Mu Global Holding (Mu Global Holding) Cash-to-Debt : 0.00 (As of Jan. 2024)

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What is Mu Global Holding 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. Mu Global Holding's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.00.

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, Mu Global Holding couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

During the past 6 years, Mu Global Holding's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.03.

MUGH's Cash-to-Debt is not ranked ^*
in the Personal Services industry.
Industry Median: 0.58
* Ranked among companies with meaningful Cash-to-Debt only.

Mu Global Holding Cash-to-Debt Historical Data

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

Mu Global Holding Annual Data

Trend

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Cash-to-Debt

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No Debt

0.03

0.05

0.01

Mu Global Holding Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															0.02	0.01	0.01	0.01	-

Competitive Comparison of Mu Global Holding's Cash-to-Debt

For the Personal Services subindustry, Mu Global Holding'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.

Mu Global Holding's Cash-to-Debt Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Mu Global Holding's Cash-to-Debt distribution charts can be found below:

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

Mu Global Holding 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.

Mu Global Holding's Cash to Debt Ratio for the fiscal year that ended in Jul. 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)
	=	0.004	/	(0.176	+	0.208)
	=	0.01

Mu Global Holding's Cash to Debt Ratio for the quarter that ended in Jan. 2024 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)
	=	0.001	/	(0.202	+	0.229)
	=	0.00

Mu Global Holding (OTCPK:MUGH) 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.

Mu Global Holding Cash-to-Debt Related Terms

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Mu Global Holding (Mu Global Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Mu Global Holding Ltd (OTCPK:MUGH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 296, Xinyi Road, 7th Floor, Room No. 5, Section 4, Datong District, Taipei, TWN, 106427

Website

Mu Global Holding Ltd is a beauty and wellness company, providing SPA and wellness service and also Spa related products to the customers. The services provided are designed to improve the overall health system and body function. It operates in the Chinese market with three business models namely Tripartite co-operation and profit-sharing model (deployment of stone spa bed & franchise); Large-scale chain agent model (deployment of stone spa bed); and Direct- service store model. Its products portfolio includes NVB Scent Diffuser and Mini Water Purifier. Its services include Bedrock Bathing/ Hot Stone Bath and Quartz Therapy. The company has geographical segments in Nevada, Seychelles, HongKong and China, where majority of its revenue is eraned from HongKong.

Mu Global Holding (Mu Global Holding) Headlines

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