Premier Veterinary Group (AQSE:PVG.GB) Cash-to-Debt : 0.10 (As of Mar. 2020)

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What is Premier Veterinary Group 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. Premier Veterinary Group's cash to debt ratio for the quarter that ended in Mar. 2020 was 0.10.

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, Premier Veterinary Group couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2020.

The historical rank and industry rank for Premier Veterinary Group's Cash-to-Debt or its related term are showing as below:

AQSE:PVG.GB's Cash-to-Debt is not ranked ^*
in the Personal Services industry.
Industry Median: 0.61
* Ranked among companies with meaningful Cash-to-Debt only.

Premier Veterinary Group Cash-to-Debt Historical Data

The historical data trend for Premier Veterinary Group'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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Premier Veterinary Group Cash-to-Debt Chart

Premier Veterinary Group Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Cash-to-Debt

Get a 7-Day Free Trial

0.16

1.39

No Debt

0.65

0.18

Premier Veterinary Group Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	0.65	0.44	0.18	0.10

Competitive Comparison of Premier Veterinary Group's Cash-to-Debt

For the Personal Services subindustry, Premier Veterinary Group'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.

Premier Veterinary Group's Cash-to-Debt Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Premier Veterinary Group's Cash-to-Debt distribution charts can be found below:

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

Premier Veterinary Group 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.

Premier Veterinary Group's Cash to Debt Ratio for the fiscal year that ended in Sep. 2019 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)
	=	0.686	/	(0	+	3.85)
	=	0.18

Premier Veterinary Group's Cash to Debt Ratio for the quarter that ended in Mar. 2020 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)
	=	0.459	/	(0	+	4.45)
	=	0.10

Premier Veterinary Group (AQSE:PVG.GB) 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.

Premier Veterinary Group Cash-to-Debt Related Terms

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Premier Veterinary Group (AQSE:PVG.GB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Premier Veterinary Group PLC (AQSE:PVG.GB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bond Street, New Bond House, Bristol, GBR, BS2 9AG

Website

http://www.premiervetgroup.co.uk

Premier Veterinary Group PLC is a non-medical service provides mainly to veterinary centers. The company business operates in the veterinary industry and mainly provides support services for day to day running of veterinary centers. The company business is organized into three geographical regions: Premier Pet Care Plan (PPCP) the United Kingdom, PPCP Europe (including the Republic of Ireland), and PPCP US. Most of its revenues are generated from the Premier Pet Care Plan - UK.

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