Propell Holdings (ASX:PHL) Cash-to-Debt : 0.09 (As of Dec. 2024)

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What is Propell 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. Propell Holdings's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.09.

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, Propell Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

ASX:PHL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.09 Max: 1.79
Current: 0.09

During the past 4 years, Propell Holdings's highest Cash to Debt Ratio was 1.79. The lowest was 0.06. And the median was 0.09.

ASX:PHL's Cash-to-Debt is ranked worse than
63.85% of 509 companies
in the Credit Services industry
Industry Median: 0.21 vs ASX:PHL: 0.09

Propell Holdings Cash-to-Debt Historical Data

The historical data trend for Propell 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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Propell Holdings Cash-to-Debt Chart

Propell Holdings Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

1.79

0.07

0.09

0.06

Propell Holdings Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial			0.08	0.09	0.10	0.06	0.09

Competitive Comparison of Propell Holdings's Cash-to-Debt

For the Credit Services subindustry, Propell 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.

Propell Holdings's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Propell Holdings's Cash-to-Debt distribution charts can be found below:

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

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Propell 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.

Propell Holdings's Cash to Debt Ratio for the fiscal year that ended in Jun. 2024 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)
	=	0.732	/	(2.679	+	9.723)
	=	0.06

Propell Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 2024 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)
	=	1.119	/	(3.217	+	9.734)
	=	0.09

Propell Holdings (ASX:PHL) 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.

Propell Holdings Cash-to-Debt Related Terms

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Propell Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Propell Holdings Ltd (ASX:PHL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

82 Eagle Street, Level 11, Brisbane, QLD, AUS, 4000

Website

https://propell.investorportal.com.au

Propell Holdings Ltd is a digital, customer-centric fintech company. The Group's operations consist of the provision of financial services to small businesses, through advancing loans and providing payment processing options. It Is an SME-focused finance platform that addresses the key financial challenges faced by small businesses all through a single product. Geographically, it operates in Australia.

Propell Holdings Headlines

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