Plexus Holdings (AQSE:POS.GB) Cash-to-Debt : 0.35 (As of Dec. 2023)

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What is Plexus Holdings 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. Plexus Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.35.

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, Plexus Holdings 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 Plexus Holdings's Cash-to-Debt or its related term are showing as below:

AQSE:POS.GB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.35 Med: 1.65 Max: 68.69
Current: 0.35

During the past 13 years, Plexus Holdings's highest Cash to Debt Ratio was 68.69. The lowest was 0.35. And the median was 1.65.

AQSE:POS.GB's Cash-to-Debt is ranked worse than
57.25% of 1027 companies
in the Oil & Gas industry
Industry Median: 0.48 vs AQSE:POS.GB: 0.35

Plexus Holdings Cash-to-Debt Historical Data

The historical data trend for Plexus Holdings'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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Plexus Holdings Cash-to-Debt Chart

Plexus Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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68.69

2.43

1.50

1.16

0.59

Plexus Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.73	1.16	0.43	0.59	0.35

Competitive Comparison of Plexus Holdings's Cash-to-Debt

For the Oil & Gas Equipment & Services subindustry, Plexus Holdings'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.

Plexus Holdings's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Plexus Holdings's Cash-to-Debt distribution charts can be found below:

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

Plexus Holdings 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.

Plexus Holdings's Cash to Debt Ratio for the fiscal year 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)
	=	1.449	/	(0.333	+	2.13)
	=	0.59

Plexus Holdings'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)
	=	0.833	/	(0.316	+	2.078)
	=	0.35

Plexus Holdings (AQSE:POS.GB) 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.

Plexus Holdings Cash-to-Debt Related Terms

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

Plexus Holdings (AQSE:POS.GB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Plexus Holdings PLC (AQSE:POS.GB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

POS:UK

Address

Yeoman Way, Highdown House, Worthing, West Sussex, GBR, BN99 3HH

Website

https://www.plexusplc.com

Plexus Holdings PLC is active in the business of oil and gas engineering and service. It is engaged in marketing a patented friction-grip method of engineering for oil and gas field wellheads and connectors, named POS-GRIP. The company derives revenue from the sale of its POS-GRIP technology and associated products, the rental of wellheads utilizing the POS-GRIP technology, and service income principally derived from assisting with the commissioning and ongoing service requirements of its equipment. It operates its business across the world. The majority of the revenue of the company is generated from the United Kingdom followed by Europe and the Rest of the world.

Plexus Holdings (AQSE:POS.GB) Headlines

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