Net Pacific Financial Holdings (SGX:5QY) Cash-to-Debt : 23.23 (As of Dec. 2023)

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What is Net Pacific Financial Holdings 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. Net Pacific Financial Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 23.23.

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, Net Pacific Financial Holdings 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 Net Pacific Financial Holdings's Cash-to-Debt or its related term are showing as below:

SGX:5QY' s Cash-to-Debt Range Over the Past 10 Years
Min: 23.23 Med: No Debt Max: No Debt
Current: 23.23

During the past 13 years, Net Pacific Financial Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 23.23. And the median was No Debt.

SGX:5QY's Cash-to-Debt is ranked better than
91.16% of 1426 companies
in the Banks industry
Industry Median: 1.29 vs SGX:5QY: 23.23

Net Pacific Financial Holdings Cash-to-Debt Historical Data

The historical data trend for Net Pacific Financial Holdings'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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Net Pacific Financial Holdings Cash-to-Debt Chart

Net Pacific Financial Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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139.49

224.03

1,191.33

No Debt

23.23

Net Pacific Financial Holdings Quarterly Data
	Dec17	Jun18	Dec18	Jun19	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															No Debt	No Debt	No Debt	No Debt	23.23

Competitive Comparison of Net Pacific Financial Holdings's Cash-to-Debt

For the Mortgage Finance subindustry, Net Pacific Financial Holdings'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.

Net Pacific Financial Holdings's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Net Pacific Financial Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Net Pacific Financial Holdings's Cash-to-Debt falls into.

Net Pacific Financial Holdings 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.

Net Pacific Financial Holdings'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)
	=	8.059	/	(0.091	+	0.256)
	=	23.22

Net Pacific Financial Holdings'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)
	=	8.059	/	(0.091	+	0.256)
	=	23.22

Net Pacific Financial Holdings (SGX:5QY) 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.

Net Pacific Financial Holdings Cash-to-Debt Related Terms

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

Net Pacific Financial Holdings (SGX:5QY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Net Pacific Financial Holdings Ltd (SGX:5QY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 Selegie Road, No.10-25, Singapore, SGP, 188307

Website

https://www.netpac.com.sg

Net Pacific Financial Holdings Ltd is engaged in providing financing services. It provides financing services to small and medium-sized companies in the People's Republic of China, Hong Kong Special Administrative Region, Australia, and beyond. The operating segments of the group are the Financing business which generates the majority of the revenue and the Investment segment. The group provides financial services in the financing business segment which includes the provision of working capital financing, asset-backed loans, mezzanine loans, and investments in growth-oriented companies. The investment segment is the business of investing in short-term financial instruments using cash on hand pending further loan disbursement or investment opportunities under the financing business.

Net Pacific Financial Holdings (SGX:5QY) Headlines

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