Pengana Capital Group (ASX:PCG) Cash-to-Debt : 3.26 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Pengana Capital Group 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. Pengana Capital Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 3.26.

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, Pengana Capital Group could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

ASX:PCG' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.72 Med: 5008.81 Max: No Debt
Current: 3.26

During the past 13 years, Pengana Capital Group's highest Cash to Debt Ratio was No Debt. The lowest was 2.72. And the median was 5008.81.

ASX:PCG's Cash-to-Debt is ranked worse than
53.48% of 1466 companies
in the Asset Management industry
Industry Median: 5.89 vs ASX:PCG: 3.26

Pengana Capital Group Cash-to-Debt Historical Data

The historical data trend for Pengana Capital Group'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.

Pengana Capital Group Cash-to-Debt Chart

Pengana Capital Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

2.89

3.57

7.30

17.63

3.98

Pengana Capital Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															10.37	17.63	3.32	3.98	3.26

Competitive Comparison of Pengana Capital Group's Cash-to-Debt

For the Asset Management subindustry, Pengana Capital Group'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.

Pengana Capital Group's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pengana Capital Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Pengana Capital Group's Cash-to-Debt falls into.

Pengana Capital Group 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.

Pengana Capital Group's Cash to Debt Ratio for the fiscal year 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)
	=	14.383	/	(0.678	+	2.932)
	=	3.98

Pengana Capital Group's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	10.66	/	(0.712	+	2.556)
	=	3.26

Pengana Capital Group (ASX:PCG) 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.

Pengana Capital Group Cash-to-Debt Related Terms

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

Pengana Capital Group (ASX:PCG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pengana Capital Group Ltd (ASX:PCG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Governor Phillip Tower, 1 Farrer Place, Suite 1, Level 27, Sydney, NSW, AUS, 2000

Website

https://www.pengana.com

Pengana Capital Group Ltd is a diversified fund management group. Its principal activity of group is funds management with the objective of increasing investor wealth by developing, offering and managing investment funds in Australia and globally as opportunities arise.