PT United Tractors Tbk (PT United Tractors Tbk) Cash-to-Debt : 0.90 (As of Dec. 2023)

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What is PT United Tractors Tbk 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. PT United Tractors Tbk's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.90.

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, PT United Tractors Tbk 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 PT United Tractors Tbk's Cash-to-Debt or its related term are showing as below:

PUTKY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.86 Med: 3.86 Max: 18.24
Current: 0.9

During the past 13 years, PT United Tractors Tbk's highest Cash to Debt Ratio was 18.24. The lowest was 0.86. And the median was 3.86.

PUTKY's Cash-to-Debt is ranked worse than
69.69% of 2636 companies
in the Metals & Mining industry
Industry Median: 17.92 vs PUTKY: 0.90

PT United Tractors Tbk Cash-to-Debt Historical Data

The historical data trend for PT United Tractors Tbk'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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PT United Tractors Tbk Cash-to-Debt Chart

PT United Tractors Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.86

1.64

3.63

12.75

0.90

PT United Tractors Tbk 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															12.75	16.16	5.09	1.91	0.90

Competitive Comparison of PT United Tractors Tbk's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, PT United Tractors Tbk'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.

PT United Tractors Tbk's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT United Tractors Tbk's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where PT United Tractors Tbk's Cash-to-Debt falls into.

PT United Tractors Tbk 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.

PT United Tractors Tbk's Cash to Debt Ratio for the fiscal year 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)
	=	1098.731	/	(83.968	+	1140.395)
	=	0.90

PT United Tractors Tbk'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)
	=	1098.731	/	(83.968	+	1140.395)
	=	0.90

PT United Tractors Tbk (OTCPK:PUTKY) 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.

PT United Tractors Tbk Cash-to-Debt Related Terms

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

PT United Tractors Tbk (PT United Tractors Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT United Tractors Tbk (OTCPK:PUTKY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

PUTKF:USA UNTR:Indonesia UTY:Germany

Address

Jalan Raya Bekasi Km. 22, Cakung, Jakarta Timur, Jakarta, IDN, 13910

Website

https://www.unitedtractors.com

PT United Tractors Tbk is one of the largest distributors of heavy equipment in Indonesia. It manufactures construction machinery and provides mining services to help customers tap natural resources. The machinery is distributed under various brands and works in the mining, construction, forestry, material handling, and transportation sectors. The company operates contact centers to deliver spare parts, mechanics support, and repair machines for customers. United Tractors operates five business segments: construction machinery, mining contracting (a majority of total revenues), coal mining, gold mining, and construction industry. Mining services pertain to mine design, exploration, extracting, and hauling commodities. The majority of total sales are generated in Indonesia.

PT United Tractors Tbk (PT United Tractors Tbk) Headlines

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