MMIRF (MedMira) Cash-to-Debt: 0.00 (As of Apr. 2026)

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What is MedMira Cash-to-Debt?

MedMira MMIRF Cash-to-Debt is 0.00 as of Apr. 2026. The stock has 5 warning signs investors should review. Among 1,393 Biotechnology companies, MedMira ranks worse than 71787.44% 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. MedMira's cash to debt ratio for the quarter that ended in Apr. 2026 was 0.00.

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, MedMira couldn't pay off its debt using the cash in hand for the quarter that ended in Apr. 2026.

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

During the past 13 years, MedMira's highest Cash to Debt Ratio was 0.33. The lowest was 0.00. And the median was 0.02.

MMIRF's Cash-to-Debt is not ranked *
in the Biotechnology industry.
Industry Median: 7.03
* Ranked among companies with meaningful Cash-to-Debt only.

MedMira  (OTCPK:MMIRF) 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.


MedMira Cash-to-Debt Related Terms


MedMira Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for MedMira'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.

MedMira Cash-to-Debt Chart

MedMira Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.13 0.00

MedMira Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.01 0.00

MMIRF vs VRTX, REGN, MRNA: Cash-to-Debt Comparison

For the Biotechnology subindustry, MedMira'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.


MedMira Cash-to-Debt vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, MedMira's Cash-to-Debt distribution charts can be found below:

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



MedMira 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.

MedMira's Cash to Debt Ratio for the fiscal year that ended in Jul. 2025 is calculated as:

MedMira's Cash to Debt Ratio for the quarter that ended in Apr. 2026 is calculated as:

* 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.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 0.00 mean?
MedMira (MMIRF) has a Cash-to-Debt of 0.00 as of Apr. 2026. According to the industry distribution chart, MedMira ranks #999999 out of 1393 companies in the Biotechnology industry.
Is MedMira's Cash-to-Debt too high?
MedMira's current Cash-to-Debt is 0.00. Based on the distribution chart, MedMira ranks #999999 out of 1393 companies in the Biotechnology industry, which is in the bottom quartile relative to peers.
How does MedMira's Cash-to-Debt compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, MedMira ranks #999999 out of 1393 companies for Cash-to-Debt. This places MedMira in the lower half of its industry. The industry median Cash-to-Debt is 7.03. 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 Biotechnology company?
The median Cash-to-Debt among Biotechnology companies is 7.03, based on 1,393 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 Biotechnology industry, the median Cash-to-Debt is 7.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MedMira's current Cash-to-Debt is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MedMira stock overvalued right now?
MedMira (MMIRF) has a current Cash-to-Debt of 0.00. The current Cash-to-Debt is 0.00. 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 MedMira (MMIRF), the current Cash-to-Debt is 0.00 as of Apr. 2026. 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.

MedMira Business Description

Other Exchanges MIR:Canada
Address 155 Chain Lake Drive, Suite 1, Halifax, NS, CAN, B3S 1B3
MedMira Inc is a biotechnology company engaged in the research, development, and manufacturing of rapid diagnostics and technologies. The company operates in one reportable operating segment, rapid diagnostic products and services. Its product line includes HIV, COVID-19, syphilis, Multiplex, Miriad RVF Toolkit, and H. pylori. The company generates revenue from North America, Europe, and other regions, with the majority generated from North America.