Pond Technologies Holdings (TSXV:POND) Cash-to-Debt

: 0.02 (As of Sep. 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. Pond Technologies Holdings's cash to debt ratio for the quarter that ended in Sep. 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, Pond Technologies Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Pond Technologies Holdings's Cash-to-Debt or its related term are showing as below:

TSXV:POND' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.61 Max: No Debt
Current: 0.02

During the past 13 years, Pond Technologies Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 0.61.

TSXV:POND's Cash-to-Debt is ranked worse than
94.53% of 1845 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs TSXV:POND: 0.02

Pond Technologies Holdings Cash-to-Debt Historical Data

The historical data trend for Pond Technologies Holdings'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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Pond Technologies Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

0.73

0.21

0.03

0.25

0.05

Pond Technologies Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt																0.12	0.05	0.07	0.03	0.02

Competitive Comparison

For the Farm Products subindustry, Pond Technologies Holdings'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.

Pond Technologies Holdings Cash-to-Debt Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pond Technologies Holdings's Cash-to-Debt distribution charts can be found below:

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

Pond Technologies Holdings 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.

Pond Technologies Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	0.196	/	(1.912	+	1.912)
	=	0.05

Pond Technologies Holdings's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	0.07	/	(1.875	+	1.782)
	=	0.02

Pond Technologies Holdings (TSXV:POND) 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.

Pond Technologies Holdings Cash-to-Debt Related Terms

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Pond Technologies Holdings (TSXV:POND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pond Technologies Holdings Inc (TSXV:POND) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

PNDHF:USA 4O0:Germany

Address

250 Shields Court, Unit 8, Markham, ON, CAN, L3R 9W2

Website

https://www.pondtech.com

Pond Technologies Holdings Inc offers an algae-growing platform, which converts carbon dioxide (CO2) into algal-based commercial products. Its algae-growing platform converts the CO2 found in the untreated stack gas of industrial emitters into biofuels, animal feeds, and natural fertilizers. The Company has three reportable segments, one of which is the Nutraceutical Products segment, which includes production and consumer sales, third-party product operations, and distribution. The Technology Services segment includes royalties, microalgal biomass production, consulting, engineering services, construction of biomass production facilities, and corporate services.

Pond Technologies Holdings (TSXV:POND) Headlines

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