GK Software SE (XTER:GKS) Cash-to-Debt : 1.93 (As of Jun. 2023)

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What is GK Software SE 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. GK Software SE's cash to debt ratio for the quarter that ended in Jun. 2023 was 1.93.

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, GK Software SE could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

XTER:GKS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 0.8 Max: 11.71
Current: 1.93

During the past 13 years, GK Software SE's highest Cash to Debt Ratio was 11.71. The lowest was 0.14. And the median was 0.80.

XTER:GKS's Cash-to-Debt is ranked worse than
53.72% of 2796 companies
in the Software industry
Industry Median: 2.42 vs XTER:GKS: 1.93

GK Software SE Cash-to-Debt Historical Data

The historical data trend for GK Software SE'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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GK Software SE Cash-to-Debt Chart

GK Software SE Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.35

0.20

0.29

1.77

2.59

GK Software SE Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															2.38	2.43	2.59	2.78	1.93

Competitive Comparison of GK Software SE's Cash-to-Debt

For the Software - Application subindustry, GK Software SE'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.

GK Software SE's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, GK Software SE's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where GK Software SE's Cash-to-Debt falls into.

GK Software SE 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.

GK Software SE's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	64.008	/	(5.632	+	19.117)
	=	2.59

GK Software SE's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	43.854	/	(5.693	+	17.063)
	=	1.93

GK Software SE (XTER:GKS) 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.

GK Software SE Cash-to-Debt Related Terms

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

GK Software SE (XTER:GKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GK Software SE (XTER:GKS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GKS:Germany

Address

Waldstrasse 7, Schoneck, SN, DEU, D-08261

Website

https://www.gk-software.com

GK Software SE provides standard software for the retail sector. Its products include SAP Store Solutions by GK, GK-in-the-Cloud, Mobile Customer Experience, and many more. Its geographical segments include EMEA; Americas and Other business activities. The company generates maximum revenue from the EMEA segment.

Executives

André Hergert	Board of Directors
Rainer Gläß	Board of Directors
Herbert Zinn	Supervisory Board

GK Software SE (XTER:GKS) Headlines

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