Golden Bridge Electech (TPE:6133) Cash-to-Debt : 0.72 (As of Mar. 2024)

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What is Golden Bridge Electech 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. Golden Bridge Electech's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.72.

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, Golden Bridge Electech 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 Golden Bridge Electech's Cash-to-Debt or its related term are showing as below:

TPE:6133' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.37 Med: 3.2 Max: 441.91
Current: 0.72

During the past 13 years, Golden Bridge Electech's highest Cash to Debt Ratio was 441.91. The lowest was 0.37. And the median was 3.20.

TPE:6133's Cash-to-Debt is ranked worse than
60.59% of 2926 companies
in the Industrial Products industry
Industry Median: 1.22 vs TPE:6133: 0.72

Golden Bridge Electech Cash-to-Debt Historical Data

The historical data trend for Golden Bridge Electech'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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Golden Bridge Electech Cash-to-Debt Chart

Golden Bridge Electech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

2.51

1.02

0.59

0.42

0.73

Golden Bridge Electech 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															0.58	0.72	0.81	0.73	0.72

Competitive Comparison of Golden Bridge Electech's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Golden Bridge Electech'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.

Golden Bridge Electech's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Golden Bridge Electech's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Golden Bridge Electech's Cash-to-Debt falls into.

Golden Bridge Electech 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.

Golden Bridge Electech'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)
	=	454.013	/	(586.071	+	39.891)
	=	0.73

Golden Bridge Electech'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)
	=	435.001	/	(568.961	+	33.612)
	=	0.72

Golden Bridge Electech (TPE:6133) 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.

Golden Bridge Electech Cash-to-Debt Related Terms

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Golden Bridge Electech (TPE:6133) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Golden Bridge Electech Inc (TPE:6133) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Beishen Road,, 3rd Floor, No. 6, Lane 270, Section 3, Shenkeng District, New Taipei City, TWN

Website

http://www.gbe.com.tw

Golden Bridge Electech Inc is a provider of cable design. The Company's main business is the manufacturing and sales of wires and wireless products for computer peripherals, ultra-high frequency communications, consumer electronics, as well as various types of power supply cables, and is developing into a technology solution provider. It offers interconnect solutions for automotive electronics; communications; and Industrial use.

Golden Bridge Electech (TPE:6133) Headlines

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