Markforged Holding (Markforged Holding) Cash-to-Debt : 2.71 (As of Dec. 2023)

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What is Markforged 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. Markforged Holding's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.71.

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, Markforged Holding could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

MKFG' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.71 Med: 7.57 Max: No Debt
Current: 2.71

During the past 4 years, Markforged Holding's highest Cash to Debt Ratio was No Debt. The lowest was 2.71. And the median was 7.57.

MKFG's Cash-to-Debt is ranked better than
63.14% of 2469 companies
in the Hardware industry
Industry Median: 1.35 vs MKFG: 2.71

Markforged Holding Cash-to-Debt Historical Data

The historical data trend for Markforged 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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Markforged Holding Cash-to-Debt Chart

Markforged Holding Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

11.69

No Debt

3.45

2.71

Markforged Holding Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial									3.45	3.20	2.96	2.82	2.71

Competitive Comparison of Markforged Holding's Cash-to-Debt

For the Computer Hardware subindustry, Markforged 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.

Markforged Holding's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Markforged Holding's Cash-to-Debt distribution charts can be found below:

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

Markforged 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.

Markforged Holding'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)
	=	116.854	/	(7.368	+	35.771)
	=	2.71

Markforged Holding'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)
	=	116.854	/	(7.368	+	35.771)
	=	2.71

Markforged Holding (NYSE:MKFG) 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.

Markforged Holding Cash-to-Debt Related Terms

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Markforged Holding (Markforged Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Markforged Holding Corp (NYSE:MKFG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

480 Pleasant Street, Watertown, MA, USA, 02472

Website

https://www.markforged.com

Markforged Holding Corp transforms manufacturing with 3D metal and continuous carbon fiber printers capable of producing parts tough enough for the factory floor. The Markforged Digital Forge brings the power and speed of agile software development to industrial manufacturing, combining hardware, software, and materials to eliminate the barriers between design and functional parts. The company's geographical segments include the Americas; Europe, the Middle East, Africa; and Asia-Pacific.

Executives

Aaron Vandevender	director	1 TOWER PLACE, SUITE 850, SOUTH SAN FRANCISCO CA 94080
Assaf Zipori	officer: Acting Chief Financial Officer	MARKFORGED HOLDING CORP, 60 TOWER ROAD, WALTHAM MA 02451
Shai Terem	director, officer: President and CEO	C/O MARKFORGED, INC., 480 PLEASANT STREET, WATERTOWN MA 02472
Mark Joseph Schwartz	officer: Chief Financial Officer	4104 24TH STREET #345, SAN FRANCISCO CA 94114
Gregory Mark	10 percent owner	C/O MARKFORGED, INC., 480 PLEASANT STREET, WATERTOWN MA 02472
David Benhaim	officer: Chief Technology Officer	C/O MARKFORGED, 480 PLEASANT STREET, WATERTWON MA 02472
Stephen Karp	officer: General Counsel	C/O MARKFORGED, INC., 480 PLEASANT STREET, WATERTOWN MA 02472
Carol Meyers	director	3 BATTERY WHARF, UNIT 3408, BOSTON MA 02109
Alan Masarek	director	C/O VONAGE HOLDINGS CORP., 23 MAIN STREET, HOLMDEL NJ 07733
Richard A Damore	10 percent owner	C/O NORTHBRIDGE VENTURE PARTNERS, 950 WINTER ST STE 4600, WALTHAM MA 02451
North Bridge Venture Partners 7, L.p.	10 percent owner	60 WILLIAM STREET, SUITE 350, WELLESLEY MA 02481
North Bridge Venture Management 7, L.p.	10 percent owner	60 WILLIAM STREET, SUITE 350, WELLESLEY MA 02481
Michael Medici	director	C/O MARKFORGED, INC., 480 PLEASANT STREET, WATERTOWN MA 02472
Matrix Ix Management Co. Llc	10 percent owner	101 MAIN STREET, 17TH FLOOR, CAMBRIDGE MA 02142
Antonio L. Rodriguez	director	MATRIX PARTNERS, 101 MAIN STREET, 17TH FLOOR, CAMBRIDGE MA 02142