Meier Tobler Group AG (XSWX:MTG) Cash-to-Debt : 0.90 (As of Dec. 2023)

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What is Meier Tobler Group AG 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. Meier Tobler Group AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.90.

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, Meier Tobler Group AG 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 Meier Tobler Group AG's Cash-to-Debt or its related term are showing as below:

XSWX:MTG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: 0.45 Max: 0.9
Current: 0.9

During the past 13 years, Meier Tobler Group AG's highest Cash to Debt Ratio was 0.90. The lowest was 0.17. And the median was 0.45.

XSWX:MTG's Cash-to-Debt is ranked worse than
55.33% of 3000 companies
in the Industrial Products industry
Industry Median: 1.22 vs XSWX:MTG: 0.90

Meier Tobler Group AG Cash-to-Debt Historical Data

The historical data trend for Meier Tobler Group AG'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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Meier Tobler Group AG Cash-to-Debt Chart

Meier Tobler Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.26

0.50

0.76

0.90

Meier Tobler Group AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.76	0.40	0.76	0.17	0.90

Competitive Comparison of Meier Tobler Group AG's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Meier Tobler Group AG'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.

Meier Tobler Group AG's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Meier Tobler Group AG's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Meier Tobler Group AG's Cash-to-Debt falls into.

Meier Tobler Group AG 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.

Meier Tobler Group AG's Cash to Debt Ratio for the fiscal year 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)
	=	18.797	/	(0	+	21)
	=	0.90

Meier Tobler Group AG'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)
	=	18.797	/	(0	+	21)
	=	0.90

Meier Tobler Group AG (XSWX:MTG) 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.

Meier Tobler Group AG Cash-to-Debt Related Terms

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Meier Tobler Group AG (XSWX:MTG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Meier Tobler Group AG (XSWX:MTG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MTGz:UK MTGE:Switzerland

Address

Feldstrasse 11, Nebikon, CHE, 6244

Website

https://www.meiertobler.ch

Meier Tobler Group AG is a Switzerland based company. Along with its subsidiaries, it is a wholesale and manufacturing technology group with a core focus on manufacturing and climate technology. The firm provides consultancy services and systems for building service planners, installers, architects and builders. Its products include heat pumps, chillers, dry coolers, air heaters, chilled beams, water heater, sewage systems, floor and underfloor convectors, among others. It also offers heating, ventilation, and air services and maintenance.