Maxcom Spolka Akcyjna (WAR:MXC) Cash-to-Debt : 0.15 (As of Mar. 2024)

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What is Maxcom Spolka Akcyjna 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. Maxcom Spolka Akcyjna's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.15.

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, Maxcom Spolka Akcyjna couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

WAR:MXC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.24 Max: 21.38
Current: 0.15

During the past 10 years, Maxcom Spolka Akcyjna's highest Cash to Debt Ratio was 21.38. The lowest was 0.02. And the median was 0.24.

WAR:MXC's Cash-to-Debt is ranked worse than
91.63% of 2473 companies
in the Hardware industry
Industry Median: 1.34 vs WAR:MXC: 0.15

Maxcom Spolka Akcyjna Cash-to-Debt Historical Data

The historical data trend for Maxcom Spolka Akcyjna'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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Maxcom Spolka Akcyjna Cash-to-Debt Chart

Maxcom Spolka Akcyjna Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.81

0.51

0.13

0.28

0.20

Maxcom Spolka Akcyjna Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.16	0.15	0.10	0.20	0.15

Competitive Comparison of Maxcom Spolka Akcyjna's Cash-to-Debt

For the Communication Equipment subindustry, Maxcom Spolka Akcyjna'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.

Maxcom Spolka Akcyjna's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Maxcom Spolka Akcyjna's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Maxcom Spolka Akcyjna's Cash-to-Debt falls into.

Maxcom Spolka Akcyjna 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.

Maxcom Spolka Akcyjna'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)
	=	3.316	/	(16.093	+	0.134)
	=	0.20

Maxcom Spolka Akcyjna'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)
	=	2.526	/	(16.403	+	0.143)
	=	0.15

Maxcom Spolka Akcyjna (WAR:MXC) 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.

Maxcom Spolka Akcyjna Cash-to-Debt Related Terms

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

Maxcom Spolka Akcyjna (WAR:MXC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Maxcom Spolka Akcyjna (WAR:MXC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ulica Towarowa 23a, Tychy, POL, 43-100

Website

http://www.maxcom.pl

Maxcom Spolka Akcyjna is engaged in the production and continuous improvement of telecommunications devices, mainly GSM mobile phones, wired and wireless telephones, PMR walkie-talkie radios and GPS satellite navigation. Its products include Desk phones for SIM card, Fixed telephones, radios, Fitgo, Maxton - the sound eruption of Bluetooth speakers, ACC + Accessories, GSM accessories, Motorola Baby Monitoring, navigations, Nilox, Celly, among others.