General American Investors Company (General American Investors Company) Cash-to-Debt : 0.04 (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

What is General American Investors Company 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. General American Investors Company's cash to debt ratio for the quarter that ended in Dec. 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, General American Investors Company couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for General American Investors Company's Cash-to-Debt or its related term are showing as below:

GAMpB.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.05 Max: 0.63
Current: 0.04

During the past 8 years, General American Investors Company's highest Cash to Debt Ratio was 0.63. The lowest was 0.04. And the median was 0.05.

GAMpB.PFD's Cash-to-Debt is ranked worse than
91.12% of 1475 companies
in the Asset Management industry
Industry Median: 5.5 vs GAMpB.PFD: 0.04

General American Investors Company Cash-to-Debt Historical Data

The historical data trend for General American Investors Company'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.

General American Investors Company Cash-to-Debt Chart

General American Investors Company Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.05

0.04

General American Investors Company Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial									-	-	0.05	0.01	0.04

Competitive Comparison of General American Investors Company's Cash-to-Debt

For the Asset Management subindustry, General American Investors Company'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.

General American Investors Company's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, General American Investors Company's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where General American Investors Company's Cash-to-Debt falls into.

General American Investors Company Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

General American Investors Company's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.117	/	(0	+	2.984)
	=	0.04

General American Investors Company's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.117	/	(0	+	2.984)
	=	0.04

General American Investors Company (NYSE:GAMpB.PFD) 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.

General American Investors Company Cash-to-Debt Related Terms

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

General American Investors Company (General American Investors Company) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » General American Investors Company Inc (NYSE:GAMpB.PFD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GAM:USA

Address

530 Fifth Avenue, 26th Floor, New York, NY, USA, 10036

Website

https://www.generalamericaninvestors.com

General American Investors Company Inc is a closed-end, diversified management investment company. The primary investment objective of the company is long-term capital appreciation through investment in companies with above-average growth potential. It focuses on equity securities with growth potential at reasonable valuations.

Executives

Altschul Arthur G Jr	director	C/O OVERBROOK MANAGEMENT CORP, 122 E. 42ND STREET, SUITE 2500, NEW YORK NY 10168
Spencer Davidson	director, other: Chairman	GENERAL AMERICAN INVESTORS CO INC, 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
1975 Trust Fbo Altschul Arthur G Land Trust	other: Trustees are directors
Jeffrey W Priest	officer: President & CEO	GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Eugene S Stark	officer: VP Administration/CCO/PFO	GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Liron Kronzon	officer: Vice-President	GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26 FL, NEW YORK NY 10036
Samantha X. Jin	officer: Treasurer	530 FIFTH AVE 26TH FLOOR, NEW YORK NY 10036
Santa Maria Connie A.	officer: Assistant Corporate Secretary	GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE 26TH FLOOR, NEW YORK NY 10036
Del Villar Clara E.	director	C/O GENERAL AMERICAN INVESTORS COMPANY, 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Henry R Schirmer	director	C/O GENERAL AMERICAN INVESTORS COMPANY, 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Anang K. Majmudar	officer: Senior Vice-President	GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Linda J Genid	officer: Corporate Secretary	530 FIFTH AVE, 26TH FLOOR, NEW YORK NY 10036
Betsy F. Gotbaum	director	C/O GENERAL AMERICAN INVESTORS COMPANY, 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Sally A Lynch	officer: Vice-President	GENERAL AMERICAN INVESTORS CO INC, 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Gordan John D Iii	director	C/O GENERAL AMERICAN INVESTORS COMPANY, 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036