Metrics Masterome Trust (ASX:MXT) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2024)

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What is Metrics Masterome Trust 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. Metrics Masterome Trust's cash to debt ratio for the quarter that ended in Jun. 2024 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, Metrics Masterome Trust could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

(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 Metrics Masterome Trust's Cash-to-Debt or its related term are showing as below:

ASX:MXT' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 7 years, Metrics Masterome Trust's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

ASX:MXT's Cash-to-Debt is ranked better than
99.66% of 1455 companies
in the Asset Management industry
Industry Median: 5.53 vs ASX:MXT: No Debt

Metrics Masterome Trust Cash-to-Debt Historical Data

The historical data trend for Metrics Masterome Trust'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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Metrics Masterome Trust Cash-to-Debt Chart

Metrics Masterome Trust Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

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No Debt

Metrics Masterome Trust Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial									No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Metrics Masterome Trust's Cash-to-Debt

For the Asset Management subindustry, Metrics Masterome Trust'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.

Metrics Masterome Trust's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Metrics Masterome Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Metrics Masterome Trust's Cash-to-Debt falls into.

Metrics Masterome Trust Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Metrics Masterome Trust's Cash to Debt Ratio for the fiscal year that ended in Jun. 2024 is calculated as:

Metrics Masterome Trust had no debt ⁽¹⁾.

Metrics Masterome Trust's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Metrics Masterome Trust had no debt ⁽¹⁾.

Metrics Masterome Trust (ASX:MXT) 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.

Metrics Masterome Trust Cash-to-Debt Related Terms

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Metrics Masterome Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Metrics Master Income Trust (ASX:MXT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

123 Pitt Street, Level 18, Angel Place, Sydney, NSW, AUS, 2000

Website

https://www.metrics.com.au

Metrics Master Income Trust is a non-bank corporate lender and alternative asset manager specialising in fixed income, private credit, equity, and capital markets. It provides service to the Australian private debt market to investors ranging from individuals to institutions.

Metrics Masterome Trust Headlines

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Metrics Masterome Trust (ASX:MXT) Cash-to-Debt : No Debt (1) (As of Jun. 2024)