Golden Eagle Retail Group (Golden Eagle Retail Group) Cash-to-Debt : 1.38 (As of Jun. 2023)

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What is Golden Eagle Retail 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. Golden Eagle Retail Group's cash to debt ratio for the quarter that ended in Jun. 2023 was 1.38.

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, Golden Eagle Retail Group could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

The historical rank and industry rank for Golden Eagle Retail Group's Cash-to-Debt or its related term are showing as below:

GDNEY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.49 Med: 0.84 Max: 1.38
Current: 1.38

During the past 13 years, Golden Eagle Retail Group's highest Cash to Debt Ratio was 1.38. The lowest was 0.49. And the median was 0.84.

GDNEY's Cash-to-Debt is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.47 vs GDNEY: 1.38

Golden Eagle Retail Group Cash-to-Debt Historical Data

The historical data trend for Golden Eagle Retail 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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Golden Eagle Retail Group Cash-to-Debt Chart

Golden Eagle Retail Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.76

0.84

0.99

1.15

1.08

Golden Eagle Retail Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															0.98	1.15	1.12	1.08	1.38

Competitive Comparison of Golden Eagle Retail Group's Cash-to-Debt

For the Department Stores subindustry, Golden Eagle Retail 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.

Golden Eagle Retail Group's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Golden Eagle Retail Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Golden Eagle Retail Group's Cash-to-Debt falls into.

Golden Eagle Retail 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.

Golden Eagle Retail Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	1148.035	/	(422.185	+	639.146)
	=	1.08

Golden Eagle Retail Group's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	1158.371	/	(679.512	+	162.589)
	=	1.38

Golden Eagle Retail Group (OTCPK:GDNEY) 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 Eagle Retail Group Cash-to-Debt Related Terms

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

Golden Eagle Retail Group (Golden Eagle Retail Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Golden Eagle Retail Group Ltd (OTCPK:GDNEY) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 888 Yingtian Street, 17th Floor, Block A, Golden Eagle World, Jianye District, Nanjing, CHN

Website

http://www.geretail.com

Golden Eagle Retail Group Ltd is principally engaged in the development and operation of department stores in China. Targeting the mid-to-high end market, the company's stores are primarily located in four provinces and one municipality, including Jiangsu, Anhui, Shaanxi, Yunnan, and Shanghai. In addition to the core function as a department store chain, the company's stores also provide other functions and amenities, such as dining, entertainment, beauty, and personal care, cinemas, and preschool education. Specifically, for the company's stores, the majority of the total gross floor area is located in self-owned properties.

Golden Eagle Retail Group (Golden Eagle Retail Group) Headlines

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