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The Meet Group (The Meet Group) Cash-to-Debt : 1.23 (As of Jun. 2020)


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What is The Meet 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. The Meet Group's cash to debt ratio for the quarter that ended in Jun. 2020 was 1.23.

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, The Meet Group could pay off its debt using the cash in hand for the quarter that ended in Jun. 2020.

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

MEET' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09   Med: 3.97   Max: No Debt
Current: 1.23

During the past 13 years, The Meet Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.09. And the median was 3.97.

MEET's Cash-to-Debt is not ranked
in the Interactive Media industry.
Industry Median: 4.64 vs MEET: 1.23

The Meet Group Cash-to-Debt Historical Data

The historical data trend for The Meet 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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The Meet Group Cash-to-Debt Chart

The Meet Group Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.88 98.88 0.43 0.77 0.66

The Meet Group Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 0.69 0.66 0.80 1.23

Competitive Comparison of The Meet Group's Cash-to-Debt

For the Internet Content & Information subindustry, The Meet 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.


The Meet Group's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, The Meet Group's Cash-to-Debt distribution charts can be found below:

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



The Meet 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.

The Meet Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2019 is calculated as:

The Meet Group's Cash to Debt Ratio for the quarter that ended in Jun. 2020 is calculated as:

* 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.


The Meet Group  (NAS:MEET) 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.


The Meet Group Cash-to-Debt Related Terms

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


The Meet Group (The Meet Group) Business Description

Traded in Other Exchanges
N/A
Address
100 Union Square Drive, New Hope, PA, USA, 18938
The Meet Group Inc is a leading provider of interactive livestreaming solutions designed to meet the universal need for human connection. The company's ecosystem of livestreaming apps enables users to interact through one-to-many livestreaming broadcasts and text-based conversations. The apps, MeetMe, LOVOO, Skout, Tagged and Growlr deliver live interactions and meaningful connections to millions of users daily.
Executives
James E. Bugden officer: Chief Financial Officer C/O INSIDER GUIDES, INC. 280 UNION SQUARE DRIVE NEW HOPE PA 18938
Geoffrey Cook director, officer: Chief Executive Officer 280 UNION SQUARE DRIVE, NEW HOPE PA 18938
Jason Whitt director C/O VANTAGEPOINT VENTURE PARTNERS 1001 BAYHILL DRIVE, SUITE 300 SAN BRUNO CA 94066
Jean B Clifton director 220 WEST 42ND STREET NEW YORK NY 10036
Frederic Beckley officer: General Counsel 280 UNION SQUARE DRIVE, NEW HOPE PA 18938
Bedi Ajay Singh director 6922 HOLLYWOOD BLVD., 12TH FLOOR, LOS ANGELES CA 90028
Spencer Garrett Rhodes director 2920 BUCHANAN STREET #4 SAN FRANCISCO CA 94123
Keith Richman director C/O GRUBHUB INC. 111 W. WASHINGTON STREET, SUITE 2100 CHICAGO IL 60602
Christopher Fralic director 4040 LOCUST STREET, PHILADELPHIA PA 19104
Luxor Capital Group, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Lugard Road Capital Gp, Llc 10 percent owner 1114 AVENUE OF THE AMERICAS, 28TH FLOOR, NEW YORK NY 10036
Luxor Capital Partners, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Wavefront, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners Offshore Ltd 10 percent owner C/O MAPLES CORPORATE SERVICES LTD., PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Lcg Holdings Llc 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036