Marshall Monteagle (JSE:MMP) Cash-to-Debt : 1.82 (As of Sep. 2023)

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What is Marshall Monteagle 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. Marshall Monteagle's cash to debt ratio for the quarter that ended in Sep. 2023 was 1.82.

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, Marshall Monteagle could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

JSE:MMP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.67 Med: 1.63 Max: No Debt
Current: 1.82

During the past 13 years, Marshall Monteagle's highest Cash to Debt Ratio was No Debt. The lowest was 0.67. And the median was 1.63.

JSE:MMP's Cash-to-Debt is ranked better than
69.29% of 140 companies
in the Industrial Distribution industry
Industry Median: 0.57 vs JSE:MMP: 1.82

Marshall Monteagle Cash-to-Debt Historical Data

The historical data trend for Marshall Monteagle'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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Marshall Monteagle Cash-to-Debt Chart

Marshall Monteagle Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

1.03

0.67

1.10

1.44

1.34

Marshall Monteagle Semi-Annual Data
	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															1.44	2.44	1.45	1.34	1.82

Competitive Comparison of Marshall Monteagle's Cash-to-Debt

For the Industrial Distribution subindustry, Marshall Monteagle'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.

Marshall Monteagle's Cash-to-Debt Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Marshall Monteagle's Cash-to-Debt distribution charts can be found below:

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

Marshall Monteagle 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.

Marshall Monteagle's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	424.077	/	(198.645	+	117.336)
	=	1.34

Marshall Monteagle'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)
	=	428.321	/	(114.837	+	121.21)
	=	1.81

Marshall Monteagle (JSE:MMP) 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.

Marshall Monteagle Cash-to-Debt Related Terms

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Marshall Monteagle (JSE:MMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Marshall Monteagle PLC (JSE:MMP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

66-72 Esplanade, 2nd Floor, Gaspe House, Saint Helier, JEY, JE1 1GH

Website

https://www.monteaglegroup.com

Marshall Monteagle PLC operates trading businesses involved in the importation and distribution of hand tools, machinery and non-perishable food products, coffee roasting, importing and exporting and trading in metals and minerals. It is also involved in the property business. The company generates the majority of its revenue from the Import and distribution segment, which is engaged in Trade in non-perishable products, such as food, food ingredients, household consumer products, metal and minerals, manufacturing inputs, and tools; primarily imports to South Africa and Latin America, and exports from South Africa.