PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Cash-to-Debt : 1.36 (As of Mar. 2024)

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What is PT Mandiri Herindo Adiperkasa Tbk 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. PT Mandiri Herindo Adiperkasa Tbk's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.36.

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, PT Mandiri Herindo Adiperkasa Tbk could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for PT Mandiri Herindo Adiperkasa Tbk's Cash-to-Debt or its related term are showing as below:

ISX:MAHA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.7 Med: 1.36 Max: 1.87
Current: 1.36

During the past 4 years, PT Mandiri Herindo Adiperkasa Tbk's highest Cash to Debt Ratio was 1.87. The lowest was 0.70. And the median was 1.36.

ISX:MAHA's Cash-to-Debt is ranked better than
71.35% of 967 companies
in the Transportation industry
Industry Median: 0.48 vs ISX:MAHA: 1.36

PT Mandiri Herindo Adiperkasa Tbk Cash-to-Debt Historical Data

The historical data trend for PT Mandiri Herindo Adiperkasa Tbk'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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PT Mandiri Herindo Adiperkasa Tbk Cash-to-Debt Chart

PT Mandiri Herindo Adiperkasa Tbk Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.70

1.01

1.87

1.37

PT Mandiri Herindo Adiperkasa Tbk Quarterly Data
	Dec20	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial				1.87	1.11	1.61	1.37	1.36

Competitive Comparison of PT Mandiri Herindo Adiperkasa Tbk's Cash-to-Debt

For the Trucking subindustry, PT Mandiri Herindo Adiperkasa Tbk'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.

PT Mandiri Herindo Adiperkasa Tbk's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT Mandiri Herindo Adiperkasa Tbk's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where PT Mandiri Herindo Adiperkasa Tbk's Cash-to-Debt falls into.

PT Mandiri Herindo Adiperkasa Tbk 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.

PT Mandiri Herindo Adiperkasa Tbk'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)
	=	537610.744	/	(173918.251	+	218144.743)
	=	1.37

PT Mandiri Herindo Adiperkasa Tbk's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	470738.625	/	(167655.16	+	179444.221)
	=	1.36

PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) 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.

PT Mandiri Herindo Adiperkasa Tbk Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of PT Mandiri Herindo Adiperkasa Tbk's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Senopati Raya No. 8B, Office 8, Floor 31, SCBD Lot 28, Jakarta, IDN, 12190

Website

https://www.mha.co.id

PT Mandiri Herindo Adiperkasa Tbk is one of the mineral and coal transportation service providers, supported by resources and professional personnel with integrity. Mandiri Services strives to provide safe, efficient, and effective mining services. Its focus is to provide prosperity and energy to the people of Indonesia through consistent and sustainable innovation toward a better future. The company focuses on coal hauling service activities after overburden removal activities are carried out by contractors. The Company also has several types of units in the implementation of coal transportation services, namely single trailers, double trailers and dump trucks with variations in payload capacity and equipment specifications according to the needs of the employer.

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