Pan Asia Footwear PCL (BKK:PAF) Cash-to-Debt : 0.55 (As of Dec. 2023)

View and export this data going back to 1988. Start your Free Trial

What is Pan Asia Footwear PCL 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. Pan Asia Footwear PCL's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.55.

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, Pan Asia Footwear PCL 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 Pan Asia Footwear PCL's Cash-to-Debt or its related term are showing as below:

BKK:PAF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.28 Med: 0.54 Max: 1.46
Current: 0.55

During the past 13 years, Pan Asia Footwear PCL's highest Cash to Debt Ratio was 1.46. The lowest was 0.28. And the median was 0.54.

BKK:PAF's Cash-to-Debt is ranked better than
53.57% of 1036 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.475 vs BKK:PAF: 0.55

Pan Asia Footwear PCL Cash-to-Debt Historical Data

The historical data trend for Pan Asia Footwear PCL'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.

* Premium members only.

Pan Asia Footwear PCL Cash-to-Debt Chart

Pan Asia Footwear PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.63

0.39

0.36

1.46

0.55

Pan Asia Footwear PCL 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	Get a 7-Day Free Trial															1.46	0.69	1.22	0.88	0.55

Competitive Comparison of Pan Asia Footwear PCL's Cash-to-Debt

For the Footwear & Accessories subindustry, Pan Asia Footwear PCL'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.

Pan Asia Footwear PCL's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pan Asia Footwear PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Pan Asia Footwear PCL's Cash-to-Debt falls into.

Pan Asia Footwear PCL 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.

Pan Asia Footwear PCL'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)
	=	74.765	/	(41.141	+	94.117)
	=	0.55

Pan Asia Footwear PCL'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)
	=	74.765	/	(41.141	+	94.117)
	=	0.55

Pan Asia Footwear PCL (BKK:PAF) 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.

Pan Asia Footwear PCL Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Pan Asia Footwear PCL's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Pan Asia Footwear PCL (BKK:PAF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Pan Asia Footwear PCL (BKK:PAF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

620/5 Moo 11, Tambol Nongkharm, Aumphur Siracha, Chonburi, THA, 20230

Website

http://www.panasiafootwear.com

Pan Asia Footwear PCL is a Thailand-based company that operates in footwear and related accessories segments. The business activity of the group includes manufacturing, distribution, and exporting footwear products. Its segments are Manufacture and distribution of footwear and bag; Manufacture of soles and parts for footwear; Production support business; and Organic farming business and others. Geographically the activities of the group function through the region of Thailand. It derives a majority of the revenue from the manufacture and distribution of footwear and bag.