Monarch Cement Co (Monarch Cement Co) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

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What is Monarch Cement Co 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. Monarch Cement Co's cash to debt ratio for the quarter that ended in Sep. 2023 was No Debt ⁽¹⁾.

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, Monarch Cement Co could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

(1) 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.

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

MCEM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.93 Max: No Debt
Current: No Debt

During the past 13 years, Monarch Cement Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.09. And the median was 0.93.

MCEM's Cash-to-Debt is ranked better than
99.74% of 379 companies
in the Building Materials industry
Industry Median: 0.46 vs MCEM: No Debt

Monarch Cement Co Cash-to-Debt Historical Data

The historical data trend for Monarch Cement Co'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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Monarch Cement Co Cash-to-Debt Chart

Monarch Cement Co Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Cash-to-Debt

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0.47

0.61

1.15

2.80

5.56

Monarch Cement Co Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep22	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															5.56	0.53	1.18	N/A	No Debt

Competitive Comparison of Monarch Cement Co's Cash-to-Debt

For the Building Materials subindustry, Monarch Cement Co'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.

Monarch Cement Co's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Monarch Cement Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Monarch Cement Co's Cash-to-Debt falls into.

Monarch Cement Co 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.

Monarch Cement Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2017 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)
	=	15.814	/	(0.75	+	2.093)
	=	5.56

Monarch Cement Co's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Monarch Cement Co had no debt ⁽¹⁾.

Monarch Cement Co (OTCPK:MCEM) 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.

Monarch Cement Co Cash-to-Debt Related Terms

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Monarch Cement Co (Monarch Cement Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Monarch Cement Co (OTCPK:MCEM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

449 1200 Street, P.O. Box 1000, Humboldt, KS, USA, 66748-0900

Website

https://www.monarchcement.com

Monarch Cement Co is principally engaged in the manufacture and sale of portland cement. The company's subsidiaries together are engaged in the ready-mixed concrete, concrete products, and sundry building materials business. Ready-mixed concrete is manufactured by combining aggregates with portland cement, water and chemical admixtures in batch plants. It is then loaded into mixer trucks and mixed in transit to the construction site where it is delivered to the contractor. The company groups its operations into two lines of business: Cement Business and Ready-Mixed Concrete Business, of which key revenue is derived from the Cement business segment.

Monarch Cement Co (Monarch Cement Co) Headlines

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