Payton Planar Magnetics (LTS:0NST) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Payton Planar Magnetics 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. Payton Planar Magnetics'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, Payton Planar Magnetics 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 Payton Planar Magnetics's Cash-to-Debt or its related term are showing as below:

LTS:0NST' s Cash-to-Debt Range Over the Past 10 Years
Min: 7.2 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Payton Planar Magnetics's highest Cash to Debt Ratio was No Debt. The lowest was 7.20. And the median was No Debt.

LTS:0NST's Cash-to-Debt is ranked better than
99.84% of 2469 companies
in the Hardware industry
Industry Median: 1.35 vs LTS:0NST: No Debt

Payton Planar Magnetics Cash-to-Debt Historical Data

The historical data trend for Payton Planar Magnetics'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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Payton Planar Magnetics Cash-to-Debt Chart

Payton Planar Magnetics Annual Data

Trend

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Dec23

Cash-to-Debt

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No Debt

Payton Planar Magnetics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Payton Planar Magnetics's Cash-to-Debt

For the Electronic Components subindustry, Payton Planar Magnetics'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.

Payton Planar Magnetics's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Payton Planar Magnetics's Cash-to-Debt distribution charts can be found below:

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

Payton Planar Magnetics 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.

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

Payton Planar Magnetics had no debt ⁽¹⁾.

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

Payton Planar Magnetics had no debt ⁽¹⁾.

Payton Planar Magnetics (LTS:0NST) 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.

Payton Planar Magnetics Cash-to-Debt Related Terms

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Payton Planar Magnetics (LTS:0NST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Payton Planar Magnetics Ltd (LTS:0NST) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

PAYb:UK PAY:Belgium

Address

3 Ha’avoda Street, P.O. Box 2016, Ness-Ziona, ISR

Website

https://www.paytongroup.com

Payton Planar Magnetics Ltd Formerly Payton Planar Magnetics develops, manufactures and markets planar and conventional transformers and operates abroad through its subsidiaries and distributors. The business operates in one business segment that is Transformers. Geographically the company exports its services to Israel, Europe, America, and Asia. The Asian region generates maximum revenue for the company. The product line of the company consists of planar transformers, inductors, and off the shelf transformers. Export sales generate maximum revenue for the company.

Payton Planar Magnetics (LTS:0NST) Headlines

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Payton Planar Magnetics (LTS:0NST) Cash-to-Debt : No Debt (1) (As of Dec. 2023)