Garden Stage (Garden Stage) Cash-to-Debt : 21.16 (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Garden Stage 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. Garden Stage's cash to debt ratio for the quarter that ended in Sep. 2023 was 21.16.

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, Garden Stage could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

GSIW' s Cash-to-Debt Range Over the Past 10 Years
Min: 6.07 Med: 16.04 Max: No Debt
Current: 21.16

During the past 3 years, Garden Stage's highest Cash to Debt Ratio was No Debt. The lowest was 6.07. And the median was 16.04.

GSIW's Cash-to-Debt is ranked better than
72.73% of 792 companies
in the Capital Markets industry
Industry Median: 1.87 vs GSIW: 21.16

Garden Stage Cash-to-Debt Historical Data

The historical data trend for Garden Stage'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.

* Premium members only.

Garden Stage Cash-to-Debt Chart

Garden Stage Annual Data

Trend

Mar21

Mar22

Mar23

Cash-to-Debt

No Debt

6.07

11.84

Garden Stage Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial			N/A	6.07	16.04	11.84	21.16

Competitive Comparison of Garden Stage's Cash-to-Debt

For the Capital Markets subindustry, Garden Stage'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.

Garden Stage's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Garden Stage's Cash-to-Debt distribution charts can be found below:

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

Garden Stage 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.

Garden Stage's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	0.829	/	(0.07	+	0)
	=	11.84

Garden Stage's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	0.677	/	(0.032	+	0)
	=	21.16

Garden Stage (NAS:GSIW) 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.

Garden Stage Cash-to-Debt Related Terms

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

Garden Stage (Garden Stage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Garden Stage Ltd (NAS:GSIW) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

141 Des Voeux Road Central, Room 201, 2/F, China Insurance Group Building, Hong Kong, HKG

Website

https://www.iwinsec.com

Garden Stage Ltd is a Hong Kong-based financial services provider principally engaged in the provision of placing and underwriting services; securities dealing and brokerage services; and asset management services. Its business is carried out through its wholly owned Operating Subsidiaries: a) I Win Securities, which is licensed to conduct Type 1 (dealing in securities) regulated activities under the SFO in Hong Kong, and b) I Win Asset Management, which is licensed to conduct Type 4 (advising on securities) and Type 9 (asset management) regulated activities under the SFO in Hong Kong.