Plava Laguna DD (ZAG:PLAG) Cash-to-Debt : 0.04 (As of Sep. 2023)

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What is Plava Laguna DD 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. Plava Laguna DD's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.04.

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, Plava Laguna DD couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

ZAG:PLAG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.48 Max: No Debt
Current: 0.04

During the past 13 years, Plava Laguna DD's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 0.48.

ZAG:PLAG's Cash-to-Debt is ranked worse than
90.9% of 824 companies
in the Travel & Leisure industry
Industry Median: 0.62 vs ZAG:PLAG: 0.04

Plava Laguna DD Cash-to-Debt Historical Data

The historical data trend for Plava Laguna DD'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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Plava Laguna DD Cash-to-Debt Chart

Plava Laguna DD Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.28

0.69

0.58

1.01

1.40

Plava Laguna DD 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															1.46	1.40	0.08	0.05	0.04

Competitive Comparison of Plava Laguna DD's Cash-to-Debt

For the Lodging subindustry, Plava Laguna DD'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.

Plava Laguna DD's Cash-to-Debt Distribution in the Travel & Leisure Industry

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

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

Plava Laguna DD 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.

Plava Laguna DD's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	149.047	/	(21.368	+	85.403)
	=	1.40

Plava Laguna DD'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)
	=	4.262	/	(11.544	+	85.487)
	=	0.04

Plava Laguna DD (ZAG:PLAG) 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.

Plava Laguna DD Cash-to-Debt Related Terms

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

Plava Laguna DD (ZAG:PLAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Plava Laguna DD (ZAG:PLAG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rade Koncara 12, Porec, Istria, HRV, HR-52440

Website

http://www.lagunaporec.com

Plava Laguna DD operates hotels, resorts and camping. The company is engaged in providing catering and tourism services. It has more than twenty hotels and four resorts.