GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Perpetual Ltd (OTCPK:PPTTF) » Definitions » Cash-to-Debt

Perpetual (Perpetual) Cash-to-Debt : 0.22 (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Perpetual 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. Perpetual's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.22.

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

PPTTF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22   Med: 4.79   Max: 6.93
Current: 0.22

During the past 13 years, Perpetual's highest Cash to Debt Ratio was 6.93. The lowest was 0.22. And the median was 4.79.

PPTTF's Cash-to-Debt is ranked worse than
76.19% of 1474 companies
in the Asset Management industry
Industry Median: 5.66 vs PPTTF: 0.22

Perpetual Cash-to-Debt Historical Data

The historical data trend for Perpetual'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.

Perpetual Cash-to-Debt Chart

Perpetual Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.35 4.85 0.75 0.70 0.43

Perpetual 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 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.70 0.46 0.43 0.22

Competitive Comparison of Perpetual's Cash-to-Debt

For the Asset Management subindustry, Perpetual'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.

Perpetual's Cash-to-Debt Distribution in the Asset Management Industry

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

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


Perpetual 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.

Perpetual'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)
=286.644 / (123.356 + 540.738)
=0.43

Perpetual'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)
=126.841 / (12.517 + 573.762)
=0.22

* 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.

Perpetual  (OTCPK:PPTTF) 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.

Perpetual Cash-to-Debt Related Terms

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

Perpetual (Perpetual) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Perpetual Ltd (OTCPK:PPTTF) » Definitions » Cash-to-Debt
Comparable Companies
ASX:PNI ASX:MXT ASX:MFF ASX:WLE ASX:WAM ASX:IFL ASX:MFG ASX:BKI ASX:AUI ASX:DUI BLK BX KKR OSTO:INVE A APO TSX:BN BK AMP LSE:III XSWX:PGHN
Traded in Other Exchanges
PVQ:Germany PPT:Australia
Address
123 Pitt Street, Level 18, Angel Place, Sydney, NSW, AUS, 2000
Website
https://www.perpetual.com.au
Perpetual is one of Australia's oldest financial services firms, founded in 1886. It has three operating segments, with the investments business being the main earnings generator. It is an active manager of listed assets. Perpetual also provides financial planning services to high-net-worth clients via its private segment. In its trust segment, it provides outsourced responsible entity services to funds, as well as custodial and trustee services in the debt capital markets, particularly in securitization issuances.