MATH (Metalpha Technology Holding) Cash-to-Debt : 91.79 (As of Sep. 2024)

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What is Metalpha Technology Holding 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. Metalpha Technology Holding's cash to debt ratio for the quarter that ended in Sep. 2024 was 91.79.

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, Metalpha Technology Holding could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for Metalpha Technology Holding's Cash-to-Debt or its related term are showing as below:

MATH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 64.63 Max: No Debt
Current: 91.79

During the past 10 years, Metalpha Technology Holding's highest Cash to Debt Ratio was No Debt. The lowest was 0.12. And the median was 64.63.

MATH's Cash-to-Debt is ranked better than
77.86% of 786 companies
in the Capital Markets industry
Industry Median: 2.28 vs MATH: 91.79

Metalpha Technology Holding Cash-to-Debt Historical Data

The historical data trend for Metalpha Technology Holding'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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Metalpha Technology Holding Cash-to-Debt Chart

Metalpha Technology Holding Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.25

0.24

14.33

71.21

9.54

Metalpha Technology Holding Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															22.65	71.21	323.09	9.54	91.79

Competitive Comparison of Metalpha Technology Holding's Cash-to-Debt

For the Capital Markets subindustry, Metalpha Technology Holding'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.

Metalpha Technology Holding's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Metalpha Technology Holding's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Metalpha Technology Holding's Cash-to-Debt falls into.

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Metalpha Technology Holding 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.

Metalpha Technology Holding's Cash to Debt Ratio for the fiscal year 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)
	=	48.075	/	(5.04	+	0)
	=	9.54

Metalpha Technology Holding's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	28.088	/	(0.187	+	0.119)
	=	91.79

Metalpha Technology Holding (NAS:MATH) 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.

Metalpha Technology Holding Cash-to-Debt Related Terms

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Metalpha Technology Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Metalpha Technology Holding Ltd (NAS:MATH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Harbour Road, Suite 6703-04, Central Plaza, Wan Chai, Hong Kong, HKG

Website

https://www.metalpha.net

Metalpha Technology Holding Ltd is a digital asset focused wealth management company. The company predominantly generates revenue from the execution of cryptocurrency-related transactions, which includes the issuance of derivative products to over-the-counter (OTC) clients and its proprietary trading activities. It has partnered with a crypto exchange to provide crypto derivative market-making services for its clients, facilitating the trading of crypto derivative products. In addition, the company also engages in providing traditional financial derivative products, and asset management services. It operates in a single segment which is the trading of proprietary digital assets and derivative contracts, and derives a majority of its revenue from Hong Kong.