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PJT Partners (PJT Partners) Cash-to-Debt : 1.08 (As of Dec. 2023)


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What is PJT Partners 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. PJT Partners's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.08.

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

PJT' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.06   Med: 2.64   Max: No Debt
Current: 1.08

During the past 12 years, PJT Partners's highest Cash to Debt Ratio was No Debt. The lowest was 1.06. And the median was 2.64.

PJT's Cash-to-Debt is ranked worse than
62.06% of 788 companies
in the Capital Markets industry
Industry Median: 1.9 vs PJT: 1.08

PJT Partners Cash-to-Debt Historical Data

The historical data trend for PJT Partners'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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PJT Partners Cash-to-Debt Chart

PJT Partners Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 1.74 1.28 1.28 1.08

PJT Partners Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 1.20 0.98 1.08 N/A

Competitive Comparison of PJT Partners's Cash-to-Debt

For the Capital Markets subindustry, PJT Partners'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.


PJT Partners's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, PJT Partners's Cash-to-Debt distribution charts can be found below:

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



PJT Partners 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.

PJT Partners's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

PJT Partners's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

* 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.


PJT Partners  (NYSE:PJT) 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.


PJT Partners Cash-to-Debt Related Terms

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PJT Partners (PJT Partners) Business Description

Traded in Other Exchanges
Address
280 Park Avenue, New York, NY, USA, 10017
PJT Partners Inc is an advisory-focused investment bank that offers a portfolio of advisory services designed to help its clients achieve their strategic objectives. The company delivers a range of strategic advisory, capital markets advisory, restructuring and special situations, and shareholder advisory services to corporations, financial sponsors, institutional investors, and governments around the world. It also provides private fund advisory and fundraising services for alternative investment strategies, including private equity, real estate, hedge funds, and private credit. The company generates its revenue from advisory fees, placement fees, and others. Geographically, It generates a majority of its revenue from the United States.
Executives
Ji-yeun Lee officer: Managing Partner C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
Helen T Meates officer: Chief Financial Officer C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
Kievdi Don Cornwell director C/O PJT PARTNERS INC., 280 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10017
Grace Reksten Skaugen director C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
David Adam Travin officer: General Counsel C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
James W Cuminale officer: General Counsel ONE PICKWICK PLAZA, GREENWICH CT 06830
Paul J Taubman director, officer: Chairman and CEO C/O MORGAN STANLEY, 1585 BROADWAY, NEW YORK NY 10036
Dennis S Hersch director 8000 WALTON PARKWAY, SUITE 100, NEW ALBANY OH 43054
James Costos director C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
Thomas M Ryan director ONE CVS DR, WOONSOCKET RI 02895
Kenneth C Whitney director C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
Emily K Rafferty director C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
Kathleen Skero officer: See Remarks THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings I/ii Gp L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Michael Chae officer: Chief Financial Officer 345 PARK AVENUE, NEW YORK NY 10154