Gencor Industries (Gencor Industries) Cash-to-Debt : 445.92 (As of Dec. 2023)

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What is Gencor Industries 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. Gencor Industries's cash to debt ratio for the quarter that ended in Dec. 2023 was 445.92.

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, Gencor Industries could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

GENC' s Cash-to-Debt Range Over the Past 10 Years
Min: 104.89 Med: No Debt Max: No Debt
Current: 445.92

During the past 13 years, Gencor Industries's highest Cash to Debt Ratio was No Debt. The lowest was 104.89. And the median was No Debt.

GENC's Cash-to-Debt is ranked better than
95.65% of 207 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.58 vs GENC: 445.92

Gencor Industries Cash-to-Debt Historical Data

The historical data trend for Gencor Industries'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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Gencor Industries Cash-to-Debt Chart

Gencor Industries Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

132.78

150.58

249.70

308.79

Gencor Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															333.43	196.51	217.02	308.79	445.92

Competitive Comparison of Gencor Industries's Cash-to-Debt

For the Farm & Heavy Construction Machinery subindustry, Gencor Industries'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.

Gencor Industries's Cash-to-Debt Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Gencor Industries's Cash-to-Debt distribution charts can be found below:

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

Gencor Industries 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.

Gencor Industries'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)
	=	101.283	/	(0.328	+	0)
	=	308.79

Gencor Industries's Cash to Debt Ratio for the quarter 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)
	=	104.79	/	(0.235	+	0)
	=	445.91

Gencor Industries (AMEX:GENC) 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.

Gencor Industries Cash-to-Debt Related Terms

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

Gencor Industries (Gencor Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Gencor Industries Inc (AMEX:GENC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

5201 North Orange Blossom Trail, Orlando, FL, USA, 32810

Website

https://www.gencor.com

Gencor Industries Inc and its subsidiaries is a manufacturer of heavy machinery used in the production of highway construction materials and environmental control equipment. The Company has one reporting segment, equipment for the highway construction industry. The firm's principal products include asphalt plants, combustion systems, hot mix asphalt plants, fluid heat transfer systems, and asphalt pavers.

Executives

Jeanne M Lyons	officer: Secretary	5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
Ketcham Walter A Jr	director	5201 N ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
Thomas A. Vecchiolla	director	601 QUEEN STREET, ALEXANDRIA VA 22314
Eric E Mellen	officer: CFO	5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
James P Sharp	director	5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
Marc G Elliott	officer: Pres., Const. Equip. Group	5201 N ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
John G Coburn	director	10505 GUNSTON ROAD, HORTON VA 22079
Sherry Houtkin	10 percent owner	3900 ISLAND BLVD., PENTHOUSE 4, AVENTURA FL 33160
David Air	director	PO BOX 1188, DUNDEE FL 33838
Dondero Cort J	director
Lawrence C Maingot	officer: Vice President and Controller	5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
Dennis Bryan Hunt	officer: Senior Vice President	2790 MARSH WREN CIRCLE, LONGWOOD FL 32779
Lawrence K Miles	officer: Vice President Product Support	5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
Lowell Raymond Adams	officer: CFO and Treasurer	1722 SE HALYARD LANE, VANCOUVER WA 98661
Robert A Mifflin	officer: Interim CFO	5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810