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MTI Wireless Edge (LSE:MWE) Cash-to-Debt : 24.54 (As of Jun. 2023)


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What is MTI Wireless Edge 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. MTI Wireless Edge's cash to debt ratio for the quarter that ended in Jun. 2023 was 24.54.

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, MTI Wireless Edge could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

LSE:MWE' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.49   Med: 6.04   Max: 18.13
Current: 6.72

During the past 13 years, MTI Wireless Edge's highest Cash to Debt Ratio was 18.13. The lowest was 1.49. And the median was 6.04.

LSE:MWE's Cash-to-Debt is ranked better than
74.26% of 2471 companies
in the Hardware industry
Industry Median: 1.35 vs LSE:MWE: 6.72

MTI Wireless Edge Cash-to-Debt Historical Data

The historical data trend for MTI Wireless Edge'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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MTI Wireless Edge Cash-to-Debt Chart

MTI Wireless Edge Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.64 18.13 13.42 9.27 6.72

MTI Wireless Edge Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.60 9.27 23.11 24.54 6.72

Competitive Comparison of MTI Wireless Edge's Cash-to-Debt

For the Communication Equipment subindustry, MTI Wireless Edge'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.


MTI Wireless Edge's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MTI Wireless Edge's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where MTI Wireless Edge's Cash-to-Debt falls into.



MTI Wireless Edge 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.

MTI Wireless Edge's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

MTI Wireless Edge's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

* 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.


MTI Wireless Edge  (LSE:MWE) 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.


MTI Wireless Edge Cash-to-Debt Related Terms

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


MTI Wireless Edge (LSE:MWE) Business Description

Traded in Other Exchanges
Address
11 Hamelacha Street, Afek Industrial Park, Rosh-Ha'Ayin, ISR, 4809121
MTI Wireless Edge Ltd is an Israel-based company engaged in three segments; the antennas segment includes the development, design, manufacture, and marketing of antennas for the military and civilian sectors, Water solutions segment is a provider of remote control solutions for water and irrigation applications based on Motorola's IRRInet state of the art control, monitoring and communication technologies, and Distribution and Consultation segment provides consulting representation, and marketing services to foreign companies in the field of RF (radio frequency) and Microwave, including engineering services in the field of aerostat systems and system engineering services, and development, manufacture, and integration of communication systems and monitoring and control systems.

MTI Wireless Edge (LSE:MWE) Headlines

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