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Ming Le Sports AGFRA:ML2 42 Cash-to-Debt is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 10,000.00. GuruFocus rates FRA:ML2 with a GF Score™ of 42/100. The stock has 1 warning sign investors should review. Among 1,001 Manufacturing - Apparel & Accessories companies, Ming Le Sports AG ranks better than 99.5% on this metric.
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. Ming Le Sports AG's cash to debt ratio for the quarter that ended in Dec. 2025 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, Ming Le Sports AGcould pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
(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 Ming Le Sports AG's Cash-to-Debt or its related term are showing as below:
FRA:ML2'
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 11 years, Ming Le Sports AG's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.
FRA:ML2's Cash-to-Debt is ranked better than 99.5% of 1001
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52
vs FRA:ML2: No Debt
Ming Le Sports AG (FRA:ML2) 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.
Ming Le Sports AG Cash-to-Debt Related Terms
Ming Le Sports AG Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Ming Le Sports AG'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.
For the Apparel Manufacturing subindustry, Ming Le Sports AG'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.
Ming Le Sports AG Cash-to-Debt vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ming Le Sports AG's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Ming Le Sports AG's Cash-to-Debt falls into.
Ming Le Sports AG's Cash to Debt Ratio for the fiscal year that ended in Dec. 2025 is calculated as:
Ming Le Sports AG had no debt (1).
Ming Le Sports AG's Cash to Debt Ratio for the quarter that ended in Dec. 2025 is calculated as:
Ming Le Sports AG had no debt (1).
* 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.
What does a Cash-to-Debt of No Debt <sup>(1)</sup> mean?
Ming Le Sports AG (FRA:ML2) has a Cash-to-Debt of No Debt (1) as of Dec. 2025. This is 100% below median its historical median of 10,000.00. Over the past decade, Ming Le Sports AG's Cash-to-Debt has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Ming Le Sports AG ranks #5 out of 1001 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 0.5%.
Is Ming Le Sports AG's Cash-to-Debt too high?
Ming Le Sports AG's current Cash-to-Debt of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, Ming Le Sports AG ranks #5 out of 1001 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Ming Le Sports AG has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Ming Le Sports AG's Cash-to-Debt compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ming Le Sports AG ranks #5 out of 1001 companies for Cash-to-Debt. This places Ming Le Sports AG in the top 1% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 0.52. Historically, Ming Le Sports AG's own Cash-to-Debt has ranged from 10,000.00 to 10,000.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Manufacturing - Apparel & Accessories company?
The median Cash-to-Debt among Manufacturing - Apparel & Accessories companies is 0.52, based on 1,001 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Manufacturing - Apparel & Accessories industry, the median Cash-to-Debt is 0.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ming Le Sports AG's current Cash-to-Debt is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ming Le Sports AG stock overvalued right now?
Ming Le Sports AG (FRA:ML2) has a current Cash-to-Debt of No Debt (1). The current Cash-to-Debt is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Ming Le Sports AG's overall GF Score™ is 42/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Ming Le Sports AG (FRA:ML2), the current Cash-to-Debt is No Debt (1) as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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