PT Gudang Garam Tbk (ISX:GGRM) Cash-to-Debt : 0.32 (As of Dec. 2023)

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What is PT Gudang Garam Tbk 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. PT Gudang Garam Tbk's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.32.

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, PT Gudang Garam Tbk 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 PT Gudang Garam Tbk's Cash-to-Debt or its related term are showing as below:

ISX:GGRM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.17 Max: 0.78
Current: 0.32

During the past 13 years, PT Gudang Garam Tbk's highest Cash to Debt Ratio was 0.78. The lowest was 0.08. And the median was 0.17.

ISX:GGRM's Cash-to-Debt is ranked worse than
52.94% of 51 companies
in the Tobacco Products industry
Industry Median: 0.49 vs ISX:GGRM: 0.32

PT Gudang Garam Tbk Cash-to-Debt Historical Data

The historical data trend for PT Gudang Garam Tbk'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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PT Gudang Garam Tbk Cash-to-Debt Chart

PT Gudang Garam Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.21

0.78

0.42

0.44

0.32

PT Gudang Garam Tbk 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															0.44	0.55	0.41	0.60	0.32

Competitive Comparison of PT Gudang Garam Tbk's Cash-to-Debt

For the Tobacco subindustry, PT Gudang Garam Tbk'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.

PT Gudang Garam Tbk's Cash-to-Debt Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, PT Gudang Garam Tbk's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where PT Gudang Garam Tbk's Cash-to-Debt falls into.

PT Gudang Garam Tbk 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.

PT Gudang Garam Tbk'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)
	=	4261264	/	(13395817	+	0)
	=	0.32

PT Gudang Garam Tbk'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)
	=	4261264	/	(13395817	+	0)
	=	0.32

PT Gudang Garam Tbk (ISX:GGRM) 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.

PT Gudang Garam Tbk Cash-to-Debt Related Terms

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PT Gudang Garam Tbk (ISX:GGRM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » PT Gudang Garam Tbk (ISX:GGRM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GGNPF:USA GDNGY:USA GGG:Germany

Address

Jl. Semampir II/1, East Java, Kediri, IDN, 64121

Website

https://www.gudanggaramtbk.com

PT Gudang Garam Tbk manufactures kretek cigarettes, which are clove cigarettes common in Indonesia. The firm's operations are almost entirely domestic, with its tobacco and clove farmers, two production facilities, and dozens of offices all located in Indonesia. Nearly all of the company's sales are generated in Indonesia. The company's brand families include Gudang Garam, Surya, GG, and Merah. Other brands include Sriwedari, which is a hand-rolled brand, and Klobot.

PT Gudang Garam Tbk (ISX:GGRM) Headlines

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