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GigCapital4 (GigCapital4) Cash-to-Debt : 1.20 (As of Dec. 2020)


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What is GigCapital4 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. GigCapital4's cash to debt ratio for the quarter that ended in Dec. 2020 was 1.20.

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, GigCapital4 could pay off its debt using the cash in hand for the quarter that ended in Dec. 2020.

The historical rank and industry rank for GigCapital4's Cash-to-Debt or its related term are showing as below:

GIG's Cash-to-Debt is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2.43
* Ranked among companies with meaningful Cash-to-Debt only.

GigCapital4 Cash-to-Debt Historical Data

The historical data trend for GigCapital4'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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GigCapital4 Cash-to-Debt Chart

GigCapital4 Annual Data
Trend Dec20
Cash-to-Debt
1.20

GigCapital4 Quarterly Data
Dec20
Cash-to-Debt 1.20

Competitive Comparison of GigCapital4's Cash-to-Debt

For the Shell Companies subindustry, GigCapital4'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.


GigCapital4's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, GigCapital4's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where GigCapital4's Cash-to-Debt falls into.



GigCapital4 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.

GigCapital4's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

GigCapital4's Cash to Debt Ratio for the quarter that ended in Dec. 2020 is calculated as:

* 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.


GigCapital4  (NAS:GIG) 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.


GigCapital4 Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of GigCapital4's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


GigCapital4 (GigCapital4) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1731 Embarcadero Road, Suite 200, Palo Alto, CA, USA, 94303
GigCapital4 Inc is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses.

GigCapital4 (GigCapital4) Headlines

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