PT Polaris Investama Tbk (ISX:PLAS) Cash-to-Debt: 0.10 (As of Jun. 2020)

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ISX:PLAS PT Polaris Investama Tbk ISX:PLAS
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What is PT Polaris Investama Tbk Cash-to-Debt?

PT Polaris Investama Tbk ISX:PLAS 4 Cash-to-Debt is 0.10 as of Jun. 2020. GuruFocus rates ISX:PLAS with a GF Score™ of 4/100.

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. PT Polaris Investama Tbk's cash to debt ratio for the quarter that ended in Jun. 2020 was 0.10.

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, PT Polaris Investama Tbk couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2020.

The historical rank and industry rank for PT Polaris Investama Tbk's Cash-to-Debt or its related term are showing as below:

ISX:PLAS's Cash-to-Debt is not ranked *
in the Capital Markets industry.
Industry Median: 2.33
* Ranked among companies with meaningful Cash-to-Debt only.

PT Polaris Investama Tbk  (ISX:PLAS) 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.

PT Polaris Investama Tbk Cash-to-Debt Related Terms

PT Polaris Investama Tbk Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for PT Polaris Investama Tbk'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.

PT Polaris Investama Tbk Cash-to-Debt Chart

PT Polaris Investama Tbk Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cash-to-Debt
Get a 7-Day Free Trial 0.58 0.59 0.83 0.17 0.17

PT Polaris Investama Tbk Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.18 0.17 0.14 0.10

PT Polaris Investama Tbk Cash-to-Debt Competitor Comparison

For the Capital Markets subindustry, PT Polaris Investama Tbk'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.

PT Polaris Investama Tbk Cash-to-Debt vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, PT Polaris Investama Tbk's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where PT Polaris Investama Tbk's Cash-to-Debt falls into.


ISX:PLAS
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PT Polaris Investama Tbk ISX:PLAS
Cash-to-Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Polaris Investama Tbk 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.

PT Polaris Investama Tbk's Cash to Debt Ratio for the fiscal year that ended in Dec. 2019 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)
=2702.266 / (16115.2 + 0)
=0.17

PT Polaris Investama Tbk's Cash to Debt Ratio for the quarter that ended in Jun. 2020 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)
=1408.919 / (14401.6 + 0)
=0.10

* 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.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 0.10 mean?
PT Polaris Investama Tbk (ISX:PLAS) has a Cash-to-Debt of 0.10 as of Jun. 2020.
Is PT Polaris Investama Tbk's Cash-to-Debt too high?
PT Polaris Investama Tbk's current Cash-to-Debt is 0.10. The Capital Markets industry median Cash-to-Debt is 2.33. PT Polaris Investama Tbk's value of 0.10 is 95.7% below this industry median. Overall, PT Polaris Investama Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PT Polaris Investama Tbk's Cash-to-Debt compare to competitors?
PT Polaris Investama Tbk's Cash-to-Debt of 0.10 can be compared against companies in the Capital Markets industry. The industry median Cash-to-Debt is 2.33. PT Polaris Investama Tbk's value of 0.10 is 95.7% below this benchmark. 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 a Capital Markets company?
The median Cash-to-Debt among Capital Markets companies is 2.33, based on 775 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. PT Polaris Investama Tbk's current Cash-to-Debt of 0.10 is 95.7% below the industry median. 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 Capital Markets industry, the median Cash-to-Debt is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Polaris Investama Tbk's current Cash-to-Debt is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Polaris Investama Tbk stock overvalued right now?
PT Polaris Investama Tbk (ISX:PLAS) has a current Cash-to-Debt of 0.10. The current Cash-to-Debt is 0.10 and 95.7% below the Capital Markets industry median of 2.33. PT Polaris Investama Tbk's overall GF Score™ is 4/100. 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 PT Polaris Investama Tbk (ISX:PLAS), the current Cash-to-Debt is 0.10 as of Jun. 2020. 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.

PT Polaris Investama Tbk Business Description

Address Mayapada Tower Lt. 11, Jl. Jend. Sudirman Kav. 28, Jakarta, IDN, 12920
PT Polaris Investama Tbk operates in capital markets industry in Indonesia. The company is an investment company operates as a dealer broker and underwriter.
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