ABS-CBN Holdings (PHS:ABSP) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is ABS-CBN 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. ABS-CBN Holdings's cash to debt ratio for the quarter that ended in Mar. 2024 was No Debt ⁽¹⁾.

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, ABS-CBN Holdings could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(1) 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.

The historical rank and industry rank for ABS-CBN Holdings's Cash-to-Debt or its related term are showing as below:

PHS:ABSP' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, ABS-CBN Holdings's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

PHS:ABSP's Cash-to-Debt is ranked better than
99.37% of 795 companies
in the Capital Markets industry
Industry Median: 1.89 vs PHS:ABSP: No Debt

ABS-CBN Holdings Cash-to-Debt Historical Data

The historical data trend for ABS-CBN 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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ABS-CBN Holdings Cash-to-Debt Chart

ABS-CBN Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

ABS-CBN Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of ABS-CBN Holdings's Cash-to-Debt

For the Capital Markets subindustry, ABS-CBN 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.

ABS-CBN Holdings's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, ABS-CBN Holdings's Cash-to-Debt distribution charts can be found below:

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

ABS-CBN 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.

ABS-CBN Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

ABS-CBN Holdings had no debt ⁽¹⁾.

ABS-CBN Holdings's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

ABS-CBN Holdings had no debt ⁽¹⁾.

ABS-CBN Holdings (PHS:ABSP) 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.

ABS-CBN Holdings Cash-to-Debt Related Terms

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

ABS-CBN Holdings (PHS:ABSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » ABS-CBN Holdings Corp (PHS:ABSP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ABSOF:USA

Address

Sheridan Street corner United Street, 16th Floor, North Tower, Rockwell Business Center, Barangay Highway Hills, Mandaluyong, PHL, 1554

Website

https://www.abs-cbnpdr.com

ABS-CBN Holdings Corp is engaged in the business of capital markets. It is involved in investing, purchasing and holding real and personal property including shares of stock, bonds, debentures, notes, and others. The reimbursements from Philippine depository receipt generates maximum revenue for the company. It operates in the Philippines market region.

ABS-CBN Holdings (PHS:ABSP) Headlines

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ABS-CBN Holdings (PHS:ABSP) Cash-to-Debt : No Debt (1) (As of Mar. 2024)