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Pono Capital Two (Pono Capital Two) Cash-to-Debt : 0.28 (As of Dec. 2023)


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What is Pono Capital Two 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. Pono Capital Two's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.28.

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

PTWO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.28   Med: 5000.14   Max: No Debt
Current: 0.28

During the past 2 years, Pono Capital Two's highest Cash to Debt Ratio was No Debt. The lowest was 0.28. And the median was 5000.14.

PTWO's Cash-to-Debt is ranked worse than
68.17% of 556 companies
in the Diversified Financial Services industry
Industry Median: 2.34 vs PTWO: 0.28

Pono Capital Two Cash-to-Debt Historical Data

The historical data trend for Pono Capital Two'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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Pono Capital Two Cash-to-Debt Chart

Pono Capital Two Annual Data
Trend Dec22 Dec23
Cash-to-Debt
No Debt 0.28

Pono Capital Two Quarterly Data
May22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash-to-Debt Get a 7-Day Free Trial No Debt No Debt 0.98 0.57 0.28

Competitive Comparison of Pono Capital Two's Cash-to-Debt

For the Shell Companies subindustry, Pono Capital Two'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.

Pono Capital Two's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Pono Capital Two's Cash-to-Debt distribution charts can be found below:

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


Pono Capital Two 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.

Pono Capital Two'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)
=0.284 / (1 + 0)
=0.28

Pono Capital Two'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)
=0.284 / (1 + 0)
=0.28

* 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.

Pono Capital Two  (NAS:PTWO) 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.

Pono Capital Two Cash-to-Debt Related Terms

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Pono Capital Two (Pono Capital Two) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pono Capital Two Inc (NAS:PTWO) » Definitions » Cash-to-Debt
Comparable Companies
BNIX CCTS ASCA OHAA SHUA HHGC MBTC DUNE SMAP SEPA PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
643 Ilalo Street, Suite 102, Honolulu, HI, USA, 96813
Website
Pono Capital Two Inc is a blank check company.
Executives
Dustin M Shindo director HOKU CORPORATION, 1288 ALA MOANA BLVD STE 220, HONOLULU HI 96814
Mehana Capital Llc 10 percent owner 4348 WAIALAE AVE., #632, HONOLULU HI 96816
Mike K Sayama director 220 SOUTH KING ST., 3RD FLOOR, HONOLULU HI 96813
Trisha Nomura director 643 ILALO STREET, HONOLULU HI 96813
Kotaro Chiba director 643 ILALO STREET, HONOLULU HI 96813
Darryl Nakamoto officer: Chief Executive Officer C/O HOKU CORPORATION, 1288 ALA MOANA BLVD. STE 220, HONOLULU HI 96814
Orman Allison Van officer: Chief Financial Officer 4348 WAIALAE AVE., #632, HONOLULU HI 96816