Machten (Machten) Cash-to-Debt : 0.10 (As of Sep. 2023)

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What is Machten 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. Machten's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.10.

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, Machten couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

MACT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 1.68 Max: 3.27
Current: 0.1

During the past 0 years, Machten's highest Cash to Debt Ratio was 3.27. The lowest was 0.10. And the median was 1.68.

MACT's Cash-to-Debt is ranked worse than
76.25% of 379 companies
in the Telecommunication Services industry
Industry Median: 0.35 vs MACT: 0.10

Machten Cash-to-Debt Historical Data

The historical data trend for Machten'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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Machten Cash-to-Debt Chart

Machten Annual Data

Trend

Cash-to-Debt

Machten Quarterly Data
	Jun22	Sep22	Jun23	Sep23
Cash-to-Debt	N/A	N/A	3.27	0.10

Competitive Comparison of Machten's Cash-to-Debt

For the Telecom Services subindustry, Machten'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.

Machten's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Machten's Cash-to-Debt distribution charts can be found below:

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

Machten 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.

Machten's Cash to Debt Ratio for the fiscal year that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Machten'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)
	=	1.567	/	(15.078	+	0.644)
	=	0.10

Machten (OTCPK:MACT) 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.

Machten Cash-to-Debt Related Terms

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

Machten (Machten) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Machten Inc (OTCPK:MACT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1516 Barlow Street, Suite D, Traverse City, MI, USA, 49686

Website

Machten Inc is an integrated provider of voice, broadband, and internet access services. It provides high-speed broadband services, including internet access, through fiber optic facilities, copper-based DSL, fixed wireless facilities, and coaxial cable via cable modems.

Executives

Mario J Gabelli	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Ggcp, Inc.	10 percent owner	189 MASON STREET, GREENWICH CT 06830
Ggcp Holdings Llc	10 percent owner	140 GREENWICH AVENUE, GREENWICH CT 06830
Lict Corp	10 percent owner	401 THEODORE FREMD AVE, RYE NY 10580
Patrick J Hansen	director	C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Stephen J. Moore	officer: Interim CFO	C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Katherine Tansey	director	C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Gary L Sugarman	director	C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Philip J. Lombardo	director	C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Daniel M. Miller	director, officer: Chief Executive Officer	C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686

Machten (Machten) Headlines

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