PEXA Group (ASX:PXA) Cash-to-Debt : 0.20 (As of Dec. 2023)

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What is PEXA Group 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. PEXA Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.20.

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

ASX:PXA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.2 Max: 0.32
Current: 0.2

During the past 3 years, PEXA Group's highest Cash to Debt Ratio was 0.32. The lowest was 0.03. And the median was 0.20.

ASX:PXA's Cash-to-Debt is ranked worse than
86.03% of 2799 companies
in the Software industry
Industry Median: 2.43 vs ASX:PXA: 0.20

PEXA Group Cash-to-Debt Historical Data

The historical data trend for PEXA Group'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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PEXA Group Cash-to-Debt Chart

PEXA Group Annual Data

Trend

Jun21

Jun22

Jun23

Cash-to-Debt

0.10

0.32

0.21

PEXA Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			0.27	0.32	0.14	0.21	0.20

Competitive Comparison of PEXA Group's Cash-to-Debt

For the Software - Application subindustry, PEXA Group'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.

PEXA Group's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, PEXA Group's Cash-to-Debt distribution charts can be found below:

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

PEXA Group 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.

PEXA Group's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	63.788	/	(2.004	+	304.363)
	=	0.21

PEXA Group'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)
	=	76.542	/	(2.591	+	378.121)
	=	0.20

PEXA Group (ASX:PXA) 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.

PEXA Group Cash-to-Debt Related Terms

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PEXA Group (ASX:PXA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » PEXA Group Ltd (ASX:PXA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

727 Collins Street, Tower Four, Collins Square, Level 16, Docklands, Melbourne, VIC, AUS, 3008

Website

https://www.pexa.com.au

Pexa is an exchange business for the digital settlement and lodgment of property transactions. Pexa holds a virtual monopoly on digital settlement and lodgment in Australia, at around 99% market share, due to the business historically being supported by government mandates. Pexa is looking to expand overseas and has entered the United Kingdom market. Pexa is also looking to expand into adjacent products and services, principally in analytics.

PEXA Group (ASX:PXA) Headlines

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