GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Martela Oyj (OHEL:MARAS) » Definitions » Cash-to-Debt

Martela Oyj (OHEL:MARAS) Cash-to-Debt : 0.19 (As of Jun. 2024)


View and export this data going back to 1986. Start your Free Trial

What is Martela Oyj 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. Martela Oyj's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.19.

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, Martela Oyj couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

OHEL:MARAS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19   Med: 0.5   Max: 1.62
Current: 0.19

During the past 13 years, Martela Oyj's highest Cash to Debt Ratio was 1.62. The lowest was 0.19. And the median was 0.50.

OHEL:MARAS's Cash-to-Debt is ranked worse than
76.26% of 417 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1 vs OHEL:MARAS: 0.19

Martela Oyj Cash-to-Debt Historical Data

The historical data trend for Martela Oyj'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.

* Premium members only.

Martela Oyj Cash-to-Debt Chart

Martela Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.75 0.39 0.59 0.28

Martela Oyj Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.21 0.29 0.28 0.19 0.19

Competitive Comparison of Martela Oyj's Cash-to-Debt

For the Furnishings, Fixtures & Appliances subindustry, Martela Oyj'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.


Martela Oyj's Cash-to-Debt Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Martela Oyj's Cash-to-Debt distribution charts can be found below:

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



Martela Oyj 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.

Martela Oyj's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Martela Oyj's Cash to Debt Ratio for the quarter that ended in Jun. 2024 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.


Martela Oyj  (OHEL:MARAS) 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.


Martela Oyj Cash-to-Debt Related Terms

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


Martela Oyj Business Description

Traded in Other Exchanges
N/A
Address
Takkatie 1, P.O. Box 44, Helsinki, FIN, FI-00371
Martela Oyj operates in the office interior industry. The business activity of the group includes designing and supplying of interior solutions for working environments and public spaces. It offers ergonomic solutions for modern working environments - for mobile work and activity based offices. The product offered by the group comprises of chairs, branches, tables, auditorium seats, pedestals, shelving systems, space dividers, lightning, and phone booths, among others. Geographically, it derives a majority of revenue from Finland and also has a business presence in Sweden, Norway and other international markets.

Martela Oyj Headlines

No Headlines