MRNO (Murano Global Investments) Cash-to-Debt : 0.06 (As of Sep. 2024)

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What is Murano Global Investments 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. Murano Global Investments's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.06.

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, Murano Global Investments 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 Murano Global Investments's Cash-to-Debt or its related term are showing as below:

MRNO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.06
Current: 0.06

During the past 4 years, Murano Global Investments's highest Cash to Debt Ratio was 0.06. The lowest was 0.01. And the median was 0.04.

MRNO's Cash-to-Debt is ranked worse than
80.6% of 1768 companies
in the Real Estate industry
Industry Median: 0.25 vs MRNO: 0.06

Murano Global Investments Cash-to-Debt Historical Data

The historical data trend for Murano Global Investments'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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Murano Global Investments Cash-to-Debt Chart

Murano Global Investments Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.15

0.04

0.01

Murano Global Investments Quarterly Data
	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial					N/A	0.01	0.01	0.01	0.06

Competitive Comparison of Murano Global Investments's Cash-to-Debt

For the Real Estate - Development subindustry, Murano Global Investments'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.

Murano Global Investments's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Murano Global Investments's Cash-to-Debt distribution charts can be found below:

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

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Murano Global Investments 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.

Murano Global Investments'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)
	=	4.787	/	(121.912	+	284.034)
	=	0.01

Murano Global Investments'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)
	=	30.856	/	(39.612	+	453.088)
	=	0.06

Murano Global Investments (NAS:MRNO) 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.

Murano Global Investments Cash-to-Debt Related Terms

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

Murano Global Investments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Murano Global Investments PLC (NAS:MRNO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Berkeley Square, London, GBR, W1J 6HN

Website

https://www.murano.com.mx/en

Murano Global Investments PLC is a real estate company that owns, develops, and invests in hotel, resort, and commercial properties throughout Mexico. Its portfolio includes the Andaz and Mondrian Hotels in Mexico City and Vivid Hotel Grand Island. The revenues are derived from the products and services provided to our customers such as Room rentals, Food and beverage, Private events, Spa services, and Other services.

Murano Global Investments Headlines

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