GMM Grammy PCL (BKK:GRAMMY) Cash-to-Debt : 0.45 (As of Mar. 2024)

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What is GMM Grammy PCL 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. GMM Grammy PCL's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.45.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, GMM Grammy PCL couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

BKK:GRAMMY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.33 Med: 0.61 Max: 1.8
Current: 0.45

During the past 13 years, GMM Grammy PCL's highest Cash to Debt Ratio was 1.80. The lowest was 0.33. And the median was 0.61.

BKK:GRAMMY's Cash-to-Debt is ranked worse than
66.44% of 1031 companies
in the Media - Diversified industry
Industry Median: 1.27 vs BKK:GRAMMY: 0.45

GMM Grammy PCL Cash-to-Debt Historical Data

The historical data trend for GMM Grammy PCL'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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GMM Grammy PCL Cash-to-Debt Chart

GMM Grammy PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.80

0.64

0.68

0.58

0.39

GMM Grammy PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.42	0.42	0.45	0.39	0.45

Competitive Comparison of GMM Grammy PCL's Cash-to-Debt

For the Entertainment subindustry, GMM Grammy PCL'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.

GMM Grammy PCL's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, GMM Grammy PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where GMM Grammy PCL's Cash-to-Debt falls into.

GMM Grammy PCL 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.

GMM Grammy PCL'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)
	=	938.991	/	(870.037	+	1539.338)
	=	0.39

GMM Grammy PCL's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	1046.13	/	(883.746	+	1452.332)
	=	0.45

GMM Grammy PCL (BKK:GRAMMY) 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.

GMM Grammy PCL Cash-to-Debt Related Terms

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

GMM Grammy PCL (BKK:GRAMMY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » GMM Grammy PCL (BKK:GRAMMY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Sukhumvit 21 Road (Asoke), GMM Grammy Place Tower, Klongtoey Nua, Wattana, Bangkok, THA, 10110

Website

https://www.gmmgrammy.com

GMM Grammy PCL is engaged in various entertainment businesses, including the music business, satellite television business, Digital TV business, movies business, home shopping business, and co-investment in other businesses. The company has three principal reportable segments i.e. 1) Music segment comprising music business and showbiz 2) Media segment comprising digital TV business GMM25 3) Others segment comprising merchandise and other services business.

GMM Grammy PCL (BKK:GRAMMY) Headlines

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