What is MSP Recovery 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. MSP Recovery's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.02.
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, MSP Recovery couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.
The historical rank and industry rank for MSP Recovery's Cash-to-Debt or its related term are showing as below:
LIFW'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.49
Current: 0.02
During the past 4 years, MSP Recovery's highest Cash to Debt Ratio was 0.49. The lowest was 0.01. And the median was 0.02.
MSP Recovery Cash-to-Debt Historical Data
The historical data trend for MSP Recovery'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.
MSP Recovery Cash-to-Debt Chart
|
MSP Recovery Annual Data
|
|
Trend |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Cash-to-Debt |
|
0.49 |
0.02 |
0.01 |
0.02 |
|
MSP Recovery Quarterly Data
|
|
Dec20 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Cash-to-Debt |
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|
|
|
|
|
0.01 |
0.04 |
0.01 |
0.01 |
0.02 |
Competitive Comparison of MSP Recovery's Cash-to-Debt
For the Health Information Services subindustry, MSP Recovery'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.
MSP Recovery's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, MSP Recovery's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where MSP Recovery's Cash-to-Debt falls into.
MSP Recovery 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.
MSP Recovery's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
MSP Recovery's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:
* 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.
MSP Recovery (MSP Recovery) Business Description
Traded in Other Exchanges
Address
2701 South Le Jeune Road, 10th Floor, Coral Gables, FL, USA, 33134
MSP Recovery Inc is a healthcare recoveries and data analytics company. The business model includes two principal lines of business: Claims Recovery and Chase to Pay Services. It offers an antiquated healthcare reimbursement system with data-driven solutions to secure recoveries against responsible parties. MSP Recovery provides the healthcare industry with comprehensive compliance solutions platform to recover any claims where the law places primary payment responsibility on another payer.
Executives
| Cano Health, Inc. |
10 percent owner |
9725 NW 117TH AVENUE, SUITE 200, MIAMI FL 33178 |
| John Hasan Ruiz |
director, 10 percent owner, officer: Chief Executive Officer |
C/O MSP RECOVERY, 2701 S LE JEUNE ROAD, 10TH FLOOR, CORAL GABLES FL 33134-5809 |
| Frank Carlos Quesada |
director, 10 percent owner, officer: See Remarks |
C/O MSP RECOVERY, 2701 S LE JEUNE ROAD, 10TH FLOOR, CORAL GABLES FL 33134-5809 |
| Ricardo Rivera |
officer: See Remarks |
C/O MSP RECOVERY, 2701 S LE JEUNE ROAD, 10TH FLOOR, CORAL GABLES FL 33134-5809 |
| Nomura Securities International Inc |
10 percent owner |
WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019 |
| Calvin Hamstra |
officer: Chief Financial Officer |
2701 S LE JEUNE ROAD, 10TH FLOOR, CORAL GABLES FL 33134-5809 |
| Alexandra Marie Plasencia |
officer: General Counsel |
C/O MSP RECOVERY, 2701 S LE JEUNE ROAD, 10TH FLOOR, CORAL GABLES FL 33134-5809 |
| Thomas W Hawkins |
director |
GERALD STEVENS INC, PO BOX 350526, FORT LAUDERDALE FL 33335-0526 |
| Ophir Sternberg |
director, 10 percent owner |
C/O OPES ACQUISITION CORP., JAVIER BARROS SIERRA 540, OF. 103, MEXICO CITY O5 01210 |
| Michael Frederick Arrigo |
director |
2701 S LE JEUNE ROAD, 10TH FLOOR, CORAL GABLES FL 33134-5809 |
| Nomura Holdings Inc |
10 percent owner |
1-13-1 NIHONBASHI, CHUO-KU, TOKYO M0 103-8645 |
| Oliver Spv Holdings Llc |
10 percent owner |
822 OLIVER ST., WOODMERE NY 11598 |
| Boris Hirmas |
10 percent owner |
4128 NE 2ND AVENUE, MIAMI FL 33137 |
| Jls Equities Llc |
10 percent owner |
58 LARCH HILL ROAD, LAWRENCE NY 11559 |
| Jessica Wasserstrom |
10 percent owner |
4128 NE 2ND AVENUE, MIAMI FL 33137 |
MSP Recovery (MSP Recovery) Headlines
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