Pure Cycle (Pure Cycle) Cash-to-Debt

: 2.90 (As of Feb. 2024)

View and export this data going back to 1994. Start your Free Trial

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. Pure Cycle's cash to debt ratio for the quarter that ended in Feb. 2024 was 2.90.

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, Pure Cycle could pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

PCYO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 132.43 Max: No Debt
Current: 2.9

During the past 13 years, Pure Cycle's highest Cash to Debt Ratio was No Debt. The lowest was 0.11. And the median was 132.43.

PCYO's Cash-to-Debt is ranked better than
82.69% of 491 companies
in the Utilities - Regulated industry
Industry Median: 0.26 vs PCYO: 2.90

Pure Cycle Cash-to-Debt Historical Data

The historical data trend for Pure Cycle'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.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => No Debt [6] => 112.36 [7] => 166.26 [8] => 8.52 [9] => 3.58 )

Pure Cycle Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

No Debt

112.36

166.26

8.52

3.58

Pure Cycle Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt																5.54	6.44	3.58	3.08	2.90

Competitive Comparison

For the Utilities - Regulated Water subindustry, Pure Cycle'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.

Pure Cycle Cash-to-Debt Distribution

For the Utilities - Regulated industry and Utilities sector, Pure Cycle's Cash-to-Debt distribution charts can be found below:

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

Pure Cycle 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.

Pure Cycle's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	26.012	/	(0.149	+	7.127)
	=	3.58

Pure Cycle's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	20.586	/	(0.102	+	6.992)
	=	2.90

Pure Cycle (NAS:PCYO) 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.

Pure Cycle Cash-to-Debt Related Terms

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

Pure Cycle (Pure Cycle) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Pure Cycle Corp (NAS:PCYO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

34501 E. Quincy Avenue, Building 65, Suite A, Watkins, CO, USA, 80137

Website

https://www.purecyclewater.com

Pure Cycle Corp is a diversified land and water resource development company. It designs, constructs, manages, operates, and maintains water and wastewater systems. The firm operates in two business segments namely Water and wastewater resource development and Land development. It generates maximum revenue from the Land development segment. The company's services include water production, storage, treatment, bulk transmission to retail distribution systems, wastewater collection and treatment, irrigation water treatment and transmission, construction management, billing, and collection. The land resource development segment includes all the activities necessary to develop and sell finished lots.

Executives

Mark W Harding	director, officer: President and CFO	8451 DELAWARE STREET, THORNTON CO 80260
Marc Stephen Spezialy	officer: Vice President and CFO	34501 E. QUINCY AVE. BLDG 65, WATKINS CO 80137
Kevin Blain Mcneill	officer: Chief Financial Officer	34501 E. QUINCY AVE, BLDG 34, WATKINS CO 80018
Plaisance Spv I, Llc	10 percent owner	250 FILLMORE, SUITE 525, DENVER CO 80206
Wanda J Abel	director	34501 QUINCY AVENUE BLDG. 34, WATKINS CO 80109
Fendel Frederick A. Iii	director	C/O PURE CYCLE CORP., 34501 E. QUINCY AVE., BLDG. 34, WATKINS CO 80137
Plaisance Capital Llc	10 percent owner	250 FILLMORE, SUITE 525, DENVER CO 80206
Patrick Beirne	director	8 VIKING DR, ENGLEWOOD CO 80113
Jeffrey G Sheets	director	5291 E. YALE AVE., DENVER CO 80222
Par Investment Partners Lp	10 percent owner	200 CLARENDON STREET, FL 48, BOSTON MA 02116
Daniel R Kozlowski	10 percent owner	250 FILLMORE, SUITE 525, DENVER CO 80206
Par Capital Management Inc	10 percent owner	200 CLARENDON STREET, FL 48, BOSTON MA 02116
Par Group Ii, L.p.	10 percent owner	200 CLARENDON STREET, 48TH FLOOR, BOSTON MA 02116
Epker Arthur G Iii	director	C/O PURE CYCLE CORPORATION, 8451 DELAWARE ST., THORNTON CO 80260
Harrison E Augur	director	PO BOX 4389, ASPEN CO 81611