Peregrine Industries (Peregrine Industries) Cash-to-Debt : 2.33 (As of Jan. 2024)

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What is Peregrine Industries 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. Peregrine Industries's cash to debt ratio for the quarter that ended in Jan. 2024 was 2.33.

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, Peregrine Industries could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

PGID' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 1.2 Max: No Debt
Current: 2.33

During the past 13 years, Peregrine Industries's highest Cash to Debt Ratio was No Debt. The lowest was 0.05. And the median was 1.20.

PGID's Cash-to-Debt is ranked better than
72.5% of 1858 companies
in the Consumer Packaged Goods industry
Industry Median: 0.52 vs PGID: 2.33

Peregrine Industries Cash-to-Debt Historical Data

The historical data trend for Peregrine Industries'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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Peregrine Industries Cash-to-Debt Chart

Peregrine Industries Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jul20

Jul21

Jul22

Jul23

Cash-to-Debt

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0.08

1.22

1.57

3.90

3.08

Peregrine Industries Quarterly Data
	Mar19	Jun19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															3.46	3.28	3.08	2.64	2.33

Competitive Comparison of Peregrine Industries's Cash-to-Debt

For the Household & Personal Products subindustry, Peregrine Industries'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.

Peregrine Industries's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Peregrine Industries's Cash-to-Debt distribution charts can be found below:

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

Peregrine Industries 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.

Peregrine Industries's Cash to Debt Ratio for the fiscal year that ended in Jul. 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)
	=	0.397	/	(0.016	+	0.113)
	=	3.08

Peregrine Industries's Cash to Debt Ratio for the quarter that ended in Jan. 2024 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)
	=	0.3	/	(0.009	+	0.12)
	=	2.33

Peregrine Industries (OTCPK:PGID) 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.

Peregrine Industries Cash-to-Debt Related Terms

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

Peregrine Industries (Peregrine Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Peregrine Industries Inc (OTCPK:PGID) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4525 West Reno Avenue, Suite A5, Las Vegas, NV, USA, 89118

Website

http://www.peregrineindustries.com.au

Peregrine Industries Inc is a shell company.

Executives

Yair Fudim	director, officer: CEO	7 JABOTINSKY STREET, RAMAT GAN L3 52520
Ofer Naveh	officer: CFO	7 JABOTINSKY STREET, RAMAT GAN L3 52520
Ivo Heiden	10 percent owner	2275 HUNTINGTON DRIVE, SUITE 851, SAN MARINO CA 91108
Richard J Rubin	director, 10 percent owner, officer: CEO, CFO and Chairman	90 JOHN STREET, SUITE 626, NEW YORK NY 10038
Craft Thomas J Jr	10 percent owner	11000 PROSPERITY FARMS ROAD, SUITE 101, PALM BEACH GARDENS FL 33401

Peregrine Industries (Peregrine Industries) Headlines

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