Progres AD (XBLB:PRGS-R-A) Cash-to-Debt : 1.17 (As of Dec. 2024)

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What is Progres AD 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. Progres AD's cash to debt ratio for the quarter that ended in Dec. 2024 was 1.17.

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, Progres AD could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

XBLB:PRGS-R-A' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.53 Med: No Debt Max: No Debt
Current: 1.17

During the past 5 years, Progres AD's highest Cash to Debt Ratio was No Debt. The lowest was 0.53. And the median was No Debt.

XBLB:PRGS-R-A's Cash-to-Debt is not ranked
in the Personal Services industry.
Industry Median: 0.565 vs XBLB:PRGS-R-A: 1.17

Progres AD Cash-to-Debt Historical Data

The historical data trend for Progres AD'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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Progres AD Cash-to-Debt Chart

Progres AD Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

No Debt

0.53

1.17

Progres AD Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23	Dec24
Cash-to-Debt	No Debt	No Debt	No Debt	0.53	1.17

Competitive Comparison of Progres AD's Cash-to-Debt

For the Personal Services subindustry, Progres AD'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.

Progres AD's Cash-to-Debt Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Progres AD's Cash-to-Debt distribution charts can be found below:

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

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Progres AD 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.

Progres AD's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	0.027	/	(0.023	+	0)
	=	1.17

Progres AD's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	0.027	/	(0.023	+	0)
	=	1.17

Progres AD (XBLB:PRGS-R-A) 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.

Progres AD Cash-to-Debt Related Terms

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

Progres AD Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Progres AD (XBLB:PRGS-R-A) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ulica Zmaj Jovina number 8-10, Belgrade, SRB, 71000

Website

https://www.progres.rs

Progres AD provides psycho-social support for children, youth and adults on the territory of Bosnia and Herzegovina.

Progres AD Headlines

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