Puradyn Filter Technologies (Puradyn Filter Technologies) Cash-to-Debt : 0.01 (As of Dec. 2019)

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What is Puradyn Filter Technologies 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. Puradyn Filter Technologies's cash to debt ratio for the quarter that ended in Dec. 2019 was 0.01.

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, Puradyn Filter Technologies couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2019.

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

PFTI's Cash-to-Debt is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: 0.58
* Ranked among companies with meaningful Cash-to-Debt only.

Puradyn Filter Technologies Cash-to-Debt Historical Data

The historical data trend for Puradyn Filter Technologies'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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Puradyn Filter Technologies Cash-to-Debt Chart

Puradyn Filter Technologies Annual Data

Trend

Dec10

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Dec12

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Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Cash-to-Debt

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0.01

Puradyn Filter Technologies Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.02	0.01	0.01	0.01

Competitive Comparison of Puradyn Filter Technologies's Cash-to-Debt

For the Auto Parts subindustry, Puradyn Filter Technologies'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.

Puradyn Filter Technologies's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Puradyn Filter Technologies's Cash-to-Debt distribution charts can be found below:

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

Puradyn Filter Technologies 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.

Puradyn Filter Technologies'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)
	=	0.078	/	(1.406	+	9.042)
	=	0.01

Puradyn Filter Technologies's Cash to Debt Ratio for the quarter 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)
	=	0.078	/	(1.406	+	9.042)
	=	0.01

Puradyn Filter Technologies (OTCPK:PFTI) 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.

Puradyn Filter Technologies Cash-to-Debt Related Terms

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Puradyn Filter Technologies (Puradyn Filter Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Puradyn Filter Technologies Inc (OTCPK:PFTI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2017 High Ridge Road, Boynton Beach, FL, USA, 33426

Website

https://www.puradyn.com

Puradyn Filter Technologies Inc involves in designing manufactures and distributes Puradyn oil filtration system. Its product is used for all combustion engines and hydraulic equipment that use lubricating oil. The filtration system primarily cleans oil by providing a second circuit of oil filtration and provides treatment to continually remove solid, liquid and gaseous contaminants from the oil through filtration and evaporation process. The filtration system is offered in two models namely MTS and a custom engineered hydraulic system. The company markets its product and generates revenue from across the globe.

Executives

Kevin G Kroger	director, officer: President, Chief Operating Off	4305 CHERRY HILL E. ORCHARD LAKE MI 48323
Edward Vittoria	director, 10 percent owner, officer: Chief Executive Officer	C/O 2017 HIGH RIDGE ROAD BOYNTON BEACH FL 33426
John S Caldwell	director	7902 SOUTH RUN VIEW, SPRINGFIELD VA 22153
Joseph V Vittoria	director, 10 percent owner, officer: Executive Chairman of Board	P O BOX 66100 WHQLD CHICAGO IL 60666
Alan J Sandler	officer: Vice President and CAO	21621 MAGDALENA TERRACE BOCA RATON FL 33433
Dominick A Telesco	director	150 VIA BELLARIA PALM BEACH FL 33480
Forrest Duane Hayes	other: Former director	56 WEXFORD ON THE GREEN HILTON HEAD ISLAND SC 29928
Charles W Walton	director	25800 SCIENCE PARK DRIVE, SUITE 140 BEACHWOOD OH 44122
Cindy Lea Gimler	officer: Chief Financial Officer	10779 CAMBAY CIRCLE BOYNTON BEACH FL 33437
Kathryn Ann Morris	other: Director of Corp Communic.	52 BAYTREE CIRCLE BOYNTON BEACH FL 33436
Doris W Clifton	officer: VP Sales and Marketing	7298 WILLIAMSON RD DALLAS TX 75214
Richard C Ford	director, 10 percent owner
Glenhill Advisors Llc	10 percent owner	600 FIFTH AVE, 11TH FL, NEW YORK NY 10020
Glenn J Krevlin	10 percent owner	600 FIFTH AVE, 11TH FL, NEW YORK NY 10020
Peter H Stephaich	director	525 WILLIAM PENN PL STE 3901 PITTSBURGH PA 15219

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