Gstarsoft Co (SHSE:688657) Cash-to-Debt : 2,239.83 (As of Mar. 2024)

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What is Gstarsoft Co 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. Gstarsoft Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 2,239.83.

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, Gstarsoft Co 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 Gstarsoft Co's Cash-to-Debt or its related term are showing as below:

SHSE:688657' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.65 Med: 300.39 Max: No Debt
Current: 2239.83

During the past 9 years, Gstarsoft Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.65. And the median was 300.39.

SHSE:688657's Cash-to-Debt is ranked better than
90.06% of 2725 companies
in the Software industry
Industry Median: 2.49 vs SHSE:688657: 2239.83

Gstarsoft Co Cash-to-Debt Historical Data

The historical data trend for Gstarsoft Co'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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Gstarsoft Co Cash-to-Debt Chart

Gstarsoft Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

121.65

155.64

265.34

1,455.67

Gstarsoft Co Quarterly Data
	Dec12	Dec13	Jun14	Dec14	Jun15	Dec18	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	335.44	1,252.44	1,455.67	2,239.83

Competitive Comparison of Gstarsoft Co's Cash-to-Debt

For the Software - Application subindustry, Gstarsoft Co'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.

Gstarsoft Co's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Gstarsoft Co's Cash-to-Debt distribution charts can be found below:

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

Gstarsoft Co 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.

Gstarsoft Co'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)
	=	1374.153	/	(0.65	+	0.294)
	=	1,455.67

Gstarsoft Co'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)
	=	1355.096	/	(0.409	+	0.196)
	=	2,239.83

Gstarsoft Co (SHSE:688657) 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.

Gstarsoft Co Cash-to-Debt Related Terms

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

Gstarsoft Co (SHSE:688657) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Gstarsoft Co Ltd (SHSE:688657) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 286, Dongping Street, Suzhou Industrial Park, Jiangsu, Suzhou, CHN, 215123

Website

https://www.gstarcad.com

Gstarsoft Co Ltd Is engaged in research & development, promotion and sales of CAD-related software. It provides users with Haochen CAD, Haochen 3D, Products such as Haochen CAD Viewer and related services surrounding the aforementioned products.

Executives

Lu Xiang	Directors, senior managers, core technical personn
Li Zhang Chun	Core technical personnel
Wang Wei	Core technical personnel
Li Ming Jin	Core technical personnel
Wu Hai Long	Core technical personnel
Liang Jiang	Directors, senior managers, core technical personn
Yu Huai Gu	senior management
Deng Li Qun	Senior management, core technical personnel
Huang Mei Yu	senior management
Ding Guo Yun	senior management
Liang Hai Xia	senior management
Hu Li Xin	Director
Pan Li	Directors, senior managers, core technical personn

Gstarsoft Co (SHSE:688657) Headlines

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