Petmin (LSE:PTMN) Cash-to-Debt : 0.52 (As of Dec. 2016)

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What is Petmin 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. Petmin's cash to debt ratio for the quarter that ended in Dec. 2016 was 0.52.

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, Petmin couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2016.

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

LSE:PTMN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.52 Max: 5.46
Current: 0.52

During the past 12 years, Petmin's highest Cash to Debt Ratio was 5.46. The lowest was 0.00. And the median was 0.52.

LSE:PTMN's Cash-to-Debt is not ranked
in the Metals & Mining industry.
Industry Median: 18.42 vs LSE:PTMN: 0.52

Petmin Cash-to-Debt Historical Data

The historical data trend for Petmin'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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Petmin Cash-to-Debt Chart

Petmin Annual Data

Trend

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Cash-to-Debt

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0.01

0.22

0.94

0.72

Petmin Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16
Cash-to-Debt	Get a 7-Day Free Trial										0.13	0.94	0.62	0.72	0.52

Competitive Comparison of Petmin's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Petmin'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.

Petmin's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Petmin 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.

Petmin's Cash to Debt Ratio for the fiscal year that ended in Jun. 2016 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)
	=	9.578	/	(0.655	+	12.63)
	=	0.72

Petmin's Cash to Debt Ratio for the quarter that ended in Dec. 2016 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)
	=	8.202	/	(0.203	+	15.629)
	=	0.52

Petmin (LSE:PTMN) 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.

Petmin Cash-to-Debt Related Terms

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Petmin (LSE:PTMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Petmin Ltd (LSE:PTMN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.petmin.co.za

Petmin Ltd is a mineral exploration company mining & producing, iron ore,metallurgical anthracite and energy coal and pig iron. It is geographically diversiï¬ed with mining operations in South Africa, an industrial project in North America, and exploration projects in Liberia and Turkey. It is South Africa's producer of metallurgical anthracite, and is developing a high-potential iron sands to pig iron project in Canada. The Company is also engaged on commodities that support the steel value chain and are required for urbanisation and infrastructure growth.