GCCB de CV (GCCB de CV) Cash-to-Debt : 1.88 (As of Mar. 2024)

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What is GCCB de CV 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. GCCB de CV's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.88.

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, GCCB de CV could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

GCWOF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.39 Max: 1.88
Current: 1.88

During the past 13 years, GCCB de CV's highest Cash to Debt Ratio was 1.88. The lowest was 0.10. And the median was 0.39.

GCWOF's Cash-to-Debt is ranked better than
76.84% of 380 companies
in the Building Materials industry
Industry Median: 0.45 vs GCWOF: 1.88

GCCB de CV Cash-to-Debt Historical Data

The historical data trend for GCCB de CV'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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GCCB de CV Cash-to-Debt Chart

GCCB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.51

0.86

1.23

1.60

1.83

GCCB de CV 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															1.57	1.49	1.63	1.83	1.88

Competitive Comparison of GCCB de CV's Cash-to-Debt

For the Building Materials subindustry, GCCB de CV'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.

GCCB de CV's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, GCCB de CV's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where GCCB de CV's Cash-to-Debt falls into.

GCCB de CV 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.

GCCB de CV's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	958.725	/	(9.443	+	515.405)
	=	1.83

GCCB de CV's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	980.461	/	(8.612	+	513.905)
	=	1.88

GCCB de CV (OTCPK:GCWOF) 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.

GCCB de CV Cash-to-Debt Related Terms

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

GCCB de CV (GCCB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » GCC SAB de CV (OTCPK:GCWOF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GCC:Mexico

Address

Avenida Vicente Suarez y Sexta s/n, Zona Industrial Nombre de Dios, Chihuahua, CHIH, MEX, 31105

Website

https://www.gcc.com

GCC SAB de CV is a producer of cement and ready-mix concrete-like gray Portland cement, mortar, premixed concrete, concrete blocks, plaster, aggregates and other construction materials. It operates in the United States and Mexico. In Mexico, it operates mainly in three cement plants located in Ciudad Juarez, Samalayuca and Chihuahua and two distribution centres. In the United States, it has cement plants located in Pueblo, Colorado; Rapid City, South Dakota; Three Forks, Montana; Tijeras, New Mexico and Odessa, Texas.

GCCB de CV (GCCB de CV) Headlines

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