Mdundo Com AS (OCSE:MDUNDO) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2024)

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

OCSE:MDUNDO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.94 Med: No Debt Max: 30243
Current: No Debt

During the past 5 years, Mdundo Com AS's highest Cash to Debt Ratio was 30243.00. The lowest was 0.94. And the median was No Debt.

OCSE:MDUNDO's Cash-to-Debt is ranked better than
99.83% of 577 companies
in the Interactive Media industry
Industry Median: 5.12 vs OCSE:MDUNDO: No Debt

Mdundo Com AS Cash-to-Debt Historical Data

The historical data trend for Mdundo Com AS'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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Mdundo Com AS Cash-to-Debt Chart

Mdundo Com AS Annual Data

Trend

Dec19

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

0.94

30,243.00

No Debt

Mdundo Com AS Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial				No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Mdundo Com AS's Cash-to-Debt

For the Internet Content & Information subindustry, Mdundo Com AS'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.

Mdundo Com AS's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Mdundo Com AS's Cash-to-Debt distribution charts can be found below:

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

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Mdundo Com AS 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.

Mdundo Com AS's Cash to Debt Ratio for the fiscal year that ended in Jun. 2024 is calculated as:

Mdundo Com AS had no debt ⁽¹⁾.

Mdundo Com AS's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Mdundo Com AS had no debt ⁽¹⁾.

Mdundo Com AS (OCSE:MDUNDO) 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.

Mdundo Com AS Cash-to-Debt Related Terms

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

Mdundo Com AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Mdundo Com AS (OCSE:MDUNDO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jagtvaenget 2, Charlottenlund, DNK, 2920

Website

https://www.mdundo.com

Mdundo Com AS develops and operates an online music service, which is based in sub-Saharan Africa. The company offers Freemium, which is a free service and Premium, which is the which is subscription-based service. The primary source of revenue is Advertisement, which consists of display banners and audio advertisements embedded into the music tracks.

Mdundo Com AS Headlines

No Headlines

Mdundo Com AS (OCSE:MDUNDO) Cash-to-Debt : No Debt (1) (As of Jun. 2024)