ProCredit Holding AG (XTER:PCZ) Cash-to-Debt : 7.53 (As of Mar. 2024)

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What is ProCredit Holding AG 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. ProCredit Holding AG's cash to debt ratio for the quarter that ended in Mar. 2024 was 7.53.

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, ProCredit Holding AG could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

XTER:PCZ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.78 Med: 1.13 Max: 7.53
Current: 7.53

During the past 12 years, ProCredit Holding AG's highest Cash to Debt Ratio was 7.53. The lowest was 0.78. And the median was 1.13.

XTER:PCZ's Cash-to-Debt is ranked better than
83.94% of 1432 companies
in the Banks industry
Industry Median: 1.3 vs XTER:PCZ: 7.53

ProCredit Holding AG Cash-to-Debt Historical Data

The historical data trend for ProCredit Holding AG'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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ProCredit Holding AG Cash-to-Debt Chart

ProCredit Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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2.40

3.75

3.36

6.26

7.50

ProCredit Holding AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															6.59	6.50	7.17	7.50	7.53

Competitive Comparison of ProCredit Holding AG's Cash-to-Debt

For the Banks - Diversified subindustry, ProCredit Holding AG'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.

ProCredit Holding AG's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, ProCredit Holding AG's Cash-to-Debt distribution charts can be found below:

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

ProCredit Holding AG 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.

ProCredit Holding AG'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)
	=	2347.616	/	(0	+	313.03)
	=	7.50

ProCredit Holding AG's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	2179.381	/	(0	+	289.475)
	=	7.53

ProCredit Holding AG (XTER:PCZ) 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.

ProCredit Holding AG Cash-to-Debt Related Terms

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

ProCredit Holding AG (XTER:PCZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ProCredit Holding AG (XTER:PCZ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

PRRCF:USA

Address

Rohmerplatz 33-37, Frankfurt, DEU, 60486

Website

https://www.procredit-holding.com

ProCredit Holding AG provides financial products are services. It performs general banking functions like accepting deposits, providing loans, current and savings accounts, and other banking services. The company's geographical segments are South-Eastern Europe, consisting of seven banks in the following countries: Albania, Bosnia and Herzegovina, Bulgaria (including branch operations in Greece), Kosovo, North Macedonia, Romania, and Serbia; Eastern Europe, with three banks located in the following countries, Georgia, Moldova, and Ukraine; South America, consisting of one bank in Ecuador; and Germany, consisting of the ProCredit Bank in Germany, ProCredit Holding, Quipu and the ProCredit Academy in Furth.

Executives

Jovanka Joleska Popovska	Supervisory Board
Eriola Bibolli	Board of Directors
Dr. Gian Marco Felice	Board of Directors
Christian Dagrosa	Board of Directors
Hubert Spechtenhauser	Board of Directors

ProCredit Holding AG (XTER:PCZ) Headlines

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