MCB Group (XMAU:MCBG.P0000.PFD) Cash-to-Debt : 1.53 (As of Mar. 2024)

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What is MCB Group 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. MCB Group's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.53.

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, MCB Group 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 MCB Group's Cash-to-Debt or its related term are showing as below:

XMAU:MCBG.P0000.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.89 Med: 1.53 Max: 4.7
Current: 1.53

During the past 13 years, MCB Group's highest Cash to Debt Ratio was 4.70. The lowest was 0.89. And the median was 1.53.

XMAU:MCBG.P0000.PFD's Cash-to-Debt is not ranked
in the Banks industry.
Industry Median: 1.28 vs XMAU:MCBG.P0000.PFD: 1.53

MCB Group Cash-to-Debt Historical Data

The historical data trend for MCB Group'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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MCB Group Cash-to-Debt Chart

MCB Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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1.02

1.52

1.54

0.97

1.34

MCB Group 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															1.64	1.34	1.13	1.29	1.53

Competitive Comparison of MCB Group's Cash-to-Debt

For the Banks - Regional subindustry, MCB Group'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.

MCB Group's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, MCB Group's Cash-to-Debt distribution charts can be found below:

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

MCB Group Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

MCB Group's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	156533	/	(0	+	116768)
	=	1.34

MCB Group's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	142420	/	(0	+	93303)
	=	1.53

MCB Group (XMAU:MCBG.P0000.PFD) 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.

MCB Group Cash-to-Debt Related Terms

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MCB Group (XMAU:MCBG.P0000.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MCB Group Ltd (XMAU:MCBG.P0000.PFD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

9-15, Sir William Newton Street, P.O. Box 52, Port Louis, MUS

Website

https://www.mcbgroup.com

MCB Group Ltd is an integrated financial services provider based in Mauritius. Its core business is to provide banking and non-banking solutions through its local and foreign subsidiaries and associates. The company serves its customer by providing saving and fixed deposit schemes, loans, advances, insurance, credit facilities for the day-to-day needs of various customer segments, including high net worth clients. It also focuses on catering to customers across the globe by providing international financial services to gain foreign source income. The company's operating segment include Banking; Non-Banking Financial and Other Investments. It generates maximum revenue from the Banking segment.

MCB Group (XMAU:MCBG.P0000.PFD) Headlines

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