PVARF (Porvair) Cash-to-Debt : 0.49 (As of May. 2024)

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What is Porvair 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. Porvair's cash to debt ratio for the quarter that ended in May. 2024 was 0.49.

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, Porvair couldn't pay off its debt using the cash in hand for the quarter that ended in May. 2024.

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

PVARF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.46 Med: 1.56 Max: No Debt
Current: 0.49

During the past 13 years, Porvair's highest Cash to Debt Ratio was No Debt. The lowest was 0.46. And the median was 1.56.

PVARF's Cash-to-Debt is ranked worse than
66.8% of 2994 companies
in the Industrial Products industry
Industry Median: 1.18 vs PVARF: 0.49

Porvair Cash-to-Debt Historical Data

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

Porvair Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Cash-to-Debt

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1.45

0.64

0.89

1.60

1.04

Porvair Semi-Annual Data
	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24
Cash-to-Debt	Get a 7-Day Free Trial															1.05	1.60	1.79	1.04	0.49

Competitive Comparison of Porvair's Cash-to-Debt

For the Pollution & Treatment Controls subindustry, Porvair'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.

Porvair's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Porvair's Cash-to-Debt distribution charts can be found below:

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

Porvair 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.

Porvair's Cash to Debt Ratio for the fiscal year that ended in Nov. 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)
	=	20.944	/	(6.025	+	14.107)
	=	1.04

Porvair's Cash to Debt Ratio for the quarter that ended in May. 2024 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)
	=	18.003	/	(15.016	+	21.436)
	=	0.49

Porvair (OTCPK:PVARF) 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.

Porvair Cash-to-Debt Related Terms

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Porvair Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Porvair PLC (OTCPK:PVARF) » Definitions » Cash-to-Debt

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PRVl:UK PRV:UK

Address

7 Regis Place, Bergen Way, King's Lynn, Norfolk, GBR, PE30 2JN

Website

https://www.porvair.com

Porvair PLC is an environmental treatment control company. It develops filtration solutions to be used by various types of industries. The company caters to its clients through three divisions, Aerospace and Industrial, Laboratory and Metal Melt Quality. Aerospace and Industrial Division is a key revenue generator, designs and manufactures specialist filtration equipment for application in aerospace, energy, bioscience, water and industrial applications. Laboratory Division designs and manufactures instruments and consumables for use in environmental and bioscience laboratories. Metal Melt Quality Division designs and manufactures porous ceramic filters for the filtration of molten metals. The company generates majority of its manufacturing revenue from sales in the United States.