Medibank Pvt (ASX:MPL) Cash-to-Debt : 2.15 (As of Dec. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Medibank Pvt 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. Medibank Pvt's cash to debt ratio for the quarter that ended in Dec. 2024 was 2.15.

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

ASX:MPL' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.15 Med: No Debt Max: No Debt
Current: 2.15

During the past 10 years, Medibank Pvt's highest Cash to Debt Ratio was No Debt. The lowest was 2.15. And the median was No Debt.

ASX:MPL's Cash-to-Debt is ranked worse than
50.79% of 504 companies
in the Insurance industry
Industry Median: 2.28 vs ASX:MPL: 2.15

Medibank Pvt Cash-to-Debt Historical Data

The historical data trend for Medibank Pvt'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.

* Premium members only.

Medibank Pvt Cash-to-Debt Chart

Medibank Pvt Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

3.17

Medibank Pvt Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	3.17	2.15

Competitive Comparison of Medibank Pvt's Cash-to-Debt

For the Insurance - Specialty subindustry, Medibank Pvt'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.

Medibank Pvt's Cash-to-Debt Distribution in the Insurance Industry

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

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

Save Embed

;

Save Embed

;

Medibank Pvt 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.

Medibank Pvt's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	691	/	(66.6	+	151.7)
	=	3.17

Medibank Pvt'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)
	=	454	/	(64.8	+	146)
	=	2.15

Medibank Pvt (ASX:MPL) 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.

Medibank Pvt Cash-to-Debt Related Terms

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

Medibank Pvt Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Medibank Pvt Ltd (ASX:MPL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MDBPF:USA MPV:Germany

Address

695 Collins Street, Level 2, Docklands, VIC, AUS, 3008

Website

https://www.medibank.com.au

Previously owned by the Australian government, Medibank is the largest health insurer in Australia. Its two brands, Medibank Private and Ahm, cover around 4 million people. Medibank and Australia's fourth-largest health fund, NIB Holdings, are the only listed health insurers. In addition to private health insurance, the firm provides life, pet, and travel insurance, as well as health insurance for overseas students and temporary overseas workers. The Medibank Health division provides healthcare services to businesses, governments, and communities across Australia and New Zealand.

Medibank Pvt Headlines

No Headlines