Mongolia Growth Group (Mongolia Growth Group) Cash-to-Debt

: 978.46 (As of Sep. 2023)

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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. Mongolia Growth Group's cash to debt ratio for the quarter that ended in Sep. 2023 was 978.46.

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, Mongolia Growth Group could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

MNGGF' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.03 Med: 869.53 Max: No Debt
Current: 970.9

During the past 13 years, Mongolia Growth Group's highest Cash to Debt Ratio was No Debt. The lowest was 1.03. And the median was 869.53.

MNGGF's Cash-to-Debt is ranked better than
93.31% of 1793 companies
in the Real Estate industry
Industry Median: 0.26 vs MNGGF: 970.90

Mongolia Growth Group Cash-to-Debt Historical Data

The historical data trend for Mongolia Growth Group'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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Mongolia Growth Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

6.89

No Debt

301.55

668.19

858.05

Mongolia Growth Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt																755.49	858.05	702.39	609.16	978.46

Competitive Comparison

For the Real Estate Services subindustry, Mongolia Growth Group'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.

Mongolia Growth Group Cash-to-Debt Distribution

For the Real Estate industry and Real Estate sector, Mongolia Growth Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Mongolia Growth Group's Cash-to-Debt falls into.

Mongolia Growth Group 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.

Mongolia Growth Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	37.754	/	(0.044	+	0)
	=	858.05

Mongolia Growth Group's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	43.052	/	(0.044	+	0)
	=	978.45

Mongolia Growth Group (OTCPK:MNGGF) 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.

Mongolia Growth Group Cash-to-Debt Related Terms

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Mongolia Growth Group (Mongolia Growth Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mongolia Growth Group Ltd (OTCPK:MNGGF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

YAK:Canada

Address

100 King Street West, 56th Floor Suite 5600, First Canadian Place, Toronto, ON, CAN, M5X 1C9

Website

https://www.mongoliagrowthgroup.com

Mongolia Growth Group Ltd is a real estate investment and development company. It owns commercial investment property assets in Ulaanbaatar, Mongolia. The company operates through three segments: investment property operations, subscription products, and corporate. The Investment Property operations consist of commercial and residential investment property in Mongolia held for the purposes of rental revenue, capital appreciation, or redevelopment.