Golden Sun Health Technology Group (Golden Sun Health Technology Group) Cash-to-Debt : 1.37 (As of Sep. 2023)

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

What is Golden Sun Health Technology Group 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. Golden Sun Health Technology Group's cash to debt ratio for the quarter that ended in Sep. 2023 was 1.37.

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, Golden Sun Health Technology Group could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Golden Sun Health Technology Group's Cash-to-Debt or its related term are showing as below:

GSUN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.46 Med: 0.74 Max: 6.05
Current: 1.37

During the past 5 years, Golden Sun Health Technology Group's highest Cash to Debt Ratio was 6.05. The lowest was 0.46. And the median was 0.74.

GSUN's Cash-to-Debt is ranked better than
51.14% of 264 companies
in the Education industry
Industry Median: 1.265 vs GSUN: 1.37

Golden Sun Health Technology Group Cash-to-Debt Historical Data

The historical data trend for Golden Sun Health Technology Group'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.

Golden Sun Health Technology Group Cash-to-Debt Chart

Golden Sun Health Technology Group Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

0.46

0.74

0.50

6.05

1.37

Golden Sun Health Technology Group Semi-Annual Data
	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial				0.50	0.23	6.05	2.36	1.37

Competitive Comparison of Golden Sun Health Technology Group's Cash-to-Debt

For the Education & Training Services subindustry, Golden Sun Health Technology Group'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.

Golden Sun Health Technology Group's Cash-to-Debt Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Golden Sun Health Technology Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Golden Sun Health Technology Group's Cash-to-Debt falls into.

Golden Sun Health Technology Group 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.

Golden Sun Health Technology Group's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	6.553	/	(0.6	+	4.192)
	=	1.37

Golden Sun Health Technology Group's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	6.553	/	(0.6	+	4.192)
	=	1.37

Golden Sun Health Technology Group (NAS:GSUN) 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.

Golden Sun Health Technology Group Cash-to-Debt Related Terms

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

Golden Sun Health Technology Group (Golden Sun Health Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Golden Sun Health Technology Group Ltd (NAS:GSUN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Profit Huiyin Square North Building, Huashan 2018, Unit 1001, Xuhui District, Shanghai, CHN

Website

https://www.jtyjyjt.com

Golden Sun Education Group Ltd is engaged in the provision of education and management services in the People's Republic of China. The company offers private school educational services and foreign language tutorial services and other education training management services. The firm operates four tutorial centers; Yangfushan Tutorial offers a Gaokao repeater tutorial program to high school students who retake Gaokao, Hongkou Tutorial offers various English and other foreign language tutorial programs, Jicai Tutorial offers non-English foreign language tutorial programs to individual students, companies, and other organizations and Zhouzhi Tutorial offers non-English foreign language tutorial programs to individual students, companies and other organizations.