Plato Capital (SGX:YYN) Cash-to-Debt : 14.14 (As of Dec. 2023)

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What is Plato Capital 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. Plato Capital's cash to debt ratio for the quarter that ended in Dec. 2023 was 14.14.

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, Plato Capital could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

SGX:YYN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.2 Med: 0.39 Max: 14.14
Current: 14.14

During the past 13 years, Plato Capital's highest Cash to Debt Ratio was 14.14. The lowest was 0.20. And the median was 0.39.

SGX:YYN's Cash-to-Debt is ranked better than
54.67% of 1467 companies
in the Asset Management industry
Industry Median: 5.65 vs SGX:YYN: 14.14

Plato Capital Cash-to-Debt Historical Data

The historical data trend for Plato Capital'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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Plato Capital Cash-to-Debt Chart

Plato Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.37

0.20

1.20

0.31

14.14

Plato Capital Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.20	0.76	0.31	6.15	14.14

Competitive Comparison of Plato Capital's Cash-to-Debt

For the Asset Management subindustry, Plato Capital'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.

Plato Capital's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Plato Capital's Cash-to-Debt distribution charts can be found below:

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

Plato Capital 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.

Plato Capital's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	20.653	/	(1.461	+	0)
	=	14.14

Plato Capital's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	20.653	/	(1.461	+	0)
	=	14.14

Plato Capital (SGX:YYN) 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.

Plato Capital Cash-to-Debt Related Terms

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Plato Capital (SGX:YYN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Plato Capital Ltd (SGX:YYN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Jalan Damansara Endah, Damansara Heights, Ground Floor, Bangunan ECM Libra, Kuala Lumpur, MYS, 50490

Website

https://www.platosolutions.com.my

Plato Capital Ltd is a Singapore-based investment holding company. The operating segments of the company are IT Operations, Investment Activities and Corporate & Other segments. The IT operations segment provides e-commerce services, system integration related services, and distribution and marketing of computer hardware and software. The Investment activities segment manages investments in quoted and unquoted equity shares and performs money lending services. The Corporate and others segment holds an investment in related companies. All of its revenue comes from the Malaysia.

Plato Capital (SGX:YYN) Headlines

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