Prime Media Holdings (PHS:PRIM) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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What is Prime Media Holdings 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. Prime Media Holdings's cash to debt ratio for the quarter that ended in Sep. 2024 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, Prime Media Holdings could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

(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 Prime Media Holdings's Cash-to-Debt or its related term are showing as below:

PHS:PRIM' 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 13 years, Prime Media Holdings's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

PHS:PRIM's Cash-to-Debt is ranked better than
99.61% of 1033 companies
in the Media - Diversified industry
Industry Median: 1.23 vs PHS:PRIM: No Debt

Prime Media Holdings Cash-to-Debt Historical Data

The historical data trend for Prime Media Holdings'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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Prime Media Holdings Cash-to-Debt Chart

Prime Media Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

Prime Media Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Prime Media Holdings's Cash-to-Debt

For the Entertainment subindustry, Prime Media Holdings'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.

Prime Media Holdings's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Prime Media Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Prime Media Holdings's Cash-to-Debt falls into.

Prime Media Holdings 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.

Prime Media Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Prime Media Holdings had no debt ⁽¹⁾.

Prime Media Holdings's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Prime Media Holdings had no debt ⁽¹⁾.

Prime Media Holdings (PHS:PRIM) 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.

Prime Media Holdings Cash-to-Debt Related Terms

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Prime Media Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Prime Media Holdings Inc (PHS:PRIM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

8741 Paseo de Roxas, 16th Floor BDO Towers Valero, Makati, PHL, 1227

Website

https://www.primemedia.com.ph

Prime Media Holdings Inc is a holding company. It owns a stake in a joint venture that develops, produces, and finances content programs and shows for distribution to local and international broadcast networks, channels, and platforms under the brand Teleradyo Serbisyo.