Martello Technologies Group (TSXV:MTLO) Cash-to-Debt : 0.57 (As of Dec. 2023)

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What is Martello Technologies Group 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. Martello Technologies Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.57.

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, Martello Technologies Group 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 Martello Technologies Group's Cash-to-Debt or its related term are showing as below:

TSXV:MTLO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 1.92 Max: No Debt
Current: 0.57

During the past 13 years, Martello Technologies Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was 1.92.

TSXV:MTLO's Cash-to-Debt is ranked worse than
73.28% of 2725 companies
in the Software industry
Industry Median: 2.49 vs TSXV:MTLO: 0.57

Martello Technologies Group Cash-to-Debt Historical Data

The historical data trend for Martello Technologies Group'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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Martello Technologies Group Cash-to-Debt Chart

Martello Technologies Group Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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1.94

1.90

0.77

0.44

0.21

Martello Technologies Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.25	0.21	0.38	0.43	0.57

Competitive Comparison of Martello Technologies Group's Cash-to-Debt

For the Software - Infrastructure subindustry, Martello Technologies Group'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.

Martello Technologies Group's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Martello Technologies Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Martello Technologies Group's Cash-to-Debt falls into.

Martello Technologies Group 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.

Martello Technologies Group's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	2.219	/	(8.94	+	1.701)
	=	0.21

Martello Technologies Group'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)
	=	5.632	/	(0.241	+	9.567)
	=	0.57

Martello Technologies Group (TSXV:MTLO) 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.

Martello Technologies Group Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Martello Technologies Group's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Martello Technologies Group (TSXV:MTLO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Martello Technologies Group Inc (TSXV:MTLO) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

DRKOF:USA

Address

390 March Road, Suite 110, Ottawa, ON, CAN, K2K 0G7

Website

https://www.martellotech.com

Martello Technologies Group Inc is a technology company that provides digital experience monitoring (DEM) solutions. The company's products provide monitoring and analytics on the performance and user experience of critical cloud business applications while giving IT teams and service providers control and visibility of their entire IT infrastructure. Martello's software products include unified communications performance analytics, Microsoft 365 end-user experience monitoring and IT service monitoring and analytics. It has offices in Amsterdam, Geneva, Nice, Paris, Dallas and New York.

Executives

Colley Clarke

Director

Martello Technologies Group (TSXV:MTLO) Headlines

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