Magyar Telekom (Magyar Telekom) Cash-to-Debt : 0.04 (As of Dec. 2023)

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What is Magyar Telekom 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. Magyar Telekom's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.04.

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

MYTAY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.08 Max: No Debt
Current: 0.04

During the past 13 years, Magyar Telekom's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was 0.08.

MYTAY's Cash-to-Debt is ranked worse than
88.89% of 387 companies
in the Telecommunication Services industry
Industry Median: 0.36 vs MYTAY: 0.04

Magyar Telekom Cash-to-Debt Historical Data

The historical data trend for Magyar Telekom'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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Magyar Telekom Cash-to-Debt Chart

Magyar Telekom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.13

0.09

0.06

0.04

Magyar Telekom 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															0.04	0.07	0.07	0.11	0.04

Competitive Comparison of Magyar Telekom's Cash-to-Debt

For the Telecom Services subindustry, Magyar Telekom'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.

Magyar Telekom's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Magyar Telekom's Cash-to-Debt distribution charts can be found below:

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

Magyar Telekom 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.

Magyar Telekom'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)
	=	39.854	/	(329.377	+	618.186)
	=	0.04

Magyar Telekom'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)
	=	39.854	/	(329.377	+	618.186)
	=	0.04

Magyar Telekom (OTCPK:MYTAY) 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.

Magyar Telekom Cash-to-Debt Related Terms

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Magyar Telekom (Magyar Telekom) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Magyar Telekom PLC (OTCPK:MYTAY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MTELEKOM:Hungary MGYB:Germany

Address

Konyves Kalman Korut. 36, Budapest, HUN, 1097

Website

https://www.telekom.hu

Magyar Telekom PLC is a telecommunications company that operates in two segments: MT-Hungary and North Macedonia. MT Hungary supplies mobile, information communication, television distribution, and system integration services to both business and residential consumers in Hungary. The North Macedonia segment expands the company's mobile and fixed-line telecommunication services across North Macedonia. Magyar controls the largest share of the Hungarian telecom market and has a footprint in Macedonia, Bulgaria, and Romania. The company receives most of its revenue from Hungary.