Media Investment Optimization (XMAD:MIO) Cash-to-Debt : 0.47 (As of Dec. 2023)

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What is Media Investment Optimization 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. Media Investment Optimization's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.47.

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, Media Investment Optimization 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 Media Investment Optimization's Cash-to-Debt or its related term are showing as below:

XMAD:MIO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.47 Med: 0.74 Max: 1.52
Current: 0.47

During the past 4 years, Media Investment Optimization's highest Cash to Debt Ratio was 1.52. The lowest was 0.47. And the median was 0.74.

XMAD:MIO's Cash-to-Debt is not ranked
in the Media - Diversified industry.
Industry Median: 1.25 vs XMAD:MIO: 0.47

Media Investment Optimization Cash-to-Debt Historical Data

The historical data trend for Media Investment Optimization'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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Media Investment Optimization Cash-to-Debt Chart

Media Investment Optimization Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.99

1.52

0.50

0.47

Media Investment Optimization Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			1.52	N/A	0.50	0.46	0.47

Competitive Comparison of Media Investment Optimization's Cash-to-Debt

For the Advertising Agencies subindustry, Media Investment Optimization'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.

Media Investment Optimization's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Media Investment Optimization's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Media Investment Optimization's Cash-to-Debt falls into.

Media Investment Optimization 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.

Media Investment Optimization'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)
	=	8.059	/	(12.116	+	5.078)
	=	0.47

Media Investment Optimization'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)
	=	8.059	/	(12.116	+	5.078)
	=	0.47

Media Investment Optimization (XMAD:MIO) 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.

Media Investment Optimization Cash-to-Debt Related Terms

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Media Investment Optimization (XMAD:MIO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Media Investment Optimization SA (XMAD:MIO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Paseo Castellana 95 Pl 24, Torre Europa Building, Madrid, ESP, 28046

Website

https://www.mio.es

Media Investment Optimization SA is a consultancy company in the integration of marketing services and digital transformation, oriented to provide an impact on the income statement of its clients, through the use of technology. It is made up of different companies specialized in the fields of marketing and advertising: creativity, media buying, data analytics, social media, web development, marketing automation and technology.