GMO Payment Gateway (GMO Payment Gateway) Cash-to-Debt : 2.93 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is GMO Payment Gateway 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. GMO Payment Gateway's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.93.

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, GMO Payment Gateway could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for GMO Payment Gateway's Cash-to-Debt or its related term are showing as below:

GMYTF' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.53 Med: 3.02 Max: No Debt
Current: 2.93

During the past 13 years, GMO Payment Gateway's highest Cash to Debt Ratio was No Debt. The lowest was 1.53. And the median was 3.02.

GMYTF's Cash-to-Debt is ranked better than
52.41% of 2799 companies
in the Software industry
Industry Median: 2.43 vs GMYTF: 2.93

GMO Payment Gateway Cash-to-Debt Historical Data

The historical data trend for GMO Payment Gateway'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.

GMO Payment Gateway Cash-to-Debt Chart

GMO Payment Gateway Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

Get a 7-Day Free Trial

1.54

2.71

3.02

2.97

2.74

GMO Payment Gateway 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															3.01	3.08	2.82	2.74	2.93

Competitive Comparison of GMO Payment Gateway's Cash-to-Debt

For the Software - Infrastructure subindustry, GMO Payment Gateway'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.

GMO Payment Gateway's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, GMO Payment Gateway's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where GMO Payment Gateway's Cash-to-Debt falls into.

GMO Payment Gateway 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.

GMO Payment Gateway's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	908.441	/	(137.949	+	194.249)
	=	2.73

GMO Payment Gateway'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)
	=	1085.561	/	(169.049	+	202.145)
	=	2.92

GMO Payment Gateway (OTCPK:GMYTF) 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.

GMO Payment Gateway Cash-to-Debt Related Terms

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

GMO Payment Gateway (GMO Payment Gateway) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GMO Payment Gateway Inc (OTCPK:GMYTF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

3769:Japan 3RH:Germany

Address

1-9-5 Dogenzaka, Tokyo, JPN

Website

http://corp.gmo-pg.com

GMO Payment Gateway Inc is a settlement service company. The company offers payment solutions for credit cards, convenience store settlements, catalogue and TV purchases, and online shopping and e-commerce. The service includes the processing of payments, the storage of sensitive personal data, and recurring billing options. GMO Payments Gateway operates in Japan.

GMO Payment Gateway (GMO Payment Gateway) Headlines

From GuruFocus

T. Rowe Price Japan Fund Comments on GMO Payment Gateway

By Holly LaFon Holly LaFon • 06-27-2019