Acesite Phils Hotel (PHS:ACE) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

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What is Acesite Phils Hotel 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. Acesite Phils Hotel's cash to debt ratio for the quarter that ended in Sep. 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, Acesite Phils Hotel could pay off its debt using the cash in hand for the quarter that ended in Sep. 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 Acesite Phils Hotel's Cash-to-Debt or its related term are showing as below:

PHS:ACE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Acesite Phils Hotel's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was No Debt.

PHS:ACE's Cash-to-Debt is ranked better than
99.88% of 823 companies
in the Travel & Leisure industry
Industry Median: 0.6 vs PHS:ACE: No Debt

Acesite Phils Hotel Cash-to-Debt Historical Data

The historical data trend for Acesite Phils Hotel'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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Acesite Phils Hotel Cash-to-Debt Chart

Acesite Phils Hotel Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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No Debt

Acesite Phils Hotel Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Acesite Phils Hotel's Cash-to-Debt

For the Lodging subindustry, Acesite Phils Hotel'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.

Acesite Phils Hotel's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Acesite Phils Hotel's Cash-to-Debt distribution charts can be found below:

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

Acesite Phils Hotel 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.

Acesite Phils Hotel's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Acesite Phils Hotel had no debt ⁽¹⁾.

Acesite Phils Hotel's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Acesite Phils Hotel had no debt ⁽¹⁾.

Acesite Phils Hotel (PHS:ACE) 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.

Acesite Phils Hotel Cash-to-Debt Related Terms

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

Acesite Phils Hotel (PHS:ACE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Acesite Phils Hotel Corp (PHS:ACE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

United Nations Avenue corner Maria Orosa Street, 8th Floor, Waterfront Manila Hotel and Casino, Ermita, Manila, PHL, 1000

Website

https://www.waterfronthotels.com.ph

Acesite Phils Hotel Corp operates in hotel and restaurant management operations. The Company is engaged in the business of operating a hotel or other accommodations for the general public. The company offers various categories of rooms, deluxe rooms, executive rooms and suites, and ambassador club rooms. The other guest services and facilities include a chapel, swimming pool, gym, business center, and valet-service basement carpark.

Acesite Phils Hotel (PHS:ACE) Headlines

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Acesite Phils Hotel (PHS:ACE) Cash-to-Debt : No Debt (1) (As of Sep. 2023)