PanAsialum Holdings Co (HKSE:02078) Cash-to-Debt : 1.06 (As of Dec. 2023)

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What is PanAsialum Holdings Co 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. PanAsialum Holdings Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.06.

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, PanAsialum Holdings Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HKSE:02078' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 1.06
Current: 1.06

During the past 9 years, PanAsialum Holdings Co's highest Cash to Debt Ratio was 1.06. The lowest was 0.01. And the median was 0.03.

HKSE:02078's Cash-to-Debt is ranked worse than
67.5% of 2652 companies
in the Metals & Mining industry
Industry Median: 17.605 vs HKSE:02078: 1.06

PanAsialum Holdings Co Cash-to-Debt Historical Data

The historical data trend for PanAsialum Holdings Co'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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PanAsialum Holdings Co Cash-to-Debt Chart

PanAsialum Holdings Co Annual Data

Trend

Sep12

Sep13

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.01

0.11

0.18

1.06

PanAsialum Holdings Co Semi-Annual Data
	Mar12	Sep12	Mar13	Sep13	Mar14	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial														0.11	0.25	0.18	0.90	1.06

Competitive Comparison of PanAsialum Holdings Co's Cash-to-Debt

For the Aluminum subindustry, PanAsialum Holdings Co'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.

PanAsialum Holdings Co's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PanAsialum Holdings Co's Cash-to-Debt distribution charts can be found below:

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

PanAsialum Holdings Co 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.

PanAsialum Holdings Co'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)
	=	226.239	/	(147.174	+	66.263)
	=	1.06

PanAsialum Holdings Co'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)
	=	226.239	/	(147.174	+	66.263)
	=	1.06

PanAsialum Holdings Co (HKSE:02078) 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.

PanAsialum Holdings Co Cash-to-Debt Related Terms

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PanAsialum Holdings Co (HKSE:02078) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PanAsialum Holdings Co Ltd (HKSE:02078) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

57 Hung To Road, Unit 05, 17th Floor, Nanyang Plaza, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.palum.com

PanAsialum Holdings Co Ltd is an Investment holding company engaged in the manufacture and sale of aluminum products. Its products include the Radiator series, Solar frame series, Motor car skirt board and auto parts, Electronic product accessories series, Railing series, and Door and Window series. Its segment includes the manufacture and trading of aluminum products and, investment properties. It generates the majority of its revenue from aluminum products. Geographically, it derives the majority revenue from the PRC and also has an operation in Australia, North America, Hong Kong, and Other countries.

Executives

Genesis Trust & Corporate Services Ltd.	2301 Trustee
Pan Zhaolong	2501 Other

PanAsialum Holdings Co (HKSE:02078) Headlines

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