MDH Acquisition (MDH Acquisition) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2022)

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What is MDH Acquisition 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. MDH Acquisition's cash to debt ratio for the quarter that ended in Sep. 2022 was No Debt ⁽¹⁾.

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, MDH Acquisition could pay off its debt using the cash in hand for the quarter that ended in Sep. 2022.

(1) 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.

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

MDH's Cash-to-Debt is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 2.34
* Ranked among companies with meaningful Cash-to-Debt only.

MDH Acquisition Cash-to-Debt Historical Data

The historical data trend for MDH Acquisition'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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MDH Acquisition Cash-to-Debt Chart

MDH Acquisition Annual Data

Trend

Dec20

Dec21

Cash-to-Debt

No Debt

MDH Acquisition Quarterly Data
	Aug20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash-to-Debt	Get a 7-Day Free Trial				No Debt	No Debt	N/A	No Debt	No Debt

Competitive Comparison of MDH Acquisition's Cash-to-Debt

For the Shell Companies subindustry, MDH Acquisition'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.

MDH Acquisition's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, MDH Acquisition's Cash-to-Debt distribution charts can be found below:

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

MDH Acquisition 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.

MDH Acquisition's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

MDH Acquisition had no debt ⁽¹⁾.

MDH Acquisition's Cash to Debt Ratio for the quarter that ended in Sep. 2022 is calculated as:

MDH Acquisition had no debt ⁽¹⁾.

MDH Acquisition (NYSE:MDH) 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.

MDH Acquisition Cash-to-Debt Related Terms

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

MDH Acquisition (MDH Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » MDH Acquisition Corp (NYSE:MDH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 N. Carroll Avenue, Suite 100, Southlake, TX, USA, 76092

Website

https://www.mclartydiversified.com

MDH Acquisition Corp is a blank check company. It is formed for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business.

Executives

Franklin Mclarty	director, 10 percent owner	297 WEST HENRI DE TONTI, TONTITOWN AR 72770
Brent Whittington	officer: Chief Financial Officer	4001 RODNEY PARHAM ROAD, LITTLE ROCK AR 72212
Timothy M. Russi	director	200 RENAISSANCE CENTER, MC 482-B09-C24, DETROIT MI 48265-2000
Michael E Maroone	director	909 POINCIANA DRIVE, FORT LAUDERDALE FL 33301
Yavor Efremov	director	1 ALLIED DRIVE, SUITE 1705, LITTLE ROCK TX 72202
Blair Donald Dupree Jr.	10 percent owner, officer: Chief Executive Officer	1 ALLIED DRIVE, SUITE 1705, LITTLE ROCK AR 72202
Darrin Williams	director	1 ALLIED DRIVE, SUITE 1705, LITTLE ROCK AR 72202
Mdih Sponsor Llc	10 percent owner	1 ALLIED DRIVE, SUITE 1705, LITTLE ROCK AR 72202
Chad Estis	director	1 ALLIED DRIVE, SUITE 1705, LITTLE ROCK AR 72202
Jim Wilkinson	director	1 ALLIED DRIVE, SUITE 1705, LITTLE ROCK AR 72202
Mclarty Diversified Intermediate Holdings Llc	10 percent owner	1 ALLIED DRIVE, SUITE 1705, LITTLE ROCK AR 72202