Market Connections Asia PCL (BKK:MCA) Cash-to-Debt : 202.72 (As of Dec. 2023)

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What is Market Connections Asia PCL 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. Market Connections Asia PCL's cash to debt ratio for the quarter that ended in Dec. 2023 was 202.72.

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, Market Connections Asia PCL 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 Market Connections Asia PCL's Cash-to-Debt or its related term are showing as below:

BKK:MCA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.25 Med: 0.31 Max: 202.72
Current: 202.72

During the past 3 years, Market Connections Asia PCL's highest Cash to Debt Ratio was 202.72. The lowest was 0.25. And the median was 0.31.

BKK:MCA's Cash-to-Debt is ranked better than
90.7% of 1000 companies
in the Media - Diversified industry
Industry Median: 1.235 vs BKK:MCA: 202.72

Market Connections Asia PCL Cash-to-Debt Historical Data

The historical data trend for Market Connections Asia PCL'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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Market Connections Asia PCL Cash-to-Debt Chart

Market Connections Asia PCL Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

0.31

0.25

202.72

Market Connections Asia PCL Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	0.31	N/A	0.25	0.04	202.72

Competitive Comparison of Market Connections Asia PCL's Cash-to-Debt

For the Advertising Agencies subindustry, Market Connections Asia PCL'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.

Market Connections Asia PCL's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Market Connections Asia PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Market Connections Asia PCL's Cash-to-Debt falls into.

Market Connections Asia PCL 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.

Market Connections Asia PCL'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)
	=	142.713	/	(0.649	+	0.055)
	=	202.72

Market Connections Asia PCL'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)
	=	142.713	/	(0.649	+	0.055)
	=	202.72

Market Connections Asia PCL (BKK:MCA) 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.

Market Connections Asia PCL Cash-to-Debt Related Terms

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

Market Connections Asia PCL (BKK:MCA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Market Connections Asia PCL (BKK:MCA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

51/859 Soi Nuanchan 34, Nuanchan Subdistrict, Bueng Kum, Bangkok, THA, 10230

Website

https://www.marketconnectionsasia.com

Market Connections Asia PCL is a company that does integrated marketing activities both offline and online. The company focuses on providing services. and is a coordinating medium To increase sales in various trade channels Ready to provide service and support in taking care of every aspect of the work process. in order to get effective results. The company's business segment includes Marketing and digital activities, Packing and logistics, Product consultants, and Merchandising. The company generates the majority of its revenue from Merchandising, and Marketing and digital activities.

Market Connections Asia PCL (BKK:MCA) Headlines

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