Marley Spoon SE (ASX:MMM) Cash-to-Debt : 0.10 (As of Dec. 2023)

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What is Marley Spoon SE 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. Marley Spoon SE's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.10.

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, Marley Spoon SE 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 Marley Spoon SE's Cash-to-Debt or its related term are showing as below:

ASX:MMM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.46 Max: 5.54
Current: 0.1

During the past 7 years, Marley Spoon SE's highest Cash to Debt Ratio was 5.54. The lowest was 0.10. And the median was 0.46.

ASX:MMM's Cash-to-Debt is ranked worse than
76.32% of 342 companies
in the Restaurants industry
Industry Median: 0.405 vs ASX:MMM: 0.10

Marley Spoon SE Cash-to-Debt Historical Data

The historical data trend for Marley Spoon SE'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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Marley Spoon SE Cash-to-Debt Chart

Marley Spoon SE Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.11

1.06

0.46

0.18

0.10

Marley Spoon SE Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial						0.46	0.30	0.18	0.36	0.10

Competitive Comparison of Marley Spoon SE's Cash-to-Debt

For the Restaurants subindustry, Marley Spoon SE'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.

Marley Spoon SE's Cash-to-Debt Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Marley Spoon SE's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Marley Spoon SE's Cash-to-Debt falls into.

Marley Spoon SE 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.

Marley Spoon SE'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)
	=	17.689	/	(23.751	+	156.847)
	=	0.10

Marley Spoon SE'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)
	=	17.689	/	(23.751	+	156.847)
	=	0.10

Marley Spoon SE (ASX:MMM) 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.

Marley Spoon SE Cash-to-Debt Related Terms

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Marley Spoon SE (ASX:MMM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Marley Spoon SE (ASX:MMM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

7M6A:Germany

Address

Paul-Lincke-Ufer 39/40, Berlin, DEU, 10999

Website

https://www.marleyspoon.de

Marley Spoon SE is a German-based company is engaged in the food business. It prepares recipes for various country cuisines for vegetarians, meat lovers, and friends of fish dishes. The company uses paper-based packaging tapes, reusable cooling pads and regenerative sheep wool as an insulating material. It provides meal kit solutions on a weekly basis to customers across countries. The company's geographical segments are the USA, Australia and Europe. It derives a majority of revenue from the USA.