TPG (TPG) Cash-to-Debt : 0.53 (As of Dec. 2023)

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What is TPG 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. TPG's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.53.

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, TPG 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 TPG's Cash-to-Debt or its related term are showing as below:

TPG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.53 Med: 1.57 Max: 1.88
Current: 0.53

During the past 6 years, TPG's highest Cash to Debt Ratio was 1.88. The lowest was 0.53. And the median was 1.57.

TPG's Cash-to-Debt is ranked worse than
65.72% of 1476 companies
in the Asset Management industry
Industry Median: 5.445 vs TPG: 0.53

TPG Cash-to-Debt Historical Data

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

TPG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.42

1.76

1.57

1.88

0.53

TPG Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial											1.88	2.11	2.02	2.76	0.53

Competitive Comparison of TPG's Cash-to-Debt

For the Asset Management subindustry, TPG'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.

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

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

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

TPG 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.

TPG's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	665.188	/	(0	+	1263.925)
	=	0.53

TPG's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	665.188	/	(0	+	1263.925)
	=	0.53

TPG (NAS:TPG) 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.

TPG Cash-to-Debt Related Terms

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TPG (TPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » TPG Inc (NAS:TPG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

B81:Germany B81:Germany

Address

301 Commerce Street, Suite 3300, Fort Worth, TX, USA, 76102

Website

https://www.tpg.com

TPG Inc is an alternative asset firm. It invests across five multi-product platforms namely Capital, Growth, Impact, Real Estate, and Market Solutions. TPG aims to build dynamic products and options for its clients while also instituting discipline and operational excellence across the investment and performance of its portfolio.

Executives

Gunther Bright	director	C/O WARBURG PINCUS CAPITAL CORPORATION I, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Anilu Vazquez-ubarri	director, officer: Chief Human Resources Officer	C/O UPWORK INC., 2625 AUGUSTINE DRIVE, SUITE 601, SANTA CLARA CA 95054
Tpg Group Holdings (sbs) Advisors, Llc	10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Tpg Group Holdings (sbs), L.p.	10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Tpg Partner Holdings, L.p.	10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Ganendran Sarvananthan	director	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Bradford Berenson	officer: General Counsel	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Ken N. Murphy	officer: Chief Operating Officer	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Jack Weingart	director, officer: Chief Financial Officer	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Maya Chorengel	director	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Joann Harris	officer: Chief Compliance Officer	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
David Bonderman	director, 10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Tpg Gp A, Llc	10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
David Trujillo	director	1455 MARKET STREET, 4TH FLOOR, SAN FRANCISCO CA 94103
Martin Davidson	officer: Chief Accounting Officer	C/O TPG PACE ENERGY HOLDINGS CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102