Pollard Banknote (TSX:PBL) Cash-to-Debt

: 0.02 (As of Dec. 2023)

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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. Pollard Banknote's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.02.

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

TSX:PBL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.05 Max: 0.1
Current: 0.02

During the past 13 years, Pollard Banknote's highest Cash to Debt Ratio was 0.10. The lowest was 0.01. And the median was 0.05.

TSX:PBL's Cash-to-Debt is ranked worse than
96.94% of 818 companies
in the Travel & Leisure industry
Industry Median: 0.565 vs TSX:PBL: 0.02

Pollard Banknote Cash-to-Debt Historical Data

The historical data trend for Pollard Banknote'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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Pollard Banknote Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.05

0.01

0.03

0.01

0.02

Pollard Banknote 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																0.01	0.02	0.09	-	0.02

Competitive Comparison

For the Gambling subindustry, Pollard Banknote'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.

Pollard Banknote Cash-to-Debt Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Pollard Banknote's Cash-to-Debt distribution charts can be found below:

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

Pollard Banknote 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.

Pollard Banknote'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)
	=	3.331	/	(4.675	+	132.559)
	=	0.02

Pollard Banknote'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)
	=	3.331	/	(4.675	+	132.559)
	=	0.02

Pollard Banknote (TSX:PBL) 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.

Pollard Banknote Cash-to-Debt Related Terms

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Pollard Banknote (TSX:PBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Pollard Banknote Ltd (TSX:PBL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

PBKOF:USA

Address

140 Otter Street, Winnipeg, MB, CAN, R3T 0M8

Website

https://www.pollardbanknote.com

Pollard Banknote Ltd is principally engaged in the manufacturing, development, and sale of lottery and charitable gaming products throughout the world. Its operating segments are Lotteries, charitable gaming, Retail and eGaming systems. The company has its geographic presence in Canada, United States and International. It generates majority of the revenue from United States .

Pollard Banknote (TSX:PBL) Headlines

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