GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mountain & Co I Acquisition Corp (NAS:MCAA) » Definitions » Cash-to-Debt

Mountain I Acquisition (Mountain I Acquisition) Cash-to-Debt : 0.02 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Mountain I Acquisition 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. Mountain I Acquisition's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.02.

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, Mountain I Acquisition couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

MCAA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02   Med: 0.29   Max: 2.56
Current: 0.02

During the past 3 years, Mountain I Acquisition's highest Cash to Debt Ratio was 2.56. The lowest was 0.02. And the median was 0.29.

MCAA's Cash-to-Debt is ranked worse than
92.31% of 481 companies
in the Diversified Financial Services industry
Industry Median: 2.56 vs MCAA: 0.02

Mountain I Acquisition Cash-to-Debt Historical Data

The historical data trend for Mountain I Acquisition'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.

* Premium members only.

Mountain I Acquisition Cash-to-Debt Chart

Mountain I Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Cash-to-Debt
2.56 0.29 0.02

Mountain I Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.29 0.07 0.01 0.03 0.02

Competitive Comparison of Mountain I Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Mountain I Acquisition'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.

Mountain I Acquisition's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Mountain I Acquisition's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Mountain I Acquisition's Cash-to-Debt falls into.


Mountain I Acquisition 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.

Mountain I Acquisition's Cash to Debt Ratio for the fiscal year 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)
=0.069 / (3.778 + 0)
=0.02

Mountain I Acquisition'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)
=0.069 / (3.778 + 0)
=0.02

* 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.

Mountain I Acquisition  (NAS:MCAA) 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.

Mountain I Acquisition Cash-to-Debt Related Terms

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

Mountain I Acquisition (Mountain I Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mountain & Co I Acquisition Corp (NAS:MCAA) » Definitions » Cash-to-Debt
Comparable Companies
PPYA NFYS KVAC RCFA CFFS PHYT ISRL XPDB PRPC BRKH PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
4001 Kennett Pike, Suite 302, Wilmington, DE, USA, 19807
Website
Mountain & Co I Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Thomas Middelhoff officer: Chief Strategy Officer INVESTCORP INTERNATIONAL LTD, 48 GROSVENOR STREET, LONDON UNITED KINGDOM X0 00000
Wenzel Daniel S.c. officer: Chief Investment Officer ZINISTRASSE 11, Z?RICH V8 CH-8004
Boersch Cornelius director, 10 percent owner, officer: Chief Executive Officer BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Miles R Gilburne director BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Alexander Hornung officer: Chief Financial Officer BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Mountain & Co. I Sponsor Llc 10 percent owner UGLAND HOUSE, PO BOX 309, GRAND CAYMAN E9 KY1-1104
Winston Ma director BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Philipp Rosler director BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Utz Claassen director, officer: Chief Operating Officer BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102