Greencity Acquisition (Greencity Acquisition) Cash-to-Debt : 0.00 (As of Dec. 2022)

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What is Greencity Acquisition 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. Greencity Acquisition's cash to debt ratio for the quarter that ended in Dec. 2022 was 0.00.

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, Greencity Acquisition couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

During the past 5 years, Greencity Acquisition's highest Cash to Debt Ratio was 2.00. The lowest was 0.00. And the median was 0.05.

GRYUF'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.

Greencity Acquisition Cash-to-Debt Historical Data

The historical data trend for Greencity Acquisition'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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Greencity Acquisition Cash-to-Debt Chart

Greencity Acquisition Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

2.00

0.01

1.20

0.05

Greencity Acquisition Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Cash-to-Debt	Get a 7-Day Free Trial										0.05	-	-	-	-

Competitive Comparison of Greencity Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Greencity Acquisition'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.

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

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

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

Greencity Acquisition 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.

Greencity Acquisition's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	0.007	/	(2.762	+	0)
	=	0.00

Greencity Acquisition's Cash to Debt Ratio for the quarter that ended in Dec. 2022 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)
	=	0.007	/	(2.762	+	0)
	=	0.00

Greencity Acquisition (OTCPK:GRYUF) 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.

Greencity Acquisition Cash-to-Debt Related Terms

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

Greencity Acquisition (Greencity Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Greencity Acquisition Corp (OTCPK:GRYUF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

505 Eshan Road, Floor 6, Pudong New District, Shanghai, CHN, 200120

Website

Greencity Acquisition Corp is a blank check company.

Executives

Hudson Bay Capital Management Lp	10 percent owner	28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Sander Gerber	10 percent owner	C/O HUDSON BAY CAPITAL MANAGEMENT, L.P., 28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Lawrence Feis	10 percent owner	190 EAST WALTON PLACE, UNIT 603, CHICAGO IL 60611
Feis Equities Llc	10 percent owner	20 NORTH WACKER DRIVE, SUITE 2115, CHICAGO IL 60606
Glazer Capital, Llc	10 percent owner	250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer	10 percent owner	250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Cynthia Management Corp	10 percent owner	SUITE 807 TOWER 2 CENTURY LINK PLAZA, NO. 1196 CENTURY AVENUE, PUDONG DISTRICT F4 200000
Jianmin Yu	10 percent owner, officer: CFO	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Jinlong Liu	director, 10 percent owner	100 PARK AVENUE 16TH FLOOR, NEW YORK NY 10017
Lei Wang	director	2609 MONTE CRESTA DRIVE, BELMONT CA 94002
Chao Liu	director	100 PARK AVENUE 16TH FLOOR, NEW YORK NY 10017
Ming Zhang	officer: CEO	100 PARK AVENUE 16TH FLOOR, NEW YORK NY 10017
Yong Li	director	100 PARK AVENUE 16TH FLOOR, NEW YORK NY 10017