Menora Mivtachim Holdings (XTAE:MMHD) Cash-to-Debt : 1.12 (As of Dec. 2024)

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What is Menora Mivtachim Holdings 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. Menora Mivtachim Holdings's cash to debt ratio for the quarter that ended in Dec. 2024 was 1.12.

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, Menora Mivtachim Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

XTAE:MMHD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.92 Med: 1.22 Max: 2.47
Current: 1.12

During the past 13 years, Menora Mivtachim Holdings's highest Cash to Debt Ratio was 2.47. The lowest was 0.92. And the median was 1.22.

XTAE:MMHD's Cash-to-Debt is ranked worse than
61.32% of 486 companies
in the Insurance industry
Industry Median: 2.115 vs XTAE:MMHD: 1.12

Menora Mivtachim Holdings Cash-to-Debt Historical Data

The historical data trend for Menora Mivtachim Holdings'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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Menora Mivtachim Holdings Cash-to-Debt Chart

Menora Mivtachim Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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1.88

2.47

1.13

0.92

1.12

Menora Mivtachim Holdings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.92	No Debt	No Debt	0.84	1.12

Competitive Comparison of Menora Mivtachim Holdings's Cash-to-Debt

For the Insurance - Life subindustry, Menora Mivtachim Holdings'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.

Menora Mivtachim Holdings's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Menora Mivtachim Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Menora Mivtachim Holdings's Cash-to-Debt falls into.

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Menora Mivtachim Holdings 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.

Menora Mivtachim Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	3983.326	/	(0	+	3565.22)
	=	1.12

Menora Mivtachim Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	3983.326	/	(0	+	3565.22)
	=	1.12

Menora Mivtachim Holdings (XTAE:MMHD) 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.

Menora Mivtachim Holdings Cash-to-Debt Related Terms

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

Menora Mivtachim Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Menora Mivtachim Holdings Ltd (XTAE:MMHD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

Menorah House, 115 Allenby Street, Tel Aviv, ISR, 61008

Website

https://www.menoramivt.co.il

Menora Mivtachim Holdings Ltd is a diversified insurance and finance group that operates in Israel. The company specializes in asset management and diversified insurance services, including general, life, and health insurance. Menora is also active within the capital market in a variety of fields, including corporate finance, investment banking, structured finance, and more. The company offers a broad variety of mutual funds that invest in various avenues in Israel and around the world, while also managing pension products and provident funds. The company's operating segments such as Life insurance and long-term savings, focusing on policies, pension, and provident funds for death and disability risks, Health insurance segment and Property and casualty insurance segment.

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