PGG Wrightson (NZSE:PGW) Cash-to-Debt : 0.07 (As of Dec. 2023)

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What is PGG Wrightson 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. PGG Wrightson's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.07.

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, PGG Wrightson couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

NZSE:PGW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 78.54
Current: 0.07

During the past 13 years, PGG Wrightson's highest Cash to Debt Ratio was 78.54. The lowest was 0.01. And the median was 0.06.

NZSE:PGW's Cash-to-Debt is ranked worse than
89.42% of 1068 companies
in the Business Services industry
Industry Median: 0.985 vs NZSE:PGW: 0.07

PGG Wrightson Cash-to-Debt Historical Data

The historical data trend for PGG Wrightson'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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PGG Wrightson Cash-to-Debt Chart

PGG Wrightson Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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78.54

0.11

0.03

0.04

0.03

PGG Wrightson Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.04	0.02	0.03	0.07

Competitive Comparison of PGG Wrightson's Cash-to-Debt

For the Specialty Business Services subindustry, PGG Wrightson'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.

PGG Wrightson's Cash-to-Debt Distribution in the Business Services Industry

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

* The bar in red indicates where PGG Wrightson's Cash-to-Debt falls into.

PGG Wrightson 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.

PGG Wrightson's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	4.643	/	(38.546	+	119.769)
	=	0.03

PGG Wrightson'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)
	=	13.307	/	(85.189	+	113.089)
	=	0.07

PGG Wrightson (NZSE:PGW) 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.

PGG Wrightson Cash-to-Debt Related Terms

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

PGG Wrightson (NZSE:PGW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » PGG Wrightson Ltd (NZSE:PGW) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

PGWFF:USA

Address

1 Robin Mann Place, Christchurch Airport, Christchurch, CT, NZL, 8053

Website

https://www.pggwrightson.co.nz

PGG Wrightson Ltd is an agriculture solutions provider predominantly in New Zealand. The company's reportable segments are, Agency, Retail & Water, and Other. The company generates maximum revenue from the Retail and Water segment which includes the rural supplies and fruitfed retail operations, PGG Wrightson Water, PGW Consulting, Agritrade, and ancillary sales support, supply chain, and marketing functions. The Agency segment includes rural Livestock trading activities, export livestock, wool, insurance, real estate, and finance commission. The company principally operates in New Zealand.

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