Proton Motor Power Systems (LSE:PPS) Cash-to-Debt : 0.02 (As of Jun. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Proton Motor Power Systems 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. Proton Motor Power Systems's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.02.

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, Proton Motor Power Systems couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

The historical rank and industry rank for Proton Motor Power Systems's Cash-to-Debt or its related term are showing as below:

LSE:PPS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.06
Current: 0.02

During the past 13 years, Proton Motor Power Systems's highest Cash to Debt Ratio was 0.06. The lowest was 0.00. And the median was 0.02.

LSE:PPS's Cash-to-Debt is ranked worse than
98.03% of 3002 companies
in the Industrial Products industry
Industry Median: 1.185 vs LSE:PPS: 0.02

Proton Motor Power Systems Cash-to-Debt Historical Data

The historical data trend for Proton Motor Power Systems'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.

* Premium members only.

Proton Motor Power Systems Cash-to-Debt Chart

Proton Motor Power Systems Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

0.01

0.02

0.03

Proton Motor Power Systems Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															0.03	0.03	0.02	0.03	0.02

Competitive Comparison of Proton Motor Power Systems's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Proton Motor Power Systems'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.

Proton Motor Power Systems's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Proton Motor Power Systems's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Proton Motor Power Systems's Cash-to-Debt falls into.

Proton Motor Power Systems 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.

Proton Motor Power Systems'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)
	=	2.72	/	(0.681	+	103.259)
	=	0.03

Proton Motor Power Systems'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)
	=	2.662	/	(1.174	+	119.46)
	=	0.02

Proton Motor Power Systems (LSE:PPS) 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.

Proton Motor Power Systems Cash-to-Debt Related Terms

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

Proton Motor Power Systems (LSE:PPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Proton Motor Power Systems PLC (LSE:PPS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

P6K0:Germany

Address

C/o Womble Bond Dickinson (UK) LLP, 4 More London Riverside, London, GBR, SE1 2AU

Website

https://www.proton-motor.de

Proton Motor Power Systems PLC and its subsidiaries are manufacturers of hydrogen fuel cells and fuel cell systems for mobile, maritime and stationary applications. It offers OEM fuel cell systems products, power supplies, and solar battery storage products. The company is organized into only the principal operating division, Green Energy. Its primary geographic markets are Germany, Europe, and the rest of the world of which Europe generates the majority of its revenue.