Gasco Inversiones (XSGO:GASCOINV) Cash-to-Debt : 49.87 (As of Dec. 2023)

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What is Gasco Inversiones 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. Gasco Inversiones's cash to debt ratio for the quarter that ended in Dec. 2023 was 49.87.

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

XSGO:GASCOINV' s Cash-to-Debt Range Over the Past 10 Years
Min: 49.87 Med: No Debt Max: No Debt
Current: 49.87

During the past 4 years, Gasco Inversiones's highest Cash to Debt Ratio was No Debt. The lowest was 49.87. And the median was No Debt.

XSGO:GASCOINV's Cash-to-Debt is ranked better than
59.05% of 1475 companies
in the Asset Management industry
Industry Median: 5.5 vs XSGO:GASCOINV: 49.87

Gasco Inversiones Cash-to-Debt Historical Data

The historical data trend for Gasco Inversiones'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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Gasco Inversiones Cash-to-Debt Chart

Gasco Inversiones Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

N/A

No Debt

49.87

Gasco Inversiones Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial								No Debt	No Debt	No Debt	No Debt	49.87

Competitive Comparison of Gasco Inversiones's Cash-to-Debt

For the Asset Management subindustry, Gasco Inversiones'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.

Gasco Inversiones's Cash-to-Debt Distribution in the Asset Management Industry

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

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

Gasco Inversiones 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.

Gasco Inversiones'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)
	=	1506.992	/	(7.311	+	22.906)
	=	49.87

Gasco Inversiones'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)
	=	1506.992	/	(7.311	+	22.906)
	=	49.87

Gasco Inversiones (XSGO:GASCOINV) 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.

Gasco Inversiones Cash-to-Debt Related Terms

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

Gasco Inversiones (XSGO:GASCOINV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gasco Inversiones SA (XSGO:GASCOINV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Santo Domingo 1061, Santiago, CHL

Website

https://www.gascoinversiones.com

Gasco Inversiones SA operates as a investment management company. It is involved in the real estate assets and other investments.

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