GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Genesis Unicorn Capital Corp (NAS:GENQ) » Definitions » Cash-to-Debt

Genesis Unicorn Capital (Genesis Unicorn Capital) Cash-to-Debt : 0.04 (As of Mar. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Genesis Unicorn Capital 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. Genesis Unicorn Capital's cash to debt ratio for the quarter that ended in Mar. 2023 was 0.04.

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, Genesis Unicorn Capital couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

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

GENQ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04   Med: 5000.2   Max: No Debt
Current: 0.04

During the past 2 years, Genesis Unicorn Capital's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was 5000.20.

GENQ's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.24 vs GENQ: 0.04

Genesis Unicorn Capital Cash-to-Debt Historical Data

The historical data trend for Genesis Unicorn Capital'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.

Genesis Unicorn Capital Cash-to-Debt Chart

Genesis Unicorn Capital Annual Data
Trend Dec21 Dec22
Cash-to-Debt
0.06 0.39

Genesis Unicorn Capital Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only No Debt No Debt No Debt 0.39 0.04

Competitive Comparison of Genesis Unicorn Capital's Cash-to-Debt

For the Shell Companies subindustry, Genesis Unicorn Capital'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.

Genesis Unicorn Capital's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

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


Genesis Unicorn Capital 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.

Genesis Unicorn Capital's Cash to Debt Ratio for the fiscal year 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)
=0.098 / (0.25 + 0)
=0.39

Genesis Unicorn Capital's Cash to Debt Ratio for the quarter that ended in Mar. 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)
=0.055 / (1.3 + 0)
=0.04

* 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.

Genesis Unicorn Capital  (NAS:GENQ) 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.

Genesis Unicorn Capital Cash-to-Debt Related Terms

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

Genesis Unicorn Capital (Genesis Unicorn Capital) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Genesis Unicorn Capital Corp (NAS:GENQ) » Definitions » Cash-to-Debt
Comparable Companies
AIB DUET ACAX BRAC MSAC LAX FVAM BWAC PCX GDNR GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
281 Witherspoon Stree, Suite 120, Princeton, NJ, USA, 08540
Website
Genesis Unicorn Capital Corp is a blank check company.
Executives
Adeoye Y Olukotun officer: Chief Executive Officer 3621 SOUTH STATE ST, 695 KMS PL, ANN ARBOR MI 48108
Grainne M Coen director 111 WEST 28TH STREET, NEW YORK NY 10001
Teck-yong Heng director NANSHAN DISTRICT #12 KEFA ROAD, DACHONG, CHENGSHIHUAYUAN BLOCK 5, UNIT #38D, GUANGDONG PROVINCE, SHENZHEN F4 518057
Juan Fernandez Pascual officer: Chief Operating Officer URBANIZATION LA SIERRA, 28 39110, SOTO DE LA MARINA U3 87670
Chung Fan Cheng director 16G, TOWER 1, TWIN PEAKS, 9 CHI SHIN STREET, TSEUNG KWAN O K3 00000
Samuel Lui director, 10 percent owner, officer: Chairman, President, CFO 7/F UNIT B, TOWER 5,RESIDENCE BEL-AIR, PHASE 1, 28 BEL-AIR AVENUE, POKFULAM K3 00000
Ernest Fong director 80 RAFFLES PLACE, # 37-02, UOB, PLAZA 1, S048624 U0 069541
Niel Starksen officer: Chief Scientific Officer 12119 EDGECLIFF PLACE, LOS ALTOS HILLS CA 94022
Genesis Unicorn Capital, Llc 10 percent owner 281 WITHERSPOON STREET, SUITE 120, PRINCETON NJ 08540