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Pss Co (TPE:6914) Cash-to-Debt : 0.22 (As of Dec. 2023)


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What is Pss Co 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. Pss Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.22.

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, Pss Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

TPE:6914' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14   Med: 0.15   Max: 0.22
Current: 0.22

During the past 5 years, Pss Co's highest Cash to Debt Ratio was 0.22. The lowest was 0.14. And the median was 0.15.

TPE:6914's Cash-to-Debt is ranked worse than
83.57% of 3006 companies
in the Industrial Products industry
Industry Median: 1.23 vs TPE:6914: 0.22

Pss Co Cash-to-Debt Historical Data

The historical data trend for Pss Co'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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Pss Co Cash-to-Debt Chart

Pss Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
0.14 0.15 0.15 0.18 0.22

Pss Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash-to-Debt Get a 7-Day Free Trial 0.15 0.15 0.18 0.18 0.22

Competitive Comparison of Pss Co's Cash-to-Debt

For the Business Equipment & Supplies subindustry, Pss Co'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.

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

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

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


Pss Co 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.

Pss Co'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)
=902.617 / (1374.336 + 2791.317)
=0.22

Pss Co'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)
=902.617 / (1374.336 + 2791.317)
=0.22

* 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.

Pss Co  (TPE:6914) 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.

Pss Co Cash-to-Debt Related Terms

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Pss Co (TPE:6914) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pss Co Ltd (TPE:6914) » Definitions » Cash-to-Debt
Comparable Companies
TPE:8114 TPE:2433 TPE:2427 ROCO:4503 TPE:2482 TPE:5258 ROCO:6593 ROCO:8342 ROCO:5490 ROCO:5438 SHSE:603899 TSE:7752 TSE:6448 SZSE:002152 TSE:8060 TSE:7984 SZSE:300130 HNI TSE:4902 TSE:7846
Traded in Other Exchanges
N/A
Address
Section 2, Zhongshan Road, 4th Floor, No. 10, Lane 327, Zhonghe District, New Taipei, TWN, 235602
Website
https://www.pss-group.com
Pss Co Ltd is a self service payment provider. It is committed to self service development and specializes in cash transaction service projects. It is a parking system provider with state-of-the-art technology. in order to provide services to users who use the parking lot quickly.

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