MDU (MDU Resources Group) Cash-to-Debt : 0.04 (As of Sep. 2024)

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What is MDU Resources Group 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. MDU Resources Group's cash to debt ratio for the quarter that ended in Sep. 2024 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, MDU Resources Group couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for MDU Resources Group's Cash-to-Debt or its related term are showing as below:

MDU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.11
Current: 0.04

During the past 13 years, MDU Resources Group's highest Cash to Debt Ratio was 0.11. The lowest was 0.01. And the median was 0.03.

MDU's Cash-to-Debt is ranked worse than
95% of 540 companies
in the Conglomerates industry
Industry Median: 0.47 vs MDU: 0.04

MDU Resources Group Cash-to-Debt Historical Data

The historical data trend for MDU Resources Group'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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MDU Resources Group Cash-to-Debt Chart

MDU Resources Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.03

0.02

0.01

0.02

MDU Resources Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.11	0.02	0.04	0.04	0.04

Competitive Comparison of MDU Resources Group's Cash-to-Debt

For the Conglomerates subindustry, MDU Resources Group'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.

MDU Resources Group's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, MDU Resources Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where MDU Resources Group's Cash-to-Debt falls into.

MDU Resources Group 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.

MDU Resources Group'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)
	=	48.875	/	(179.203	+	2288.549)
	=	0.02

MDU Resources Group'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)
	=	104.016	/	(246.91	+	2296.089)
	=	0.04

MDU Resources Group (NYSE:MDU) 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.

MDU Resources Group Cash-to-Debt Related Terms

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MDU Resources Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » MDU Resources Group Inc (NYSE:MDU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MRE:Germany

Address

1200 West Century Avenue, P.O. Box 5650, Bismarck, ND, USA, 58506-5650

Website

https://www.mdu.com

MDU Resources Group Inc operates in five business segments, which includes: Electric segment, which generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming; The natural gas distribution segment distributes natural gas in those states, as well as in Idaho, Minnesota, Oregon and Washington; The pipeline segment provides natural gas transportation and underground storage services through a regulated pipeline system in the Rocky Mountain and northern Great Plains regions of the United States; The construction services segment provides a full spectrum of construction services through its electrical and mechanical and transmission and distribution specialty contracting services.

Executives

Rob L. Johnson	officer: President-WBI Holdings	1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Dale Rosenthal	director	101 CONSTITUTION AVENUE, NW, WASHINGTON DC 20080
Paul R. Sanderson	officer: VP, CLO & Secretary	1200 WEST CENTURY AVENUE, BISMARCK ND 58503
James H. Gemmel	director	C/O CORVEX MANAGEMENT LP, 667 MADISON AVENUE, NEW YORK NY 10065
Brian R. Gray	officer: President & CEO-Knife River	1200 WEST CENTURY AVENUE, BISMARCK ND 58503
German Carmona-alvarez	director	1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Thomas S Everist	director
Nicole A Kivisto	officer: Controller	P. O. BOX 5650, BISMARCK ND 58506-5650
Karl A Liepitz	officer: VP, Gen Counsel & Secretary	1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Jason L Vollmer	officer: Treasurer & Director of Cash	1200 WEST CENTURY AVENUE, BISMARCK ND 58503
David M Sparby	director	1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Margaret A Link	officer: Chief Information Officer	1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Dennis W Johnson	director	TMI BUSINESS DESIGHNS CORP, 50 3 AVENUE WAY, DICKINSON ND 58601
David C Barney	officer: President & CEO - Knife River	1150 WEST CENTURY AVENUE, BISMARCK ND 58503
Stephanie A Barth	officer: VP, CAO & Controller	1200 WEST CENTURY AVENUE, BISMARCK ND 58503