Marco Polo Marine (SGX:5LY) Cash-to-Debt : 6.96 (As of Mar. 2024)

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What is Marco Polo Marine 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. Marco Polo Marine's cash to debt ratio for the quarter that ended in Mar. 2024 was 6.96.

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, Marco Polo Marine could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

SGX:5LY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 7.17 Max: 241.84
Current: 6.96

During the past 13 years, Marco Polo Marine's highest Cash to Debt Ratio was 241.84. The lowest was 0.02. And the median was 7.17.

SGX:5LY's Cash-to-Debt is ranked better than
88.73% of 958 companies
in the Transportation industry
Industry Median: 0.48 vs SGX:5LY: 6.96

Marco Polo Marine Cash-to-Debt Historical Data

The historical data trend for Marco Polo Marine'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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Marco Polo Marine Cash-to-Debt Chart

Marco Polo Marine Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

Get a 7-Day Free Trial

134.35

21.78

4.55

14.24

7.39

Marco Polo Marine Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															8.29	14.24	16.90	7.39	6.96

Competitive Comparison of Marco Polo Marine's Cash-to-Debt

For the Marine Shipping subindustry, Marco Polo Marine'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.

Marco Polo Marine's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Marco Polo Marine's Cash-to-Debt distribution charts can be found below:

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

Marco Polo Marine 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.

Marco Polo Marine's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	63.1	/	(2.519	+	6.022)
	=	7.39

Marco Polo Marine's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	49.919	/	(2.382	+	4.795)
	=	6.96

Marco Polo Marine (SGX:5LY) 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.

Marco Polo Marine Cash-to-Debt Related Terms

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

Marco Polo Marine (SGX:5LY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Marco Polo Marine Ltd (SGX:5LY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MRPMF:USA

Address

66 Kallang Pudding Road, No.05-01 Hor Kew Business Centre, Singapore, SGP, 349324

Website

https://www.marcopolomarine.com.sg

Marco Polo Marine Ltd is a Singapore-based integrated marine logistics company. It is principally engaged in the shipping and shipyard businesses. The company's business segments include Ship chartering services, which relate to charter hire activities; and Shipbuilding & repair services, which relates to sales of goods, shipbuilding and ship repair activities. It generates maximum revenue from Ship chartering services segment. The company operates internationally and generates the majority of its revenue from its activities in Singapore.

Marco Polo Marine (SGX:5LY) Headlines

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