Park Aerospace (Park Aerospace) Cash-to-Debt : 503.33 (As of Nov. 2023)

Park Aerospace Cash-to-Debt Chart

Park Aerospace Annual Data
	Trend	Feb14	Feb15	Feb16	Feb17	Feb18	Feb19	Feb20	Feb21	Feb22	Feb23
Cash-to-Debt		Get a 7-Day Free Trial					No Debt	291.32	979.35	486.17	579.34

Park Aerospace Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Cash-to-Debt	Get a 7-Day Free Trial															532.49	579.34	474.30	466.76	503.33

Competitive Comparison of Park Aerospace's Cash-to-Debt

For the Aerospace & Defense subindustry, Park Aerospace'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.

Park Aerospace's Cash-to-Debt Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Park Aerospace's Cash-to-Debt distribution charts can be found below:

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

Park Aerospace 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.

Park Aerospace's Cash to Debt Ratio for the fiscal year that ended in Feb. 2023 is calculated as:

Park Aerospace's Cash to Debt Ratio for the quarter that ended in Nov. 2023 is calculated as:

* 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.

Park Aerospace  (NYSE:PKE) 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.

Park Aerospace Cash-to-Debt Related Terms

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

Park Aerospace (Park Aerospace) Business Description