GAMCO Investors (GAMCO Investors) Cash-to-Debt : 27.07 (As of Jun. 2023)

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What is GAMCO Investors 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. GAMCO Investors's cash to debt ratio for the quarter that ended in Jun. 2023 was 27.07.

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, GAMCO Investors could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

GAMI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 1.94 Max: 31.31
Current: 31.31

During the past 13 years, GAMCO Investors's highest Cash to Debt Ratio was 31.31. The lowest was 0.04. And the median was 1.94.

GAMI's Cash-to-Debt is ranked better than
57.49% of 1475 companies
in the Asset Management industry
Industry Median: 5.5 vs GAMI: 31.31

GAMCO Investors Cash-to-Debt Historical Data

The historical data trend for GAMCO Investors'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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GAMCO Investors Cash-to-Debt Chart

GAMCO Investors Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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2.91

3.34

2.46

13.09

31.31

GAMCO Investors Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															19.03	13.09	23.56	27.07	31.31

Competitive Comparison of GAMCO Investors's Cash-to-Debt

For the Asset Management subindustry, GAMCO Investors'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.

GAMCO Investors's Cash-to-Debt Distribution in the Asset Management Industry

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

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

GAMCO Investors 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.

GAMCO Investors'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)
	=	160.826	/	(0	+	5.137)
	=	31.31

GAMCO Investors's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	149.153	/	(0	+	5.51)
	=	27.07

GAMCO Investors (OTCPK:GAMI) 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.

GAMCO Investors Cash-to-Debt Related Terms

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GAMCO Investors (GAMCO Investors) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GAMCO Investors Inc (OTCPK:GAMI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

6JV:Germany

Address

191 Mason Street, Greenwich, CT, USA, 06830

Website

https://www.gabelli.com

GAMCO Investors Inc is a provider of investment advisory services to open-end funds, closed-end funds, Exchange Traded Managed Funds (ETMFs), and institutional and private wealth management investors principally in the United States. The company invests in a variety of U.S. and international securities through various investment styles including value, growth, non-market correlated, and convertible securities. Its revenues are based primarily on the company's levels of assets under management (AUM) and fees associated with our various investment products. Its AUM are organized into three groups; Open and Closed-End Funds; Institutional and Private Wealth Management; and SICAV.

Executives

Ggcp, Inc.	10 percent owner	189 MASON STREET, GREENWICH CT 06830
Alexis Glick	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Associated Capital Group, Inc.	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Kieran Caterina	officer: Acting Co-CFO	ONE CORPORATE CENTER, RYE NY 10580
Van Der Eb Henry	other: Senior Vice President	100 CORPORATE NORTH, SUITE 201, BANNOCKBURN IL 60015
Peter D. Goldstein	officer: General Counsel	249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Mario J Gabelli	director, 10 percent owner, officer: Chairman of the Board and CEO	191 MASON STREET, GREENWICH CT 06830
Leslie B Daniels	director	540 MADISON, 22ND FLOOR, NEW YORK NY 10022
Elisa M. Wilson	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Raymond Avansino	director	C/O ONE CORPORTATE CENTER, RYE NY 10580
Frederick J. Mancheski Revocable Trust Indenture, Dated June 8, 1999, As Amended	10 percent owner	C/O COLLIER, HALPERN & NEWBERG, LLP, ONE NORTH LEXINGTON AVENUE, 15TH FLOOR, WHITE PLAINS NY 10601
Diane Lapointe	officer: Acting Co-CFO	ONE CORPORATE CENTER, RYE NY 10580
Ggcp Holdings Llc	10 percent owner	140 GREENWICH AVENUE, GREENWICH CT 06830
Gabelli Securities Inc	10 percent owner	ONE CORPORATE CENTER, RYE NY 10580
Kevin Handwerker	officer: Executive VP & General Counsel