Punktid Technologies AS (OTSE:PNKTD) Cash-to-Debt : 0.21 (As of Jun. 2023)

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What is Punktid Technologies AS 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. Punktid Technologies AS's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.21.

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, Punktid Technologies AS couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

OTSE:PNKTD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.21 Med: 21.5 Max: 49.33
Current: 0.21

During the past 2 years, Punktid Technologies AS's highest Cash to Debt Ratio was 49.33. The lowest was 0.21. And the median was 21.50.

OTSE:PNKTD's Cash-to-Debt is ranked worse than
68.82% of 1113 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs OTSE:PNKTD: 0.21

Punktid Technologies AS Cash-to-Debt Historical Data

The historical data trend for Punktid Technologies AS'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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Punktid Technologies AS Cash-to-Debt Chart

Punktid Technologies AS Annual Data

Trend

Dec21

Dec22

Cash-to-Debt

0.54

21.50

Punktid Technologies AS Semi-Annual Data
	Jun22	Dec22	Jun23
Cash-to-Debt	49.33	21.50	0.21

Competitive Comparison of Punktid Technologies AS's Cash-to-Debt

For the Internet Retail subindustry, Punktid Technologies AS'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.

Punktid Technologies AS's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Punktid Technologies AS's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Punktid Technologies AS's Cash-to-Debt falls into.

Punktid Technologies AS 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.

Punktid Technologies AS'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)
	=	0.129	/	(0.003	+	0.003)
	=	21.50

Punktid Technologies AS's Cash to Debt Ratio for the quarter 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)
	=	0.021	/	(0.098	+	0.003)
	=	0.21

Punktid Technologies AS (OTSE:PNKTD) 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.

Punktid Technologies AS Cash-to-Debt Related Terms

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Punktid Technologies AS (OTSE:PNKTD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Punktid Technologies AS (OTSE:PNKTD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gamekeys OU, Tornimae 5, Tallinn, EST

Website

https://www.punktid.com

Punktid Technologies AS offers an online store selling game codes, gift cards, and software licenses.

Punktid Technologies AS (OTSE:PNKTD) Headlines

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