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What is Pengana International Equities Limited Cash-to-Debt?
Pengana International Equities LimitedASX:PIA -0.48%30 Cash-to-Debt is No Debt (1) as of Jun. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates ASX:PIA with a GF Score™ of 30/100 and a GF Value™ of A$0.28 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,412 Asset Management companies, Pengana International Equities Limited ranks better than 99.65% on this metric.
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 International Equities Limited's cash to debt ratio for the quarter that ended in Jun. 2026 was No Debt (1).
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 International Equities Limitedcould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
(1) 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.
ASX:PIA'
s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt
During the past 13 years, Pengana International Equities Limited's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.
ASX:PIA's Cash-to-Debt is ranked better than 99.65% of 1412
companies
in the Asset Management industry
Industry Median: 6.55
vs ASX:PIA: No Debt
Pengana International Equities Limited (ASX:PIA) 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 International Equities Limited Cash-to-Debt Related Terms
Pengana International Equities Limited Cash-to-Debt Historical Data
* 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.
Pengana International Equities Limited Cash-to-Debt Chart
Pengana International Equities Limited Annual Data
For the Asset Management subindustry, Pengana International Equities Limited'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 International Equities Limited Cash-to-Debt vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Pengana International Equities Limited's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Pengana International Equities Limited's Cash-to-Debt falls into.
Pengana International Equities Limited had no debt (1).
* 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.
What does a Cash-to-Debt of No Debt <sup>(1)</sup> mean?
Pengana International Equities Limited (ASX:PIA) has a Cash-to-Debt of No Debt (1) as of Jun. 2026. This is 100% below median its historical median of 10,000.00. Over the past decade, Pengana International Equities Limited's Cash-to-Debt has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Pengana International Equities Limited ranks #5 out of 1412 companies in the Asset Management industry, placing it in the top 0.40000000000001%.
Is Pengana International Equities Limited's Cash-to-Debt too high?
Pengana International Equities Limited's current Cash-to-Debt of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, Pengana International Equities Limited ranks #5 out of 1412 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Pengana International Equities Limited has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pengana International Equities Limited's Cash-to-Debt compare to BLK and BX?
According to the Asset Management industry distribution chart, Pengana International Equities Limited ranks #5 out of 1412 companies for Cash-to-Debt. This places Pengana International Equities Limited in the top 0% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 6.55. Historically, Pengana International Equities Limited's own Cash-to-Debt has ranged from 10,000.00 to 10,000.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Asset Management company?
The median Cash-to-Debt among Asset Management companies is 6.55, based on 1,412 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median Cash-to-Debt is 6.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pengana International Equities Limited's current Cash-to-Debt is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pengana International Equities Limited stock overvalued right now?
Based on GuruFocus' analysis, Pengana International Equities Limited (ASX:PIA) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.28, compared to a current price of A$1.04 — trading 271.4% above its estimated fair value. The current Cash-to-Debt is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Pengana International Equities Limited's overall GF Score™ is 30/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Pengana International Equities Limited (ASX:PIA), the current Cash-to-Debt is No Debt (1) as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Pengana International Equities Limited (ASX:PIA) Overvalued in 2026?
Based on GuruFocus' analysis, Pengana International Equities Limited stock appears to be overvalued.
The current stock price of A$1.04 is trading 271.4% above its estimated GF Value™ of A$0.28.
GuruFocus considers Pengana International Equities Limited to be Significantly Overvalued.
Key valuation signals for ASX:PIA:
Cash-to-Debt: No Debt (1) (100% below median its 10-year median of 10,000.00)
GF Value™: A$0.28 vs. price of A$1.04 (271.4% above fair value)
No single metric tells the full story. See the ASX:PIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pengana International Equities Limited is an Australian-listed investment company whose operating activity involves investing its Australian capital into businesses operating globally. Its investment objective is to provide shareholders with regular, reliable, and fully franked dividends as well as capital growth. The company invests in high-quality, ethically screened, growing businesses at reasonable prices, focusing on superior risk-adjusted returns over the long term. It operates in one business segment, being investment in securities.
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