Compagnie du Mont-Blanc (XPAR:MLCMB) Cash-to-Debt : 0.92 (As of May. 2023)

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What is Compagnie du Mont-Blanc 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. Compagnie du Mont-Blanc's cash to debt ratio for the quarter that ended in May. 2023 was 0.92.

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, Compagnie du Mont-Blanc couldn't pay off its debt using the cash in hand for the quarter that ended in May. 2023.

The historical rank and industry rank for Compagnie du Mont-Blanc's Cash-to-Debt or its related term are showing as below:

XPAR:MLCMB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.27 Med: 0.44 Max: 0.97
Current: 0.92

During the past 13 years, Compagnie du Mont-Blanc's highest Cash to Debt Ratio was 0.97. The lowest was 0.27. And the median was 0.44.

XPAR:MLCMB's Cash-to-Debt is ranked better than
57.88% of 819 companies
in the Travel & Leisure industry
Industry Median: 0.58 vs XPAR:MLCMB: 0.92

Compagnie du Mont-Blanc Cash-to-Debt Historical Data

The historical data trend for Compagnie du Mont-Blanc'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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Compagnie du Mont-Blanc Cash-to-Debt Chart

Compagnie du Mont-Blanc Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Cash-to-Debt

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0.42

0.52

0.76

0.97

0.92

Compagnie du Mont-Blanc Semi-Annual Data
	May07	May08	May09	May10	May11	May12	May13	May14	May15	May16	May17	May18	May19	May20	May21	May22	May23
Cash-to-Debt	Get a 7-Day Free Trial												0.42	0.52	0.76	0.97	0.92

Competitive Comparison of Compagnie du Mont-Blanc's Cash-to-Debt

For the Leisure subindustry, Compagnie du Mont-Blanc'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.

Compagnie du Mont-Blanc's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Compagnie du Mont-Blanc's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Compagnie du Mont-Blanc's Cash-to-Debt falls into.

Compagnie du Mont-Blanc 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.

Compagnie du Mont-Blanc's Cash to Debt Ratio for the fiscal year that ended in May. 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)
	=	156.287	/	(13.188	+	156.425)
	=	0.92

Compagnie du Mont-Blanc's Cash to Debt Ratio for the quarter that ended in May. 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)
	=	156.287	/	(13.188	+	156.425)
	=	0.92

Compagnie du Mont-Blanc (XPAR:MLCMB) 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.

Compagnie du Mont-Blanc Cash-to-Debt Related Terms

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Compagnie du Mont-Blanc (XPAR:MLCMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Compagnie du Mont-Blanc (XPAR:MLCMB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 place de la Mer de Glace, Chamonix, FRA, 74400

Website

http://www.compagniedumontblanc.fr

Compagnie du Mont-Blanc operates as a ski lift company in France. The company is involved in serving and providing transportation in the mountains by ski lifts, chairlifts, gondolas, cable cars, and cog railways.

Compagnie du Mont-Blanc (XPAR:MLCMB) Headlines

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