PSG Financial Services Limited (JSE:KST) Cash-to-Debt : 6.90 (As of Aug. 2023)

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What is PSG Financial Services Limited 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. PSG Financial Services Limited's cash to debt ratio for the quarter that ended in Aug. 2023 was 6.90.

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, PSG Financial Services Limited could pay off its debt using the cash in hand for the quarter that ended in Aug. 2023.

The historical rank and industry rank for PSG Financial Services Limited's Cash-to-Debt or its related term are showing as below:

JSE:KST' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 1.12 Max: 17.19
Current: 6.9

During the past 13 years, PSG Financial Services Limited's highest Cash to Debt Ratio was 17.19. The lowest was 0.08. And the median was 1.12.

JSE:KST's Cash-to-Debt is ranked better than
50.95% of 1466 companies
in the Asset Management industry
Industry Median: 5.89 vs JSE:KST: 6.90

PSG Financial Services Limited Cash-to-Debt Historical Data

The historical data trend for PSG Financial Services Limited'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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PSG Financial Services Limited Cash-to-Debt Chart

PSG Financial Services Limited Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Cash-to-Debt

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0.28

0.24

0.14

0.11

0.10

PSG Financial Services Limited Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Cash-to-Debt	Get a 7-Day Free Trial															6.10	0.11	7.96	0.10	6.90

Competitive Comparison of PSG Financial Services Limited's Cash-to-Debt

For the Asset Management subindustry, PSG Financial Services Limited'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.

PSG Financial Services Limited's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PSG Financial Services Limited's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where PSG Financial Services Limited's Cash-to-Debt falls into.

PSG Financial Services Limited 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.

PSG Financial Services Limited's Cash to Debt Ratio for the fiscal year that ended in Feb. 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)
	=	8272.525	/	(80438.844	+	165.645)
	=	0.10

PSG Financial Services Limited's Cash to Debt Ratio for the quarter that ended in Aug. 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)
	=	1478.522	/	(0	+	214.145)
	=	6.90

PSG Financial Services Limited (JSE:KST) 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.

PSG Financial Services Limited Cash-to-Debt Related Terms

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PSG Financial Services Limited (JSE:KST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » PSG Financial Services Limited (JSE:KST) » Definitions » Cash-to-Debt

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KFS:Namibia

Address

3 Howick Close, 4th Floor, The Edge, Tyger Waterfront, Tyger Valley, Bellville, ZAF, 7530

Website

https://www.psg.co.za

PSG Financial Services Limited is an independent financial services group. Business is executed through three operating divisions: PSG Wealth, PSG Asset Management, and PSG Insure. PSG Wealth provides the group with nearly half of its income, with PSG Insure outweighing PSG Asset Management. Through the Wealth unit, PSG delivers a comprehensive suite of products to individuals, families, and businesses. Some of the PSG Wealth offerings include investment products, stockbroking, estate and trust services, and many other related products. Offerings under PSG Insure cover a range of short-term insurance solutions, for both personal and commercial needs. PSG rounds out its portfolio with the PSG Asset Management group which offers a range of local unit trusts and international funds.

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