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Pontem (Pontem) Cash-to-Debt : 0.15 (As of Mar. 2023)


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What is Pontem 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. Pontem's cash to debt ratio for the quarter that ended in Mar. 2023 was 0.15.

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, Pontem couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

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

PNTM.U' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04   Med: 0.21   Max: No Debt
Current: 0.15

During the past 3 years, Pontem's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was 0.21.

PNTM.U's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 5.48 vs PNTM.U: 0.15

Pontem Cash-to-Debt Historical Data

The historical data trend for Pontem'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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Pontem Cash-to-Debt Chart

Pontem Annual Data
Trend Dec20 Dec21 Dec22
Cash-to-Debt
- 0.45 0.21

Pontem Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.15 0.05 0.21 0.15

Competitive Comparison of Pontem's Cash-to-Debt

For the Shell Companies subindustry, Pontem'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.

Pontem's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

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


Pontem 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.

Pontem'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)
=0.15 / (0.709 + 0)
=0.21

Pontem's Cash to Debt Ratio for the quarter 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)
=0.205 / (1.381 + 0)
=0.15

* 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.

Pontem  (NYSE:PNTM.U) 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.

Pontem Cash-to-Debt Related Terms

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

Pontem (Pontem) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pontem Corp (NYSE:PNTM.U) » Definitions » Cash-to-Debt
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Traded in Other Exchanges
N/A
Address
2170 Buckthorne Place, Suite 320, The Woodlands, TX, USA, 77380
Website
https://www.pontemcorp.com
Pontem Corp is a blank check company.
Executives
David Hagen director 2170 BUCKTHORNE PLACE, SUITE 320, THE WOODLANDS TX 77390
Robert G Bohn director ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
James Gentilcore director NINE HAMPSHIRE STREET, MANSFIELD MA 02048
Hubertus M Muhlhauser director, 10 percent owner, officer: Chairman and CEO MANITOWOC FOODSERVICE INC., 2227 WELBILT AVENUE, NEW PORT RICHEY FL 34655
Erik Olsson director C/O RSC HOLDINGS INC., 6929 E. GREENWAY PARKWAY, SCOTTSDALE AZ 85254
Luciano Mozzato director 10205 WESTHEIMER, SUITE 1000, HOUSTON TX 77042
Pontem Llc 10 percent owner 1140 AVENUE OF THE AMERICAS, 9TH FLOOR, NEW YORK NY 10036
Nina Murphy officer: Chief Financial Officer C/O PONTEM CORPORATION, 1140 AVENUE OF THE AMERICAS, 9TH FLOOR, NEW YORK NY 10036
Burak Alici director, 10 percent owner, officer: Lead Director C/O PONTEM CORPORATION, 1140 AVENUE OF THE AMERICAS, 9TH FLOOR, NEW YORK NY 10036
Peter Grosch director C/O PONTEM CORPORATION, 1140 AVENUE OF THE AMERICAS, 9TH FLOOR, NEW YORK NY 10036
Sm-invest 10 percent owner HURDNERSTRASSE 60, CH-8640 HURDEN, SCHWYZ V8 00000