Pershing Square Tontine Holdings (Pershing Square Tontine Holdings) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2022)

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What is Pershing Square Tontine 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. Pershing Square Tontine Holdings's cash to debt ratio for the quarter that ended in Mar. 2022 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, Pershing Square Tontine Holdings could pay off its debt using the cash in hand for the quarter that ended in Mar. 2022.

(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 Pershing Square Tontine Holdings's Cash-to-Debt or its related term are showing as below:

PSTH's Cash-to-Debt is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 2.43
* Ranked among companies with meaningful Cash-to-Debt only.

Pershing Square Tontine Holdings Cash-to-Debt Historical Data

The historical data trend for Pershing Square Tontine 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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Pershing Square Tontine Holdings Cash-to-Debt Chart

Pershing Square Tontine Holdings Annual Data

Trend

Dec20

Dec21

Cash-to-Debt

No Debt

Pershing Square Tontine Holdings Quarterly Data
	Apr20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Pershing Square Tontine Holdings's Cash-to-Debt

For the Shell Companies subindustry, Pershing Square Tontine 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.

Pershing Square Tontine Holdings's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Pershing Square Tontine Holdings's Cash-to-Debt distribution charts can be found below:

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

Pershing Square Tontine 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.

Pershing Square Tontine Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Pershing Square Tontine Holdings had no debt ⁽¹⁾.

Pershing Square Tontine Holdings's Cash to Debt Ratio for the quarter that ended in Mar. 2022 is calculated as:

Pershing Square Tontine Holdings had no debt ⁽¹⁾.

Pershing Square Tontine Holdings (NYSE:PSTH) 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.

Pershing Square Tontine Holdings Cash-to-Debt Related Terms

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Pershing Square Tontine Holdings (Pershing Square Tontine Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pershing Square Tontine Holdings Ltd (NYSE:PSTH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

787 Eleventh Avenue, 9th Floor, New York, NY, USA, 10019

Website

Pershing Square Tontine Holdings Ltd is a blank check company.

Executives

Michael Gonnella	officer: Chief Financial Officer	787 ELEVENTH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Lisa Gersh	director	C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
William A Ackman	director, 10 percent owner, officer: Chief Executive Officer	787 - 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Ps Management Gp, Llc	10 percent owner	787 - 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Pershing Square Capital Management, L.p.	10 percent owner	787 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Joseph S Steinberg	director	C/O LEUCADIA NATIONAL CORP, 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Jacqueline D Reses	director	C/O SQUARE, INC., 1455 MARKET STREET #600, SAN FRANCISCO CA 94103
Michael S Ovitz	director	355 SOUTH GRAND, #1710, LOS ANGELES CA 90071
Steve Milankov	officer: Corporate Secretary	101 WEST 24TH STREET, APT. 30D, NEW YORK NY 10010
Ben Hakim	officer: Chief Financial Officer	170 E. 77TH STREET, APT. 5A, NEW YORK NY 10075