Moltiply Group SpA (MIL:MOL) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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What is Moltiply Group SpA 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. Moltiply Group SpA's cash to debt ratio for the quarter that ended in Sep. 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, Moltiply Group SpA could pay off its debt using the cash in hand for the quarter that ended in Sep. 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 Moltiply Group SpA's Cash-to-Debt or its related term are showing as below:

MIL:MOL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.18 Med: 0.83 Max: No Debt
Current: 0.39

During the past 13 years, Moltiply Group SpA's highest Cash to Debt Ratio was No Debt. The lowest was 0.18. And the median was 0.83.

MIL:MOL's Cash-to-Debt is ranked better than
59.19% of 517 companies
in the Credit Services industry
Industry Median: 0.22 vs MIL:MOL: 0.39

Moltiply Group SpA Cash-to-Debt Historical Data

The historical data trend for Moltiply Group SpA'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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Moltiply Group SpA Cash-to-Debt Chart

Moltiply Group SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.34

0.93

1.04

0.65

0.39

Moltiply Group SpA 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															No Debt	0.39	No Debt	0.35	No Debt

Competitive Comparison of Moltiply Group SpA's Cash-to-Debt

For the Credit Services subindustry, Moltiply Group SpA'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.

Moltiply Group SpA's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Moltiply Group SpA's Cash-to-Debt distribution charts can be found below:

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

Moltiply Group SpA 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.

Moltiply Group SpA'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)
	=	151.858	/	(83.81	+	304.353)
	=	0.39

Moltiply Group SpA's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Moltiply Group SpA had no debt ⁽¹⁾.

Moltiply Group SpA (MIL:MOL) 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.

Moltiply Group SpA Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Moltiply Group SpA's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Moltiply Group SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Moltiply Group SpA (MIL:MOL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

0O2B:UK MNL:Germany

Address

Via Desenzano 2, Milano, ITA, 20146

Website

https://www.moltiplygroup.com

Moltiply Group SpA will be operating in two separate and independent business segments, through specialized Divisions, each composed of several dedicated subsidiaries: The Moltiply Division and The Mavriq Division. The Moltiply Division one of the main Italian players in the provision of complex BPO and IT services for the financial sector. The Mavriq Division is one of the main international players in the provision of online comparison and intermediation services, with businesses in Italy, Spain, France, and Mexico.

Moltiply Group SpA Headlines

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Moltiply Group SpA (MIL:MOL) Cash-to-Debt : No Debt (1) (As of Sep. 2024)