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Plains Acquisition (Plains Acquisition) Cash-to-Debt : 0.00 (As of . 20)


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What is Plains Acquisition 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. Plains Acquisition's cash to debt ratio for the quarter that ended in . 20 was 0.00.

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, Plains Acquisition couldn't pay off its debt using the cash in hand for the quarter that ended in . 20.

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

PLQC's Cash-to-Debt is not ranked *
in the Banks industry.
Industry Median: 1.295
* Ranked among companies with meaningful Cash-to-Debt only.

Plains Acquisition Cash-to-Debt Historical Data

The historical data trend for Plains Acquisition'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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Plains Acquisition Cash-to-Debt Chart

Plains Acquisition Annual Data
Trend
Cash-to-Debt

Plains Acquisition Semi-Annual Data
Cash-to-Debt

Competitive Comparison of Plains Acquisition's Cash-to-Debt

For the Banks - Regional subindustry, Plains Acquisition'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.


Plains Acquisition's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Plains Acquisition's Cash-to-Debt distribution charts can be found below:

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



Plains Acquisition Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Plains Acquisition's Cash to Debt Ratio for the fiscal year that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Plains Acquisition's Cash to Debt Ratio for the quarter that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

* 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.


Plains Acquisition  (OTCPK:PLQC) 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.


Plains Acquisition Cash-to-Debt Related Terms

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


Plains Acquisition (Plains Acquisition) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
19404 Kenswick Drive, Humble, TX, USA, 77338
Plains Acquisition Corp is a United States-based bank holding company. It offers a full range of banking services. It provides loans to small and medium-sized businesses and individuals in its market area. The Bank operates full-service branch locations in Humble, Houston, Plains, Sugar Land, and Conroe, Texas, and limited-service branches or loan production offices in Houston and San Antonio, Texas.

Plains Acquisition (Plains Acquisition) Headlines