GEX Management (GEX Management) Cash-to-Debt : 0.01 (As of Dec. 2023)

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What is GEX Management 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. GEX Management's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.01.

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, GEX Management couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

GXXM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: No Debt
Current: 0.01

During the past 9 years, GEX Management's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.02.

GXXM's Cash-to-Debt is ranked worse than
97.93% of 1061 companies
in the Business Services industry
Industry Median: 1.01 vs GXXM: 0.01

GEX Management Cash-to-Debt Historical Data

The historical data trend for GEX Management'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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GEX Management Cash-to-Debt Chart

GEX Management Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.07

0.03

0.01

GEX Management Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.03	0.12	0.04	0.53	0.01

Competitive Comparison of GEX Management's Cash-to-Debt

For the Staffing & Employment Services subindustry, GEX Management'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.

GEX Management's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, GEX Management's Cash-to-Debt distribution charts can be found below:

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

GEX Management 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.

GEX Management'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)
	=	0.018	/	(2.365	+	0)
	=	0.01

GEX Management'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)
	=	0.018	/	(2.365	+	0)
	=	0.01

GEX Management (OTCPK:GXXM) 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.

GEX Management Cash-to-Debt Related Terms

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GEX Management (GEX Management) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » GEX Management Inc (OTCPK:GXXM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3662 West Camp Wisdom Road, Dallas, TX, USA, 75237

Website

https://www.gexmanagement.com

GEX Management Inc is engaged in the business of providing business management and human resources solutions for small to midsize businesses. The company also provides staffing and back-office services to a wide variety of industries, and it earns revenue from its management consulting services.

Executives

Srikumar Vanamali	director, 10 percent owner, officer: Interim CEO & Exec Director	12001 N CENTRAL EXPY, #825, DALLAS TX 75243
Shaheed Bailey	director, 10 percent owner, officer: Interim Chief Invstmt Officer	39 F BROOKSIDE DRIVE, CLIFTON NJ 07054
Clayton Carter	director, 10 percent owner, officer: Chief Financial Officer	325 N. ST. PAUL STREET, SUITE 1350, DALLAS TX 75201
Chelsea Christopherson	director, 10 percent owner, officer: Chief Operating Officer	10931 STONE CANYON ROAD, APT 229, DALLAS TX 75243
Carl Dorvil	director, 10 percent owner, officer: Chariman of the Board & CEO	1411 NEWCASTLE, ROCKWALL TX 75032