Phatra Leasing PCL (BKK:PL) Cash-to-Debt : 0.01 (As of Sep. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Phatra Leasing PCL 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. Phatra Leasing PCL's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.01.

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, Phatra Leasing PCL couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

BKK:PL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.07
Current: 0.01

During the past 13 years, Phatra Leasing PCL's highest Cash to Debt Ratio was 0.07. The lowest was 0.00. And the median was 0.01.

BKK:PL's Cash-to-Debt is ranked worse than
97.92% of 1058 companies
in the Business Services industry
Industry Median: 1.01 vs BKK:PL: 0.01

Phatra Leasing PCL Cash-to-Debt Historical Data

The historical data trend for Phatra Leasing PCL'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.

Phatra Leasing PCL Cash-to-Debt Chart

Phatra Leasing PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.02

0.01

0.02

0.01

Phatra Leasing PCL Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.06	0.01	0.01	0.07	0.01

Competitive Comparison of Phatra Leasing PCL's Cash-to-Debt

For the Rental & Leasing Services subindustry, Phatra Leasing PCL'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.

Phatra Leasing PCL's Cash-to-Debt Distribution in the Business Services Industry

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

* The bar in red indicates where Phatra Leasing PCL's Cash-to-Debt falls into.

Phatra Leasing PCL 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.

Phatra Leasing PCL's Cash to Debt Ratio for the fiscal year 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)
	=	107.15	/	(4744.879	+	3679.201)
	=	0.01

Phatra Leasing PCL's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	74.734	/	(4193.099	+	4656.195)
	=	0.01

Phatra Leasing PCL (BKK:PL) 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.

Phatra Leasing PCL Cash-to-Debt Related Terms

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

Phatra Leasing PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Phatra Leasing PCL (BKK:PL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rachadaphisek Road, 252/6, 29th Floor, Muang Thai Phatra Complex, Huaykwang, Bangkok, THA, 10320

Website

https://www.pl.co.th

Phatra Leasing PCL is engaged in the provision of leasing services. The company operates two principal business segments, which are the Land Vehicle segment and the Others segment. It principally provides vehicle leasing services for commercial vehicles and passenger vehicles. It also offers aircraft leasing for small aircraft, such as business jets, turboprops, and watercraft. The company's commercial leasing offers equipment leasing, such as machinery, computers, and general equipment under finance leases. Its other services include vehicle registration, motor insurance, repair, and maintenance. The firm operates service centers throughout Thailand. The Land Vehicle segment accounts for a majority of the company's revenue.