Maiden Holdings (Maiden Holdings) Cash-to-Debt : 0.14 (As of Dec. 2023)

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What is Maiden 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. Maiden Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.14.

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

MHpC.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.2 Max: 0.79
Current: 0.14

During the past 13 years, Maiden Holdings's highest Cash to Debt Ratio was 0.79. The lowest was 0.10. And the median was 0.20.

MHpC.PFD's Cash-to-Debt is ranked worse than
93.15% of 482 companies
in the Insurance industry
Industry Median: 1.83 vs MHpC.PFD: 0.14

Maiden Holdings Cash-to-Debt Historical Data

The historical data trend for Maiden 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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Maiden Holdings Cash-to-Debt Chart

Maiden Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.19

0.29

0.10

0.12

0.14

Maiden Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.12	0.10	0.07	0.07	0.14

Competitive Comparison of Maiden Holdings's Cash-to-Debt

For the Insurance - Reinsurance subindustry, Maiden 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.

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

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

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

Maiden 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.

Maiden Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	35.412	/	(0	+	254.597)
	=	0.14

Maiden Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	35.412	/	(0	+	254.597)
	=	0.14

Maiden Holdings (NYSE:MHpC.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.

Maiden Holdings Cash-to-Debt Related Terms

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Maiden Holdings (Maiden Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Maiden Holdings Ltd (NYSE:MHpC.PFD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MHLD:USA

Address

94 Pitts Bay Road, Ideation House, 1st Floor, Pembroke, BMU, HM 08

Website

https://www.maiden.bm

Maiden Holdings Ltd provides reinsurance products and services to regional and specialty property and casualty insurers. The company operates in two segments: AmTrust Reinsurance and Diversified Reinsurance. The AmTrust Reinsurance segment provides products that cover workers' compensation, commercial package, commercial auto, and extended warranty. The Diversified Reinsurance segment provides small and midsize regional and specialty insurers with reinsurance capital products. The company has underwriting operations in Bermuda and the United States, along with business development teams in the United Kingdom, Germany, and other markets.