Pengana International Equities Limited (ASX:PIA) Cash-to-Debt

: No Debt ⁽¹⁾ (As of Dec. 2023)

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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. Pengana International Equities Limited's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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, Pengana International Equities Limited could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

The historical rank and industry rank for Pengana International Equities Limited's Cash-to-Debt or its related term are showing as below:

ASX:PIA' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Pengana International Equities Limited's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

ASX:PIA's Cash-to-Debt is ranked better than
99.93% of 1474 companies
in the Asset Management industry
Industry Median: 5.175 vs ASX:PIA: No Debt

Pengana International Equities Limited Cash-to-Debt Historical Data

The historical data trend for Pengana International Equities Limited'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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Pengana International Equities Limited Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

No Debt

Pengana International Equities Limited 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																No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison

For the Asset Management subindustry, Pengana International Equities Limited'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.

Pengana International Equities Limited Cash-to-Debt Distribution

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

* The bar in red indicates where Pengana International Equities Limited's Cash-to-Debt falls into.

Pengana International Equities Limited 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.

Pengana International Equities Limited's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Pengana International Equities Limited had no debt ⁽¹⁾.

Pengana International Equities Limited's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Pengana International Equities Limited had no debt ⁽¹⁾.

Pengana International Equities Limited (ASX:PIA) 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.

Pengana International Equities Limited Cash-to-Debt Related Terms

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Pengana International Equities Limited (ASX:PIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pengana International Equities Limited (ASX:PIA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Farrer Place, Suite 1, Level 27, Grosvenor Phillip Tower, Sydney, NSW, AUS, 2000

Website

https://www.pengana.com

Pengana International Equities Limited, formerly Hunter Hall Global Value Ltd is an investment holding company investing in medium and long-term concentrated portfolio, predominantly in international and ASX listed securities. The company operates in one business segment, being an investment in securities. Its objective is to provide investors with superior returns over the medium to long term by investing in high-quality stocks that are perceived to be undervalued.

Pengana International Equities Limited (ASX:PIA) Headlines

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