Goldenbridge Acquisition (Goldenbridge Acquisition) Cash-to-Debt : 0.05 (As of Dec. 2022)

View and export this data going back to 2021. Start your Free Trial

What is Goldenbridge Acquisition 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. Goldenbridge Acquisition's cash to debt ratio for the quarter that ended in Dec. 2022 was 0.05.

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, Goldenbridge Acquisition couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

GBRGU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.24 Max: No Debt
Current: 0.05

During the past 3 years, Goldenbridge Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 0.24.

GBRGU's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.56 vs GBRGU: 0.05

Goldenbridge Acquisition Cash-to-Debt Historical Data

The historical data trend for Goldenbridge Acquisition'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.

Goldenbridge Acquisition Cash-to-Debt Chart

Goldenbridge Acquisition Annual Data

Trend

Jun20

Jun21

Jun22

Cash-to-Debt

No Debt

0.19

Goldenbridge Acquisition Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Cash-to-Debt	Get a 7-Day Free Trial					No Debt	0.28	0.19	0.03	0.05

Competitive Comparison of Goldenbridge Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Goldenbridge Acquisition'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.

Goldenbridge Acquisition's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Goldenbridge Acquisition's Cash-to-Debt distribution charts can be found below:

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

Goldenbridge Acquisition 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.

Goldenbridge Acquisition's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	0.111	/	(0.575	+	0)
	=	0.19

Goldenbridge Acquisition's Cash to Debt Ratio for the quarter 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)
	=	0.06	/	(1.325	+	0)
	=	0.05

Goldenbridge Acquisition (NAS:GBRGU) 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.

Goldenbridge Acquisition Cash-to-Debt Related Terms

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

Goldenbridge Acquisition (Goldenbridge Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Goldenbridge Acquisition Ltd (NAS:GBRGU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

171-172 Gloucester Road, 15th Floor, Aubin House, Wanchai, Hong Kong, HKG

Website

Goldenbridge Acquisition Ltd is a blank check company.

Executives

Jeffrey A Altman	10 percent owner	640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Owl Creek Asset Management, L.p.	10 percent owner	640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Jining Li	director	FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, NO.272 JAFFE RD, WANCHAI, HONG KONG F4 00000
Yanhong Xue	officer: Chief Financial Officer	ROOM 801, PLAZA B, YONGHE BUILDING,, NO.28 ANDINGMEN EAST STREET, DONGCHENG D, BEIJING F4 100007
Kinpui Choi	director	FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, NO. 272 JAFFE ROAD, WANCHAI, HONG KONG F4 00000
Yongsheng Liu	director, officer: Chief Executive Officer	FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, N0. 272 JAFFE ROAD, WANCHAI, HONG KONG F4 00000
Ray Lei Chen	officer: Chief Operating Officer	FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, NO.272 JAFFE ROAD, WANCHAI, HONG KONG F4 00000
Claude P. Franco	director	C/O GOLDENBRIDGE ACQUISITION LIMITED, 15/F, AUBIN HOUSE, 171-172 GLOUCESTER RD, WANCHAI K3 00000
Michael E. Chen	director	75 PASTURES LANE, NEW CANAAN CT 06840