Readyplanet PCL (BKK:READY) Cash-to-Debt : 31.61 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Readyplanet PCL 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. Readyplanet PCL's cash to debt ratio for the quarter that ended in Dec. 2023 was 31.61.

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, Readyplanet PCL 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 Readyplanet PCL's Cash-to-Debt or its related term are showing as below:

BKK:READY' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.63 Med: 7.58 Max: 31.61
Current: 31.61

During the past 4 years, Readyplanet PCL's highest Cash to Debt Ratio was 31.61. The lowest was 4.63. And the median was 7.58.

BKK:READY's Cash-to-Debt is ranked better than
78.5% of 2800 companies
in the Software industry
Industry Median: 2.45 vs BKK:READY: 31.61

Readyplanet PCL Cash-to-Debt Historical Data

The historical data trend for Readyplanet PCL'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.

Readyplanet PCL Cash-to-Debt Chart

Readyplanet PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

4.63

4.89

10.27

31.61

Readyplanet PCL Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial						10.27	27.10	28.57	30.02	31.61

Competitive Comparison of Readyplanet PCL's Cash-to-Debt

For the Software - Infrastructure subindustry, Readyplanet PCL'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.

Readyplanet PCL's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Readyplanet PCL's Cash-to-Debt distribution charts can be found below:

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

Readyplanet PCL 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.

Readyplanet PCL'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)
	=	203.183	/	(1.604	+	4.824)
	=	31.61

Readyplanet PCL'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)
	=	203.183	/	(1.604	+	4.824)
	=	31.61

Readyplanet PCL (BKK:READY) 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.

Readyplanet PCL Cash-to-Debt Related Terms

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

Readyplanet PCL (BKK:READY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Readyplanet PCL (BKK:READY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rama 9 Road, 51 Major Tower Rama 9 - Ramkumhang 17th Floor, Unit 1701 - 1706, Huamak, Bangkapi, Bangkok, THA, 10240

Website

https://www.readyplanet.com

Readyplanet PCL is Thailand based company. The company is engaged in providing All-in-One Sales and Marketing Platform which is covered website, online advertising and customer relationship management systems. The Group comprises of the following segments namely Self Services and Managed Services.

Readyplanet PCL (BKK:READY) Headlines

No Headlines