Pluxee NV (XPAR:PLX) Cash-to-Debt : 1.52 (As of Feb. 2024)

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What is Pluxee NV 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. Pluxee NV's cash to debt ratio for the quarter that ended in Feb. 2024 was 1.52.

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, Pluxee NV could pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

XPAR:PLX' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.52 Med: 2.47 Max: 4.66
Current: 1.52

During the past 3 years, Pluxee NV's highest Cash to Debt Ratio was 4.66. The lowest was 1.52. And the median was 2.47.

XPAR:PLX's Cash-to-Debt is ranked better than
56.69% of 1062 companies
in the Business Services industry
Industry Median: 1 vs XPAR:PLX: 1.52

Pluxee NV Cash-to-Debt Historical Data

The historical data trend for Pluxee NV'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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Pluxee NV Cash-to-Debt Chart

Pluxee NV Annual Data

Trend

Aug21

Aug22

Aug23

Cash-to-Debt

4.66

3.27

1.66

Pluxee NV Quarterly Data
	Aug21	Aug22	Feb23	Aug23	Feb24
Cash-to-Debt	4.66	3.27	N/A	1.66	1.52

Competitive Comparison of Pluxee NV's Cash-to-Debt

For the Specialty Business Services subindustry, Pluxee NV'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.

Pluxee NV's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Pluxee NV's Cash-to-Debt distribution charts can be found below:

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

Pluxee NV 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.

Pluxee NV's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	2167	/	(1259	+	49)
	=	1.66

Pluxee NV's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	1799	/	(1116	+	71)
	=	1.52

Pluxee NV (XPAR:PLX) 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.

Pluxee NV Cash-to-Debt Related Terms

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Pluxee NV (XPAR:PLX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Pluxee NV (XPAR:PLX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

RV1:Germany

Address

255 Quai de la Bataille de Stalingrad, Issy-les-Moulineaux, Paris, FRA, 92130

Website

https://www.pluxeegroup.com

Pluxee is a company providing employee benefits and engagement. It offers products and services focused on their real daily needs from meal orders to expense reports and well-being.