RMA Global (ASX:RMY) Cash-to-Debt : 4.42 (As of Dec. 2023)

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What is RMA Global 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. RMA Global's cash to debt ratio for the quarter that ended in Dec. 2023 was 4.42.

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

ASX:RMY' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.18 Med: 6.54 Max: No Debt
Current: 4.42

During the past 6 years, RMA Global's highest Cash to Debt Ratio was No Debt. The lowest was 4.18. And the median was 6.54.

ASX:RMY's Cash-to-Debt is ranked worse than
51.11% of 587 companies
in the Interactive Media industry
Industry Median: 4.63 vs ASX:RMY: 4.42

RMA Global Cash-to-Debt Historical Data

The historical data trend for RMA Global'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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RMA Global Cash-to-Debt Chart

RMA Global Annual Data

Trend

Dec17

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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38.08

6.54

6.88

4.18

6.42

RMA Global Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial						5.30	4.18	4.62	6.42	4.42

Competitive Comparison of RMA Global's Cash-to-Debt

For the Internet Content & Information subindustry, RMA Global'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.

RMA Global's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, RMA Global's Cash-to-Debt distribution charts can be found below:

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

RMA Global 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.

RMA Global's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	6.518	/	(0.275	+	0.74)
	=	6.42

RMA Global's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	3.998	/	(0.236	+	0.668)
	=	4.42

RMA Global (ASX:RMY) 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.

RMA Global Cash-to-Debt Related Terms

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

RMA Global (ASX:RMY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » RMA Global Ltd (ASX:RMY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

112?114 Balmain Street, Cremorne, Melbourne, VIC, AUS, 3121

Website

https://www.rma-global.com

RMA Global Ltd is an Australia based company. The company is engaged in the online digital marketing business. It provides data on a residential property sale. The company generates revenue from Subscription and Promoter. Geographically, it has a presence in the USA, Australia, and New Zealand. It derives a majority of revenue from Australia.

RMA Global (ASX:RMY) Headlines

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