Proen PCL (BKK:PROEN) Cash-to-Debt : 0.30 (As of Dec. 2023)

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What is Proen 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. Proen PCL's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.30.

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

BKK:PROEN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.2 Med: 0.41 Max: 1.55
Current: 0.3

During the past 5 years, Proen PCL's highest Cash to Debt Ratio was 1.55. The lowest was 0.20. And the median was 0.41.

BKK:PROEN's Cash-to-Debt is ranked worse than
53.39% of 384 companies
in the Telecommunication Services industry
Industry Median: 0.35 vs BKK:PROEN: 0.30

Proen PCL Cash-to-Debt Historical Data

The historical data trend for Proen 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.

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Proen PCL Cash-to-Debt Chart

Proen PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.20

0.41

1.55

0.97

0.30

Proen PCL Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial											0.97	0.45	0.43	0.20	0.30

Competitive Comparison of Proen PCL's Cash-to-Debt

For the Telecom Services subindustry, Proen 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.

Proen PCL's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Proen PCL's Cash-to-Debt distribution charts can be found below:

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

Proen 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.

Proen 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)
	=	227.205	/	(576.131	+	178.518)
	=	0.30

Proen 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)
	=	227.205	/	(576.131	+	178.518)
	=	0.30

Proen PCL (BKK:PROEN) 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.

Proen PCL Cash-to-Debt Related Terms

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Proen PCL (BKK:PROEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Proen Corp PCL (BKK:PROEN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Charoenkrung Road, 72 CAT Telecom Building, 4th, 18th Floor, Bangrak Sub-district, Bangrak District, Bangkok, THA, 10500

Website

https://www.proen.co.th

Proen Corp PCL is engaged in the business of IT equipment distributor, providing internet data center services and related services, providing internet security services, and construction. The Group has three segments which are comprised of IT equipment distribution, Internet data center, and related services and Construction of which key revenue is from the IT equipment segment. The Group operates in Thailand.

Proen PCL (BKK:PROEN) Headlines

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