCCP Resources Cash-to-Debt Chart

GCCP Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.01

0.04

0.01

1.41

GCCP Resources 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															0.05	0.80	8.75	1.41	0.39

Competitive Comparison of GCCP Resources's Cash-to-Debt

For the Building Materials subindustry, GCCP Resources'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.

GCCP Resources's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, GCCP Resources's Cash-to-Debt distribution charts can be found below:

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

GCCP Resources 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.

GCCP Resources'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)
	=	0.445	/	(0.133	+	0.183)
	=	1.41

GCCP Resources'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)
	=	0.118	/	(0.129	+	0.175)
	=	0.39

GCCP Resources (SGX:41T) 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.

GCCP Resources Cash-to-Debt Related Terms

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

GCCP Resources (SGX:41T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » GCCP Resources Ltd (SGX:41T) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

D21-1, Menara Mitraland, No. 13A, Jalan PJU 5, Kota Damansara,, Petaling Jaya, SGR, MYS, 47810

Website

https://www.gccpresources.com

GCCP Resources Ltd is in the business of quarrying and the processing of calcium carbonate. The company quarries and processes by crushing the quarried calcium carbonate into varying particle sizes. The group owns two calcium carbonate assets, namely Gridland Quarry and GCCP Marble Quarries. The quarries are located in Ipoh, Perak, Malaysia.

GCCP Resources (SGX:41T) Headlines

No Headlines