GCACW (Growth Capital Acquisition) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2021)

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

What is Growth Capital 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. Growth Capital Acquisition's cash to debt ratio for the quarter that ended in Sep. 2021 was No Debt ⁽¹⁾.

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, Growth Capital Acquisition could pay off its debt using the cash in hand for the quarter that ended in Sep. 2021.

(1) 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.

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

GCACW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.64 Med: No Debt Max: No Debt
Current: No Debt

During the past 3 years, Growth Capital Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.64. And the median was No Debt.

GCACW's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 7.16 vs GCACW: No Debt

Growth Capital Acquisition Cash-to-Debt Historical Data

The historical data trend for Growth Capital 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.

Growth Capital Acquisition Cash-to-Debt Chart

Growth Capital Acquisition Annual Data

Trend

Mar19

Mar20

Mar21

Cash-to-Debt

No Debt

Growth Capital Acquisition Semi-Annual Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Cash-to-Debt	Get a 7-Day Free Trial						0.77	0.64	No Debt	No Debt	No Debt

Competitive Comparison of Growth Capital Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Growth Capital 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.

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

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

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

Save Embed

;

Save Embed

;

Growth Capital 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.

Growth Capital Acquisition's Cash to Debt Ratio for the fiscal year that ended in Mar. 2021 is calculated as:

Growth Capital Acquisition had no debt ⁽¹⁾.

Growth Capital Acquisition's Cash to Debt Ratio for the quarter that ended in Sep. 2021 is calculated as:

Growth Capital Acquisition had no debt ⁽¹⁾.

Growth Capital Acquisition (NAS:GCACW) 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.

Growth Capital Acquisition Cash-to-Debt Related Terms

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