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Graphjet Technology (Graphjet Technology) Cash-to-Debt

: 0.46 (As of Sep. 2022)
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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. Graphjet Technology's cash to debt ratio for the quarter that ended in Sep. 2022 was 0.46.

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, Graphjet Technology couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2022.

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

GTI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.46   Med: 0.46   Max: 0.46
Current: 0.46

During the past 2 years, Graphjet Technology's highest Cash to Debt Ratio was 0.46. The lowest was 0.46. And the median was 0.46.

GTI's Cash-to-Debt is ranked worse than
60.74% of 1551 companies
in the Chemicals industry
Industry Median: 0.75 vs GTI: 0.46

Graphjet Technology Cash-to-Debt Historical Data

The historical data trend for Graphjet Technology'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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Array ( [0] => N/A [1] => 0.46 )
Graphjet Technology Annual Data
Trend Sep21 Sep22
Cash-to-Debt
 N/A 0.46

Graphjet Technology Semi-Annual Data
Sep21 Sep22
Cash-to-Debt N/A 0.46
Competitive Comparison

For the Specialty Chemicals subindustry, Graphjet Technology'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.

Graphjet Technology Cash-to-Debt Distribution

For the Chemicals industry and Basic Materials sector, Graphjet Technology's Cash-to-Debt distribution charts can be found below:

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


Graphjet Technology 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.

Graphjet Technology's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
=0.225 / (0.487 + 0)
=0.46

Graphjet Technology's Cash to Debt Ratio for the quarter that ended in Sep. 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)
=0.225 / (0.487 + 0)
=0.46

* 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.

Graphjet Technology  (NAS:GTI) 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.

Graphjet Technology Cash-to-Debt Related Terms

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Graphjet Technology (Graphjet Technology) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Graphjet Technology (NAS:GTI) » Definitions » Cash-to-Debt
Comparable Companies
Traded in Other Exchanges
N/A
Address
Unit No L4-E-8, Enterprise 4, Technology Park Malaysia Bukit Jalil, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 57000
Website
https://www.graphjettech.com
Graphjet Technology Sdn Bhd is a fast-growing organization that aims to be a global leader in generating value by producing the most innovative, green, and low-cost graphene, graphite and graphene-based anode materials. Graphjet is the owner of the state-of-the-art technology for the manufacture of artificial graphene and graphite used to produce critical raw materials used in a variety of industries. Its current primary business is to develop its palm-based artificial graphene and graphite manufacturing business with its proprietary patentable technology to utilize palm kernel shells in the process of manufacturing and production of artificial graphene and graphite and related application products.

Graphjet Technology (Graphjet Technology) Headlines