Meta Health (SGX:5DX) Cash-to-Debt : 0.85 (As of Dec. 2023)

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What is Meta Health 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. Meta Health's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.85.

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, Meta Health couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

SGX:5DX' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 0.72 Max: 1.07
Current: 0.85

During the past 13 years, Meta Health's highest Cash to Debt Ratio was 1.07. The lowest was 0.22. And the median was 0.72.

SGX:5DX's Cash-to-Debt is ranked worse than
56.72% of 2997 companies
in the Industrial Products industry
Industry Median: 1.23 vs SGX:5DX: 0.85

Meta Health Cash-to-Debt Historical Data

The historical data trend for Meta Health'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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Meta Health Cash-to-Debt Chart

Meta Health Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.22

0.49

1.07

0.39

0.85

Meta Health Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.07	0.54	0.39	0.28	0.85

Competitive Comparison of Meta Health's Cash-to-Debt

For the Metal Fabrication subindustry, Meta Health'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.

Meta Health's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Meta Health's Cash-to-Debt distribution charts can be found below:

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

Meta Health 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.

Meta Health'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)
	=	3.366	/	(2.439	+	1.521)
	=	0.85

Meta Health's Cash to Debt Ratio for the quarter 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)
	=	3.366	/	(2.439	+	1.521)
	=	0.85

Meta Health (SGX:5DX) 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.

Meta Health Cash-to-Debt Related Terms

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

Meta Health (SGX:5DX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Meta Health Ltd (SGX:5DX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Lorong 2 Toa Payoh, Number 02-02, Braddell House, Singapore, SGP, 319637

Website

https://www.metahealth.sg

Meta Health Ltd is a Singapore-based company. Its activities of the company consist of investment holding and metal stamping and manufacturing of tools and fixtures. It has two operating segments Metal and Healthcare. The geographic segments of the company are Singapore, Thailand, Malaysia, and China. of which the China segment generates the majority of its revenue.

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