MCX Technologies (MCX Technologies) Cash-to-Debt : 2.88 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is MCX Technologies 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. MCX Technologies's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.88.

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, MCX Technologies 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 MCX Technologies's Cash-to-Debt or its related term are showing as below:

MCCX' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.88 Med: 5101 Max: No Debt
Current: 2.88

During the past 13 years, MCX Technologies's highest Cash to Debt Ratio was No Debt. The lowest was 2.88. And the median was 5101.00.

MCCX's Cash-to-Debt is not ranked
in the Software industry.
Industry Median: 2.49 vs MCCX: 2.88

MCX Technologies Cash-to-Debt Historical Data

The historical data trend for MCX Technologies'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.

* Premium members only.

MCX Technologies Cash-to-Debt Chart

MCX Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

2.88

MCX Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	0.15	1.55	0.94	2.88

Competitive Comparison of MCX Technologies's Cash-to-Debt

For the Software - Application subindustry, MCX Technologies'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.

MCX Technologies's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, MCX Technologies's Cash-to-Debt distribution charts can be found below:

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

MCX Technologies 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.

MCX Technologies'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)
	=	0.046	/	(0.016	+	0)
	=	2.88

MCX Technologies'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)
	=	0.046	/	(0.016	+	0)
	=	2.88

MCX Technologies (OTCPK:MCCX) 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.

MCX Technologies Cash-to-Debt Related Terms

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

MCX Technologies (MCX Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MCX Technologies Corp (OTCPK:MCCX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

176 South Capital Boulevard, Boise, ID, USA, 83702

Website

https://www.mcorpcx.com

MCX Technologies Corp is focused on delivering digital transformation solutions to customer-centric organizations through integrated marketing, data science, analytics, commerce, and machine learning. It derives revenue from consulting and professional services provided through the Collective Experience, including consulting, digital marketing, data science, and process optimization. Its services and products are expected to be designed to help organizations improve customer experiences, increase customer loyalty, reduce costs, and increase revenue.

Executives

Stephen Shay	officer: Vice President	201 SPEAR STREET, SUITE 1100, SAN FRANCISCO CA 94105
Lynn L Davison	officer: Vice-President, Secretary	291 FAWN DRIVE, SAN ANSELMO CA 94960
Michael Hinshaw	director, 10 percent owner, officer: President	201 SPEAR STREET, SUITE 1100, SAN FRANCISCO CA 94105
Rajesh Makhija	10 percent owner, officer: President and CEO	201 SPEAR STREET, SUITE 1100, SAN FRANCISCO CA 94105
Tricia Tomko	officer: Chief Financial Officer	201 SPEAR STREET, SUITE 1100, SAN FRANCISCO CA 94105
Gregg R Budoi	officer: CHIEF FINANCIAL OFFICER	201 SPEAR STREET, SUITE 1100, SAN FRANCISCO CA 94105
Nii A Quaye	director	201 SPEAR STREET, SUITE 1100, SAN FRANCISCO CA 94105
Matthew Kruchko	director	201 SPEAR STREET, SUITE 1100, SAN FRANCISCO CA 94105
Alex Guidi	10 percent owner	1055 WEST GEORGIA STREET, SUITE 1500, VANCOUVER A1 V6E 4N7
Eva Lundin	10 percent owner	6 RUE DE RIVE, GENEVA V8 1204
Daniel F Carlson	director	38 HUNTER CREEK ROAD, FAIRFAX CA 94930
Macneil Barry A.b.	officer: CFO	13073 29 AVENUE, SURREY A1 V4P 1K1
Rogers Hugh A.d.	director	1928 LINDEN ROAD, VANCOUVER A1 V6M 1E7
Giuseppe J Perone	officer: Corporate Secretary	242 EAST 43RD AVENUE, VANCOUVER A1 V5W 1T2
Ashley Garnot	director	545 GRANADA CRESENT, N. VANCOUVER A1 V7N 3A7