Pakistan Stock Exchange (KAR:PSX) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Pakistan Stock Exchange 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. Pakistan Stock Exchange's cash to debt ratio for the quarter that ended in Mar. 2024 was No Debt ⁽¹⁾.

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, Pakistan Stock Exchange could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(1) 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.

The historical rank and industry rank for Pakistan Stock Exchange's Cash-to-Debt or its related term are showing as below:

KAR:PSX' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Pakistan Stock Exchange's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

KAR:PSX's Cash-to-Debt is ranked better than
99.37% of 792 companies
in the Capital Markets industry
Industry Median: 1.87 vs KAR:PSX: No Debt

Pakistan Stock Exchange Cash-to-Debt Historical Data

The historical data trend for Pakistan Stock Exchange'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.

Pakistan Stock Exchange Cash-to-Debt Chart

Pakistan Stock Exchange Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

Pakistan Stock Exchange 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															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Pakistan Stock Exchange's Cash-to-Debt

For the Financial Data & Stock Exchanges subindustry, Pakistan Stock Exchange'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.

Pakistan Stock Exchange's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Pakistan Stock Exchange's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Pakistan Stock Exchange's Cash-to-Debt falls into.

Pakistan Stock Exchange 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.

Pakistan Stock Exchange's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Pakistan Stock Exchange had no debt ⁽¹⁾.

Pakistan Stock Exchange's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Pakistan Stock Exchange had no debt ⁽¹⁾.

Pakistan Stock Exchange (KAR:PSX) 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.

Pakistan Stock Exchange Cash-to-Debt Related Terms

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

Pakistan Stock Exchange (KAR:PSX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Pakistan Stock Exchange Ltd (KAR:PSX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Stock Exchange Road, Stock Exchange Building, Karachi, SD, PAK, 74000

Website

https://www.psx.com.pk

Pakistan Stock Exchange Ltd is engaged in conducting, regulating and controlling the trade or business of purchasing, selling and trading in debentures stock, government papers, shares, scrips, stocks, bonds, loans, and any other instruments and securities. The products of the company involve Equity Segments, known as Ready Market (T+2), Bills & Bonds (for trading in government debt securities & corporate debt), Futures Counter, Deliverable Futures Contracts, Stock Index Futures, Negotiated Deal Market, REIT, Exchange Traded Funds and GEM Board.