GAM Holding AG (XSWX:GAM) Cash-to-Debt : 2.40 (As of Dec. 2023)

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What is GAM Holding AG 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. GAM Holding AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.40.

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, GAM Holding AG 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 GAM Holding AG's Cash-to-Debt or its related term are showing as below:

XSWX:GAM' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.4 Med: No Debt Max: No Debt
Current: 2.4

During the past 13 years, GAM Holding AG's highest Cash to Debt Ratio was No Debt. The lowest was 2.40. And the median was No Debt.

XSWX:GAM's Cash-to-Debt is ranked worse than
54.71% of 1477 companies
in the Asset Management industry
Industry Median: 5.39 vs XSWX:GAM: 2.40

GAM Holding AG Cash-to-Debt Historical Data

The historical data trend for GAM Holding AG'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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GAM Holding AG Cash-to-Debt Chart

GAM Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

2.40

GAM Holding AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	2.40

Competitive Comparison of GAM Holding AG's Cash-to-Debt

For the Asset Management subindustry, GAM Holding AG'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.

GAM Holding AG's Cash-to-Debt Distribution in the Asset Management Industry

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

* The bar in red indicates where GAM Holding AG's Cash-to-Debt falls into.

GAM Holding AG 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.

GAM Holding AG'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)
	=	87.7	/	(0	+	36.6)
	=	2.40

GAM Holding AG'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)
	=	87.7	/	(0	+	36.6)
	=	2.40

GAM Holding AG (XSWX:GAM) 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.

GAM Holding AG Cash-to-Debt Related Terms

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GAM Holding AG (XSWX:GAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GAM Holding AG (XSWX:GAM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GMHLF:USA GAMz:UK 0QN3:UK

Address

Hardstrasse 201, Zurich, CHE, CH-8037

Website

https://www.gam.com

GAM Holding AG is a global asset manager with products that cater to institutions, intermediaries, and private clients. Customers are offered directional and absolute return strategies across an array of asset classes and strategies. In addition to an asset-management business, clients are offered private labeling services, such as fund administration and management company services. Asset management services are distributed through the GAM and Julius Bae brands and include investment advice from internal and external professionals.