Plexian AB (OSTO:PLEX) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Plexian AB 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. Plexian AB's cash to debt ratio for the quarter that ended in Sep. 2023 was No Debt ⁽¹⁾.

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, Plexian AB could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

(1) 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.

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

OSTO:PLEX' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 4 years, Plexian AB's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

OSTO:PLEX's Cash-to-Debt is ranked better than
99.86% of 2798 companies
in the Software industry
Industry Median: 2.55 vs OSTO:PLEX: No Debt

Plexian AB Cash-to-Debt Historical Data

The historical data trend for Plexian AB'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.

Plexian AB Cash-to-Debt Chart

Plexian AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

No Debt

Plexian AB Quarterly Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial							N/A	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Plexian AB's Cash-to-Debt

For the Information Technology Services subindustry, Plexian AB'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.

Plexian AB's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Plexian AB's Cash-to-Debt distribution charts can be found below:

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

Plexian AB 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.

Plexian AB's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Plexian AB had no debt ⁽¹⁾.

Plexian AB's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Plexian AB had no debt ⁽¹⁾.

Plexian AB (OSTO:PLEX) 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.

Plexian AB Cash-to-Debt Related Terms

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

Plexian AB (OSTO:PLEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Plexian AB (OSTO:PLEX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gustav Adolfs Torg 8 B, Malmo, SWE, 211 39

Website

https://www.plexian.se

Plexian AB is a FinTech company. The company has developed a transaction-based loyalty platform - Edge - a sales-driven loyalty platform that generates offers for customers who use the Visa card belonging to the platform for their payments. The data generated by the transactions is used in Edge to provide customers with tailor-made offers that improve daily consumption and increase customer loyalty.

Plexian AB (OSTO:PLEX) Headlines

No Headlines

Plexian AB (OSTO:PLEX) Cash-to-Debt : No Debt (1) (As of Sep. 2023)