Mashonaland Holdings (XZIM:MASH.ZW) Cash-to-Debt : 0.43 (As of Dec. 2023)

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What is Mashonaland Holdings 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. Mashonaland Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.43.

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, Mashonaland Holdings 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 Mashonaland Holdings's Cash-to-Debt or its related term are showing as below:

XZIM:MASH.ZW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.43 Med: No Debt Max: No Debt
Current: 0.43

During the past 6 years, Mashonaland Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.43. And the median was No Debt.

XZIM:MASH.ZW's Cash-to-Debt is ranked better than
62.16% of 1781 companies
in the Real Estate industry
Industry Median: 0.25 vs XZIM:MASH.ZW: 0.43

Mashonaland Holdings Cash-to-Debt Historical Data

The historical data trend for Mashonaland Holdings'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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Mashonaland Holdings Cash-to-Debt Chart

Mashonaland Holdings Annual Data

Trend

Sep12

Sep18

Sep19

Sep20

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

2.24

0.43

Mashonaland Holdings Semi-Annual Data
	Mar11	Mar12	Sep12	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial								No Debt	1.04	2.24	1.27	0.43

Competitive Comparison of Mashonaland Holdings's Cash-to-Debt

For the Real Estate - Development subindustry, Mashonaland Holdings'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.

Mashonaland Holdings's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mashonaland Holdings's Cash-to-Debt distribution charts can be found below:

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

Mashonaland Holdings 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.

Mashonaland Holdings'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)
	=	5455.926	/	(9100.944	+	3717.877)
	=	0.43

Mashonaland Holdings'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)
	=	5455.926	/	(9100.944	+	3717.877)
	=	0.43

Mashonaland Holdings (XZIM:MASH.ZW) 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.

Mashonaland Holdings Cash-to-Debt Related Terms

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

Mashonaland Holdings (XZIM:MASH.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mashonaland Holdings Ltd (XZIM:MASH.ZW) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

77 Jason Moyo Avenue, P O Box 717, 12th Floor, ZB Life Towers, Harare, ZWE

Website

https://www.masholdings.co.zw

Mashonaland Holdings Ltd operates in the property investment and development business. Its property portfolio is distributed across the office, retail, industrial, residential, and health sector. It has four reportable segments which consist of the Office Segment; Industrial Segment; Pure Retail; and others. It generates the majority of its revenue from the Office Segment. The business activities of the group are carried out throughout the region of Zimbabwe.

Mashonaland Holdings (XZIM:MASH.ZW) Headlines

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