PayPoint (LSE:PAY) Cash-to-Debt : 1.28 (As of Sep. 2023)

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What is PayPoint 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. PayPoint's cash to debt ratio for the quarter that ended in Sep. 2023 was 1.28.

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, PayPoint could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

LSE:PAY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 5001.06 Max: No Debt
Current: 1.28

During the past 13 years, PayPoint's highest Cash to Debt Ratio was No Debt. The lowest was 0.09. And the median was 5001.06.

LSE:PAY's Cash-to-Debt is ranked worse than
61% of 2800 companies
in the Software industry
Industry Median: 2.45 vs LSE:PAY: 1.28

PayPoint Cash-to-Debt Historical Data

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

PayPoint Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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No Debt

0.82

0.12

0.47

0.78

PayPoint Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.16	0.47	0.09	0.78	1.28

Competitive Comparison of PayPoint's Cash-to-Debt

For the Software - Infrastructure subindustry, PayPoint'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.

PayPoint's Cash-to-Debt Distribution in the Software Industry

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

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

PayPoint 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.

PayPoint's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	78.451	/	(59.632	+	40.787)
	=	0.78

PayPoint's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	138.735	/	(68.07	+	40.687)
	=	1.28

PayPoint (LSE:PAY) 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.

PayPoint Cash-to-Debt Related Terms

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PayPoint (LSE:PAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » PayPoint PLC (LSE:PAY) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

PYPTF:USA PAYl:UK

Address

1 The Boulevard, Shire Park, Welwyn Garden City, Hertfordshire, GBR, AL7 1EL

Website

https://www.paypoint.com

PayPoint PLC is a United Kingdom-based company that provides consumer transaction services. The company's solutions help clients control household finances, essential payments, and in-store services. The company's operations involve processing high-volume transactions, managing retailers and clients, selling funds, and transmitting data. PayPoint's network covers convenience stores and numerous outlets, where clients can use the company's solutions to make energy meter prepayments, bill payments, benefit payments, mobile phone top-ups, cash withdrawals, and other services. The company generates the majority of its revenue from the UK.