The Practical Solution PCL (BKK:TPS) Cash-to-Debt : 3.77 (As of Mar. 2024)

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What is The Practical Solution 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. The Practical Solution PCL's cash to debt ratio for the quarter that ended in Mar. 2024 was 3.77.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, The Practical Solution PCL could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for The Practical Solution PCL's Cash-to-Debt or its related term are showing as below:

BKK:TPS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.46 Med: 3.62 Max: 12.83
Current: 3.77

During the past 8 years, The Practical Solution PCL's highest Cash to Debt Ratio was 12.83. The lowest was 0.46. And the median was 3.62.

BKK:TPS's Cash-to-Debt is ranked better than
67.44% of 2374 companies
in the Hardware industry
Industry Median: 1.34 vs BKK:TPS: 3.77

The Practical Solution PCL Cash-to-Debt Historical Data

The historical data trend for The Practical Solution 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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The Practical Solution PCL Cash-to-Debt Chart

The Practical Solution PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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5.02

12.83

12.66

0.46

1.01

The Practical Solution PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															1.67	1.02	1.98	1.01	3.77

Competitive Comparison of The Practical Solution PCL's Cash-to-Debt

For the Communication Equipment subindustry, The Practical Solution 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.

The Practical Solution PCL's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, The Practical Solution PCL's Cash-to-Debt distribution charts can be found below:

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

The Practical Solution 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.

The Practical Solution 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)
	=	56.171	/	(20.361	+	35.365)
	=	1.01

The Practical Solution PCL's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	199.967	/	(20.37	+	32.727)
	=	3.77

The Practical Solution PCL (BKK:TPS) 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.

The Practical Solution PCL Cash-to-Debt Related Terms

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

The Practical Solution PCL (BKK:TPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » The Practical Solution PCL (BKK:TPS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rachadapisek Road, 99 Cement Thai Alley, Lat Yao, Chatuchak, Bangkok, THA, 10900

Website

https://www.thepractical.co.th

The Practical Solution PCL is engaged in the distribution and installation of computer network systems, fully integrated communication systems, wireless communication systems, network security systems, data center solution and management systems and network system management including to provide maintenance services related to such systems. The firm operates in the segments of Sales including installment, and Others. It also provides after-sales service and system maintenance and other information technology services. Its products and services include Cisco, Paloalto, Netapp, Fortinet, system installation and maintenance. The company operates its business in Thailand.

The Practical Solution PCL (BKK:TPS) Headlines

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