Postmedia Network Canada (TSX:PNC.A) Cash-to-Debt : 0.02 (As of Feb. 2024)

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What is Postmedia Network Canada 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. Postmedia Network Canada's cash to debt ratio for the quarter that ended in Feb. 2024 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, Postmedia Network Canada couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

TSX:PNC.A' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.05 Max: 0.21
Current: 0.02

During the past 13 years, Postmedia Network Canada's highest Cash to Debt Ratio was 0.21. The lowest was 0.02. And the median was 0.05.

TSX:PNC.A's Cash-to-Debt is ranked worse than
96.42% of 1034 companies
in the Media - Diversified industry
Industry Median: 1.26 vs TSX:PNC.A: 0.02

Postmedia Network Canada Cash-to-Debt Historical Data

The historical data trend for Postmedia Network Canada'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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Postmedia Network Canada Cash-to-Debt Chart

Postmedia Network Canada Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

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0.06

0.16

0.21

0.04

0.02

Postmedia Network Canada 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	Get a 7-Day Free Trial															0.04	0.03	0.02	0.02	0.02

Competitive Comparison of Postmedia Network Canada's Cash-to-Debt

For the Publishing subindustry, Postmedia Network Canada'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.

Postmedia Network Canada's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Postmedia Network Canada's Cash-to-Debt distribution charts can be found below:

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

Postmedia Network Canada 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.

Postmedia Network Canada'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)
	=	6.191	/	(26.092	+	316.81)
	=	0.02

Postmedia Network Canada'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)
	=	5.486	/	(23.622	+	329.755)
	=	0.02

Postmedia Network Canada (TSX:PNC.A) 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.

Postmedia Network Canada Cash-to-Debt Related Terms

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Postmedia Network Canada (TSX:PNC.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Postmedia Network Canada Corp (TSX:PNC.A) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

PNC.B:Canada

Address

365 Bloor Street East, Legal Department, 12th Floor, Toronto, ON, CAN, M4W 3L4

Website

https://www.postmedia.com

Postmedia Network Canada Corp is a holding company. It operates through the Newsmedia segment. The company's business consists of news and information gathering and dissemination operations, with products offered in local, regional and metropolitan markets in Canada through multiple print, online and mobile platforms. Postmedia's operations include an extensive distribution network, which also offers distribution services, for advertising flyers and parcels. The combination of these distribution platforms provides audiences with a variety of media through which to access and interact with Postmedia's content. The breadth of the company's reach and the diversity of its content enable advertisers to reach target audiences on a local, regional or national scale.

Postmedia Network Canada (TSX:PNC.A) Headlines

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