Groupe Minoteries (XSWX:GMI) Cash-to-Debt

: No Debt ⁽¹⁾ (As of Jun. 2023)

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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. Groupe Minoteries's cash to debt ratio for the quarter that ended in Jun. 2023 was No Debt ⁽¹⁾.

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

(1) 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.

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

XSWX:GMI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 1.13 Max: No Debt
Current: No Debt

During the past 13 years, Groupe Minoteries's highest Cash to Debt Ratio was No Debt. The lowest was 0.12. And the median was 1.13.

XSWX:GMI's Cash-to-Debt is ranked better than
99.89% of 1842 companies
in the Consumer Packaged Goods industry
Industry Median: 0.52 vs XSWX:GMI: No Debt

Groupe Minoteries Cash-to-Debt Historical Data

The historical data trend for Groupe Minoteries'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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Groupe Minoteries Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

0.85

0.60

4.85

No Debt

Groupe Minoteries Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt																No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison

For the Farm Products subindustry, Groupe Minoteries'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.

Groupe Minoteries Cash-to-Debt Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Groupe Minoteries's Cash-to-Debt distribution charts can be found below:

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

Groupe Minoteries 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.

Groupe Minoteries's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Groupe Minoteries had no debt ⁽¹⁾.

Groupe Minoteries's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

Groupe Minoteries had no debt ⁽¹⁾.

Groupe Minoteries (XSWX:GMI) 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.

Groupe Minoteries Cash-to-Debt Related Terms

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Groupe Minoteries (XSWX:GMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Groupe Minoteries SA (XSWX:GMI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GMIz:UK

Address

Route des Moulins 31, Case postale 68, Granges-pres-Marnand, CHE, 1523

Website

https://www.gmsa.ch

Groupe Minoteries SA is a manufacturer in Switzerland of breadmaking flours. It is engaged in production and sale of milled flour and grains. The company through its subsidiaries is also engaged in provisioning of pet food products.

Groupe Minoteries (XSWX:GMI) Headlines

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