Premier Exhibitions (Premier Exhibitions) Cash-to-Debt : 0.11 (As of Aug. 2015)

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What is Premier Exhibitions 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. Premier Exhibitions's cash to debt ratio for the quarter that ended in Aug. 2015 was 0.11.

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, Premier Exhibitions couldn't pay off its debt using the cash in hand for the quarter that ended in Aug. 2015.

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

PRXIQ's Cash-to-Debt is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 0.57
* Ranked among companies with meaningful Cash-to-Debt only.

Premier Exhibitions Cash-to-Debt Historical Data

The historical data trend for Premier Exhibitions'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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Premier Exhibitions Cash-to-Debt Chart

Premier Exhibitions Annual Data

Trend

Feb06

Feb07

Feb08

Feb09

Feb10

Feb11

Feb12

Feb13

Feb14

Feb15

Cash-to-Debt

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No Debt

0.79

0.70

1.35

0.52

Premier Exhibitions Quarterly Data
	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15
Cash-to-Debt	Get a 7-Day Free Trial															2.78	0.62	0.52	0.12	0.11

Competitive Comparison of Premier Exhibitions's Cash-to-Debt

For the Leisure subindustry, Premier Exhibitions'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.

Premier Exhibitions's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Premier Exhibitions's Cash-to-Debt distribution charts can be found below:

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

Premier Exhibitions 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.

Premier Exhibitions's Cash to Debt Ratio for the fiscal year that ended in Feb. 2015 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)
	=	4.798	/	(8.221	+	1.029)
	=	0.52

Premier Exhibitions's Cash to Debt Ratio for the quarter that ended in Aug. 2015 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)
	=	1.606	/	(13.758	+	1.043)
	=	0.11

Premier Exhibitions (OTCPK:PRXIQ) 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.

Premier Exhibitions Cash-to-Debt Related Terms

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Premier Exhibitions (Premier Exhibitions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Premier Exhibitions Inc (OTCPK:PRXIQ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3045 Kingston Court, Suite I, Peachtree Corners, GA, USA, 30071

Website

http://www.prxi.com

Premier Exhibitions Inc is engaged in providing leisure services. It develops and sets up tourism-related exhibitions for the purpose of education and entertainment. The company's exhibitions present opportunities to experience compelling stories using authentic objects and artifacts in diverse environments. Its exhibitions are presented in museums, exhibition centers, and other entertainment venues. The company's services include content development, exhibit design, brand development, space planning and detailed fabrication drawings. It also offers merchandising services.

Executives

Alta Fundamental Advisers Llc	10 percent owner	1500 BROADWAY, SUITE 704, NEW YORK NY 10036
Sellers Capital Llc	other: See Remarks	311 S WACKER DR STE 925 CHICAGO IL 60606
Sellers Capital Master Fund, Ltd.	other: See Remarks	C/O M&C CORPORATE SERVICES, UGLAND HOUSE S. CHURCH ST, PO BOX 309 GT GEORGE TOWN, GRAND CAYMAN E9 CAYMAN
Mark A Sellers	other: See Remarks	SELLERS CAPITAL 161 N CLARK ST STE 4700 CHICAGO IL 60601
Mingcheng Tao	director	3340 PEACHTREE ROAD NE, SUITE 900, ATLANTA GA 30326
Jack H Jacobs	director	101 OAKS ROAD, MILLINGTON NJ 07946
Richard Kraniak	director
Mark Mcgowan	director	C/O COMBIMATRIX CORPORATION, 6500 HARBOUR HEIGHTS PARKWAY, SUITE 303, MUKILTEO WA 98275
Bruce David Eskowitz	director, officer: President and CEO	202 N. CRESCENT DRIVE #1, BEVERLY HILLS CA 96210
Joseph B Marsh	10 percent owner	605 SURFSIDE DRIVE AKRON OH 44317