GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » General Dynamics Corp (FRA:GDX) » Definitions » Cash-to-Debt

General Dynamics (FRA:GDX) Cash-to-Debt : 0.09 (As of Mar. 2024)


View and export this data going back to 1952. Start your Free Trial

What is General Dynamics 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. General Dynamics's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.09.

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

FRA:GDX' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05   Med: 0.19   Max: 1.31
Current: 0.09

During the past 13 years, General Dynamics's highest Cash to Debt Ratio was 1.31. The lowest was 0.05. And the median was 0.19.

FRA:GDX's Cash-to-Debt is ranked worse than
85.37% of 294 companies
in the Aerospace & Defense industry
Industry Median: 0.705 vs FRA:GDX: 0.09

General Dynamics Cash-to-Debt Historical Data

The historical data trend for General Dynamics'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.

General Dynamics Cash-to-Debt Chart

General Dynamics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.19 0.12 0.10 0.17

General Dynamics 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.10 0.12 0.17 0.09

Competitive Comparison of General Dynamics's Cash-to-Debt

For the Aerospace & Defense subindustry, General Dynamics'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.


General Dynamics's Cash-to-Debt Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, General Dynamics's Cash-to-Debt distribution charts can be found below:

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



General Dynamics 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.

General Dynamics's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

General Dynamics's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

* 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.


General Dynamics  (FRA:GDX) 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.


General Dynamics Cash-to-Debt Related Terms

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


General Dynamics (FRA:GDX) Business Description

Address
11011 Sunset Hills Road, Reston, VA, USA, 20190
General Dynamics is a defense contractor and business jet manufacturer. The firm's segments include aerospace, marine, combat systems, and technologies. General Dynamics' aerospace segment creates Gulfstream business jets and operates a global aircraft servicing operation. Combat systems produces land-based combat vehicles such as the M1 Abrams tank and Stryker armored personnel carrier, as well as munitions. The marine segment creates and services nuclear-powered submarines, destroyers, and other ships. The technologies segment contains two main units, an IT business that primarily serves the government market and a mission systems business that focuses on products that provide command, control, computing, intelligence, surveillance, and reconnaissance capabilities to the military.

General Dynamics (FRA:GDX) Headlines

From GuruFocus

Top 5 2nd Quarter Trades of United Capital Management of KS, Inc.

By GuruFocus Research GuruFocus Editor 08-04-2022

Is Investing in Gold Advisable in 2022?

By Annie Oeth 03-21-2022

Brown University's Top 5 Sells of the 3rd Quarter

By GuruFocus Research GuruFocus Editor 11-03-2022