PSP Specialties PCL (BKK:PSP) Cash-to-Debt : 0.44 (As of Sep. 2023)

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What is PSP Specialties 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. PSP Specialties PCL's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.44.

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, PSP Specialties PCL couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

BKK:PSP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.27 Max: 40.74
Current: 0.44

During the past 6 years, PSP Specialties PCL's highest Cash to Debt Ratio was 40.74. The lowest was 0.06. And the median was 0.27.

BKK:PSP's Cash-to-Debt is ranked worse than
61.97% of 1512 companies
in the Chemicals industry
Industry Median: 0.74 vs BKK:PSP: 0.44

PSP Specialties PCL Cash-to-Debt Historical Data

The historical data trend for PSP Specialties 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.

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PSP Specialties PCL Cash-to-Debt Chart

PSP Specialties PCL Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

8.93

18.23

40.74

0.29

0.06

PSP Specialties PCL Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial									0.22	0.06	0.08	0.07	0.44

Competitive Comparison of PSP Specialties PCL's Cash-to-Debt

For the Specialty Chemicals subindustry, PSP Specialties 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.

PSP Specialties PCL's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, PSP Specialties PCL's Cash-to-Debt distribution charts can be found below:

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

PSP Specialties 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.

PSP Specialties PCL's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	309.18	/	(3399.058	+	1685.227)
	=	0.06

PSP Specialties PCL's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	1042.101	/	(1095.047	+	1253.716)
	=	0.44

PSP Specialties PCL (BKK:PSP) 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.

PSP Specialties PCL Cash-to-Debt Related Terms

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

PSP Specialties PCL (BKK:PSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PSP Specialties PCL (BKK:PSP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Boromrachachonanee Road, Arun-Amarin, Bangkoknoi, Bangkok, THA, 10700

Website

https://www.psp.co.th

PSP Specialties PCL is engaged in the manufacturing and sales of lubricants and greases, warehouse service, and hired transport. Its services start from raw material sourcing and product design to manufacturing, packaging, storage, and distribution. The company produces made-to-order products in a timely and efficient manner based on specific customer requirements. its main products include lubricant oil, grease, and specialty products such as rubber process oil and transformer oil. Additionally, the business operates in Myanmar through its subsidiary.