Pintec Technology Holdings (Pintec Technology Holdings) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Pintec Technology 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. Pintec Technology Holdings's cash to debt ratio for the quarter that ended in Jun. 2023 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, Pintec Technology Holdings could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

(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 Pintec Technology Holdings's Cash-to-Debt or its related term are showing as below:

PT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.58 Max: No Debt
Current: 0.04

During the past 7 years, Pintec Technology Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was 0.58.

PT's Cash-to-Debt is ranked worse than
78.69% of 502 companies
in the Credit Services industry
Industry Median: 0.215 vs PT: 0.04

Pintec Technology Holdings Cash-to-Debt Historical Data

The historical data trend for Pintec Technology 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.

* Premium members only.

Pintec Technology Holdings Cash-to-Debt Chart

Pintec Technology Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

0.51

0.24

0.74

0.58

0.74

Pintec Technology Holdings Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial									0.94	0.58	1.18	0.74	No Debt

Competitive Comparison of Pintec Technology Holdings's Cash-to-Debt

For the Credit Services subindustry, Pintec Technology 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.

Pintec Technology Holdings's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Pintec Technology Holdings's Cash-to-Debt distribution charts can be found below:

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

Pintec Technology 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.

Pintec Technology Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	36.893	/	(16.208	+	33.959)
	=	0.74

Pintec Technology Holdings's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

Pintec Technology Holdings had no debt ⁽¹⁾.

Pintec Technology Holdings (NAS:PT) 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.

Pintec Technology Holdings Cash-to-Debt Related Terms

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

Pintec Technology Holdings (Pintec Technology Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Pintec Technology Holdings Ltd (NAS:PT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 109 Yard Tianjizhigu, 3rd Floor, No. 11 Building, Jinghai 3rd Street, BDA, Beijing, CHN, 101111

Website

https://www.pintec.com

Pintec Technology Holdings Ltd is a technology platform that provides financial services in China in terms of loan volume facilitated. The company connects business partners and financial partners on its open platform and enables them to provide financial services to end-users. Its products include installment loans, personal loans, wealth management, insurance brokerage, SME loans, and others. The company generates its revenue from technical service fees also by providing financing for these borrowers and earn installment service fees, They earn wealth management services fees and commission on financial products.