Panasonic Manufacturing Philippines (PHS:PMPC) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Panasonic Manufacturing Philippines 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. Panasonic Manufacturing Philippines's cash to debt ratio for the quarter that ended in Dec. 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, Panasonic Manufacturing Philippines could pay off its debt using the cash in hand for the quarter that ended in Dec. 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 Panasonic Manufacturing Philippines's Cash-to-Debt or its related term are showing as below:

PHS:PMPC' s Cash-to-Debt Range Over the Past 10 Years
Min: 72.03 Med: 604.59 Max: 119464.52
Current: 1845.58

During the past 13 years, Panasonic Manufacturing Philippines's highest Cash to Debt Ratio was 119464.52. The lowest was 72.03. And the median was 604.59.

PHS:PMPC's Cash-to-Debt is ranked better than
96.32% of 2473 companies
in the Hardware industry
Industry Median: 1.35 vs PHS:PMPC: 1845.58

Panasonic Manufacturing Philippines Cash-to-Debt Historical Data

The historical data trend for Panasonic Manufacturing Philippines'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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Panasonic Manufacturing Philippines Cash-to-Debt Chart

Panasonic Manufacturing Philippines Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

275.04

321.45

434.23

1,028.54

Panasonic Manufacturing Philippines Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															596.29	1,028.54	1,579.63	No Debt	No Debt

Competitive Comparison of Panasonic Manufacturing Philippines's Cash-to-Debt

For the Consumer Electronics subindustry, Panasonic Manufacturing Philippines'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.

Panasonic Manufacturing Philippines's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Panasonic Manufacturing Philippines's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Panasonic Manufacturing Philippines's Cash-to-Debt falls into.

Panasonic Manufacturing Philippines 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.

Panasonic Manufacturing Philippines's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	2592.954	/	(2.521	+	0)
	=	1,028.54

Panasonic Manufacturing Philippines's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Panasonic Manufacturing Philippines had no debt ⁽¹⁾.

Panasonic Manufacturing Philippines (PHS:PMPC) 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.

Panasonic Manufacturing Philippines Cash-to-Debt Related Terms

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

Panasonic Manufacturing Philippines (PHS:PMPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Panasonic Manufacturing Philippines Corp (PHS:PMPC) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Ortigas Avenue Extension, Barrio Mapandan, Barangay San Isidro, Rizal, Taytay, RIZ, PHL, 1920

Website

https://www.panasonic.com/ph

Panasonic Manufacturing Philippines Corp company is a manufacturer, importer, and distributor of electronic, electrical, mechanical, and electro-mechanical appliances, and other types of machinery, parts, components, and batteries. The business of the company operates in segments that include Consumer, which sells products for the media and entertainment industry; System Solutions Group, which sells security systems and projectors; Life Solutions includes lamps, ventilation fans, Panasonic Nanoe Generator (PNG), and other lighting accessories and others, which sells supermarket refrigeration products. The Consumer segment generates maximum revenue for the company. It sells all its products under the brand name Panasonic. Its geographical segments are the Philippines, Hongkong, and Taiwan.

Panasonic Manufacturing Philippines (PHS:PMPC) Headlines

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Panasonic Manufacturing Philippines (PHS:PMPC) Cash-to-Debt : No Debt (1) (As of Dec. 2023)