Plus Group Holdings (FRA:EJ0) Cash-to-Debt : 4.11 (As of Dec. 2023)

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What is Plus Group 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. Plus Group Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 4.11.

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, Plus Group Holdings 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 Plus Group Holdings's Cash-to-Debt or its related term are showing as below:

FRA:EJ0' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.4 Med: 0.72 Max: 4.11
Current: 4.11

During the past 4 years, Plus Group Holdings's highest Cash to Debt Ratio was 4.11. The lowest was 0.40. And the median was 0.72.

FRA:EJ0's Cash-to-Debt is ranked better than
65.47% of 1031 companies
in the Media - Diversified industry
Industry Median: 1.27 vs FRA:EJ0: 4.11

Plus Group Holdings Cash-to-Debt Historical Data

The historical data trend for Plus Group 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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Plus Group Holdings Cash-to-Debt Chart

Plus Group Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.46

0.40

0.99

4.11

Plus Group Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			0.40	N/A	0.99	8.65	4.11

Competitive Comparison of Plus Group Holdings's Cash-to-Debt

For the Advertising Agencies subindustry, Plus Group 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.

Plus Group Holdings's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Plus Group Holdings's Cash-to-Debt distribution charts can be found below:

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

Plus Group 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.

Plus Group Holdings'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)
	=	29.182	/	(7.093	+	0.001)
	=	4.11

Plus Group Holdings'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)
	=	29.182	/	(7.093	+	0.001)
	=	4.11

Plus Group Holdings (FRA:EJ0) 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.

Plus Group Holdings Cash-to-Debt Related Terms

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Plus Group Holdings (FRA:EJ0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Plus Group Holdings Inc (FRA:EJ0) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

02486:Hong Kong

Address

No. 652 Changshou Road, 2nd Floor–3rd Floor, Building 6, Putuo, Shanghai, CHN

Website

https://www.plscn.com

Plus Group Holdings Inc is an established digitalized sales and marketing service provider, primarily focusing on market-leading FMCG brand owners. Its services aim at digitalizing and systemizing offline commerce. The company offers four types of services, including (i) on-site solution; (ii) field force assignment; (iii) matching service; and (iv) SaaS+ subscription. Its service network has extensive coverage in terms of the scale of customers, geographical locations and types of tasks. The majority of revenue is derived from the On-site solution services. The on-site solution offers solution services for customized sales and marketing activities with the set up of offline venues and event materials.

Plus Group Holdings (FRA:EJ0) Headlines

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