Panamera Holdings (Panamera Holdings) Cash-to-Debt : 0.07 (As of Jan. 2024)

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What is Panamera 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. Panamera Holdings's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.07.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Panamera Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

PHCI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.09 Max: No Debt
Current: 0.07

During the past 9 years, Panamera Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.09.

PHCI's Cash-to-Debt is ranked worse than
86.1% of 662 companies
in the Healthcare Providers & Services industry
Industry Median: 0.69 vs PHCI: 0.07

Panamera Holdings Cash-to-Debt Historical Data

The historical data trend for Panamera 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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Panamera Holdings Cash-to-Debt Chart

Panamera Holdings Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Cash-to-Debt

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0.01

0.02

0.09

2.53

Panamera Holdings Quarterly Data
	Apr19	Jul19	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															0.09	0.02	2.53	1.32	0.07

Competitive Comparison of Panamera Holdings's Cash-to-Debt

For the Medical Care Facilities subindustry, Panamera 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.

Panamera Holdings's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Panamera Holdings's Cash-to-Debt distribution charts can be found below:

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

Panamera 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.

Panamera Holdings'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)
	=	0.119	/	(0.047	+	0)
	=	2.53

Panamera Holdings'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)
	=	0.001	/	(0.014	+	0)
	=	0.07

Panamera Holdings (OTCPK:PHCI) 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.

Panamera Holdings Cash-to-Debt Related Terms

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

Panamera Holdings (Panamera Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Panamera Holdings Corp (OTCPK:PHCI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

5051 Westheimer, Suite 1200, Houston, TX, USA, 77056

Website

https://www.panamerahealth.com

Panamera Holdings Corp, formerly Panamera Healthcare Corp is a development stage company helping clients navigate the complexities of a healthcare system in transition.

Executives

T Benjamin Jennings	director, 10 percent owner, officer: Chairman, CEO, President	2752 KINGS RETREAT CIRCLE, KINGWOOD TX 73025
Stanley F Wilson	director, officer: Secretary, General Counsel	6711 EAST CAMELBACK ROAD 17, SCOTTSDALE AZ 85251
Christopher Barakat	director	2752 KINGS RETREAT CIRCLE, KINGWOOD TX 77345
Ernest Joseph Diaz	director, 10 percent owner	2410 W. MEMORIAL RD, SUTIE C406, OKLAHOMA CITY OK 73134
Curtis Eugene Summers	director, 10 percent owner, officer: President	2410 W. MEMORIAL RD, SUITE C406, OKLAHOMA CITY OK 73134
Douglas Glenn Baker	director, officer: CFO, Secretary, Treasurer	2410 W. MEMORIAL RD, SUITE C406, OKLAHOMA CITY OK 73134

Panamera Holdings (Panamera Holdings) Headlines

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