Malibu Boats (Malibu Boats) Cash-to-Debt : 1.50 (As of Dec. 2023)

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What is Malibu Boats 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. Malibu Boats's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.50.

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, Malibu Boats could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

MBUU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.47 Max: No Debt
Current: 1.5

During the past 13 years, Malibu Boats's highest Cash to Debt Ratio was No Debt. The lowest was 0.11. And the median was 0.47.

MBUU's Cash-to-Debt is ranked better than
68.24% of 1291 companies
in the Vehicles & Parts industry
Industry Median: 0.56 vs MBUU: 1.50

Malibu Boats Cash-to-Debt Historical Data

The historical data trend for Malibu Boats'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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Malibu Boats Cash-to-Debt Chart

Malibu Boats Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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0.24

0.40

0.29

0.69

33.97

Malibu Boats 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															0.69	1.56	33.97	0.68	1.50

Competitive Comparison of Malibu Boats's Cash-to-Debt

For the Recreational Vehicles subindustry, Malibu Boats'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.

Malibu Boats's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Malibu Boats's Cash-to-Debt distribution charts can be found below:

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

Malibu Boats 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.

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

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	78.937	/	(2.324	+	0)
	=	33.97

Malibu Boats's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	55.722	/	(2.283	+	35)
	=	1.49

Malibu Boats (NAS:MBUU) 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.

Malibu Boats Cash-to-Debt Related Terms

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Malibu Boats (Malibu Boats) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Malibu Boats Inc (NAS:MBUU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MBUU:Mexico M05:Germany

Address

5075 Kimberly Way, Loudon, TN, USA, 37774

Website

https://www.malibuboats.com

Malibu Boats is a leading designer and manufacturer of power boats in the United States. It is the market leader in performance sport boats, sold under its Malibu and Axis brands. It acquired Cobalt Boats, a leading producer of sterndrive boats in the U.S. in the 24-foot to 29-foot segment, and Pursuit Boats, which makes high-end offshore and outboard motorboats in 2018. In 2021, it purchased Maverick Boat Group, a leading seller of flat fishing boats, with exposure to bay, dual-console, and center-console boats. Malibu has also expanded into boat trailers and accessories, and in 2020 began producing its own engines (Monsoon) for its performance sport boats and now for Cobalt. Malibu's target market includes a wide range of water enthusiasts who embrace the active outdoor lifestyle.

Executives

David Scott Black	officer: Interim CFO	C/O MALIBU BOATS, INC., 5075 KIMBERLY WAY, LOUDON TN 37774
Ritchie L. Anderson	officer: Chief Operating Officer	5075 KIMBERLY WAY, LOUDON TN 37774
Springer Jackie D. Jr.	officer: Chief Executive Officer	5075 KIMBERLY WAY, LOUDON TN 37774
Nancy M Taylor	director	TREDEGAR CORP, 1100 BOULDERS PARKWAY, RICHMOND VA 23219
Peter E Murphy	director	ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Wayne R. Wilson	officer: Chief Financial Officer	5075 KIMBERLY WAY, LOUDON TN 37774
Mark W. Lanigan	director, 10 percent owner	5075 KIMBERLY WAY, LOUDON TN 37774
Michael K. Hooks	director, 10 percent owner	2000 AVENUE OF THE STARS, LOS ANGELES CA 90067
Joan M Lewis	director	C/O MALIBU BOATS, INC., 5075 KIMBERLY WAY, LOUDON TN 37774
Deborah S. Kent	officer: VP Human Resources	5075 KIMBERLY WAY, LOUDON TN 37774
Phillip S. Estes	director	5075 KIMBERLY WAY, LOUDON TN 37774
St Clair William Paxson Jr	director, officer: President of Cobalt Boats, LLC	2625 VERONA ROAD, MISSION HILLS KS 66208
Dan L. Gasper	officer: VP of Product Design	5075 KIMBERLY WAY, LOUDON TN 37774
Black Canyon Investments, L.p.	10 percent owner	2000 AVENUE OF THE STARS, 11TH FLOOR, LOS ANGELES CA 90067
Canyon Value Realization Master Fund, L.p.	10 percent owner	2000 AVENUE OF THE STARS, 11TH FLOOR, LOS ANGELES CA 90067