Greenpro Capital (Greenpro Capital) Cash-to-Debt : 15.70 (As of Dec. 2023)

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What is Greenpro Capital 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. Greenpro Capital's cash to debt ratio for the quarter that ended in Dec. 2023 was 15.70.

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

GRNQ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.42 Med: 2.21 Max: No Debt
Current: 15.7

During the past 11 years, Greenpro Capital's highest Cash to Debt Ratio was No Debt. The lowest was 0.42. And the median was 2.21.

GRNQ's Cash-to-Debt is ranked better than
81.64% of 1062 companies
in the Business Services industry
Industry Median: 1 vs GRNQ: 15.70

Greenpro Capital Cash-to-Debt Historical Data

The historical data trend for Greenpro Capital'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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Greenpro Capital Cash-to-Debt Chart

Greenpro Capital Annual Data

Trend

Oct14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.44

0.52

48.86

203.84

15.70

Greenpro Capital 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															203.84	16.44	15.24	16.10	15.70

Competitive Comparison of Greenpro Capital's Cash-to-Debt

For the Consulting Services subindustry, Greenpro Capital'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.

Greenpro Capital's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Greenpro Capital's Cash-to-Debt distribution charts can be found below:

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

Greenpro Capital 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.

Greenpro Capital'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)
	=	2.057	/	(0.098	+	0.033)
	=	15.70

Greenpro Capital'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)
	=	2.057	/	(0.098	+	0.033)
	=	15.70

Greenpro Capital (NAS:GRNQ) 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.

Greenpro Capital Cash-to-Debt Related Terms

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Greenpro Capital (Greenpro Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Greenpro Capital Corp (NAS:GRNQ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

B-7-5, Northpoint Office, No. 1 Medan Syed Putra Utara, Mid Valley City, Kuala Lumpur, MYS, 59200

Website

https://www.greenprocapital.com

Greenpro Capital Corp operates and provides business solution services to small and medium-size businesses located in South-East Asia and East Asia, with focus on Hong Kong, China and Malaysia, and in Thailand and Taiwan. Its range of services includes cross border business solutions, record management services, and accounting outsourcing services. Cross-border business services include,other services, tax planning, trust and wealth management, cross border listing advisory services and transaction services. It also operates a venture capital business. Its segments include Service business engaged in provision of corporate advisory and business solution service; and Real estate business engaged in trading or leasing of commercial real estate properties in Hong Kong and Malaysia.

Executives

Loke Gilbert	director, 10 percent owner, officer: Chief Financial Officer	SUITE 2201, 22/F MALAYSIA BUILDING,, 50 GLOUCESTER ROAD, WANCHAI K3 00000
Lee C.k.	director, 10 percent owner, officer: Chief Executive Officer	SUITE 2201, 22/F MALAYSIA BUILDING,, 50 GLOUCESTER ROAD, WANCHAI K3 00000
Chuchottaworn Srirat	director	SUITE 2201, 22/F, MALAYSIA BUILDING, 50 GLOUCESTER ROAD WAN CHAI K3 00000
Bringuier Christophe Philippe Roland	director	FLAT 9, BLOCK D, CHING LAI COURT, 264 LAI KING HILL RD, LAI CHI KOK, KOWLOON K3 00000
Brent Lewis Glendening	director	ROOM 1701-1703, 17/FTHE METROPILIS TOWER, 10 METROPOLIS TOWER, HUNG HOM K3 00000
Ramesh Ruben Louis	director	RM 1701-03,17F,THE METROPOLIS TOWER, 10 METROPOLIS DRIVE, HUNG HOM K3 00000
Kok Choong How	director	SUITE 2201, 22/F MALAYSIA BUILDING,, 50, GLOUCESTER ROAD, WANCHAI K3 00000
Chee Keong Hee	director	SUITE 2201, 22/F, MALAYSIA BUILDING 50, GLOUCESTER ROAD,, WANCHAI K3 000000
Kiew Kwong Chin	director	SUITE 2201, 22/F MALAYSIA BUILDING, 50 GLOUCESTER ROAD, WANCHAI K3 00000
Albert Shum	director	SUITE 2201, 22/F MALAYSIA BUILDING, 50 GLOUCESTER ROAD, WANCHAI K3 000000
Thanawat Lertwattanark	director	SUITE 2201, 22/F, MALAYSIA BUILDING, 50 GLOUCESTER ROAD WAN CHAI K3 00000