Panostaja Oyj (OHEL:PNA1V) Cash-to-Debt : 0.18 (As of Oct. 2023)

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What is Panostaja Oyj 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. Panostaja Oyj's cash to debt ratio for the quarter that ended in Oct. 2023 was 0.18.

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, Panostaja Oyj couldn't pay off its debt using the cash in hand for the quarter that ended in Oct. 2023.

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

OHEL:PNA1V' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: 0.23 Max: 0.37
Current: 0.18

During the past 13 years, Panostaja Oyj's highest Cash to Debt Ratio was 0.37. The lowest was 0.17. And the median was 0.23.

OHEL:PNA1V's Cash-to-Debt is ranked worse than
79.32% of 1064 companies
in the Business Services industry
Industry Median: 0.99 vs OHEL:PNA1V: 0.18

Panostaja Oyj Cash-to-Debt Historical Data

The historical data trend for Panostaja Oyj'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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Panostaja Oyj Cash-to-Debt Chart

Panostaja Oyj Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash-to-Debt

Get a 7-Day Free Trial

0.22

0.33

0.19

0.24

0.18

Panostaja Oyj Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Cash-to-Debt	Get a 7-Day Free Trial															0.19	No Debt	0.24	No Debt	0.18

Competitive Comparison of Panostaja Oyj's Cash-to-Debt

For the Specialty Business Services subindustry, Panostaja Oyj'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.

Panostaja Oyj's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Panostaja Oyj's Cash-to-Debt distribution charts can be found below:

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

Panostaja Oyj 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.

Panostaja Oyj's Cash to Debt Ratio for the fiscal year that ended in Oct. 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)
	=	10.419	/	(14.629	+	42.775)
	=	0.18

Panostaja Oyj's Cash to Debt Ratio for the quarter that ended in Oct. 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)
	=	10.419	/	(14.629	+	42.775)
	=	0.18

Panostaja Oyj (OHEL:PNA1V) 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.

Panostaja Oyj Cash-to-Debt Related Terms

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

Panostaja Oyj (OHEL:PNA1V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Panostaja Oyj (OHEL:PNA1V) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kalevantie 2, Tampere, FIN, 33100

Website

https://www.panostaja.fi

Panostaja Oyj is a Finland-based investment company. Its business segments are Grano, Hygga, CoreHW, Carrot, Oscar Software, and Others. The majority of the revenue is generated from the Grano segment which is into printing services as well as digital marketing and content services.

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