Morgan Group Holding Co (Morgan Group Holding Co) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

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

What is Morgan Group Holding Co 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. Morgan Group Holding Co's cash to debt ratio for the quarter that ended in Sep. 2023 was No Debt ⁽¹⁾.

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, Morgan Group Holding Co could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

(1) 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.

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

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

During the past 13 years, Morgan Group Holding Co's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

MGHL's Cash-to-Debt is ranked better than
99.37% of 795 companies
in the Capital Markets industry
Industry Median: 1.89 vs MGHL: No Debt

Morgan Group Holding Co Cash-to-Debt Historical Data

The historical data trend for Morgan Group Holding Co'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.

Morgan Group Holding Co Cash-to-Debt Chart

Morgan Group Holding Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

Morgan Group Holding Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Morgan Group Holding Co's Cash-to-Debt

For the Capital Markets subindustry, Morgan Group Holding Co'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.

Morgan Group Holding Co's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Morgan Group Holding Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Morgan Group Holding Co's Cash-to-Debt falls into.

Morgan Group Holding Co 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.

Morgan Group Holding Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Morgan Group Holding Co had no debt ⁽¹⁾.

Morgan Group Holding Co's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Morgan Group Holding Co had no debt ⁽¹⁾.

Morgan Group Holding Co (OTCPK:MGHL) 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.

Morgan Group Holding Co Cash-to-Debt Related Terms

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

Morgan Group Holding Co (Morgan Group Holding Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Morgan Group Holding Co (OTCPK:MGHL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

401 Theodore Fremd Avenue, Rye, NY, USA, 10580

Website

https://www.morgangroupholdingco.com

Morgan Group Holding Co through its wholly own subsidiary operates in institutional research and securities brokerage business. It provides underwriting and institutional research services. The firm derives revenue from institutional research services, underwriting fees, and selling concessions.

Executives

Claudia B Carucci	10 percent owner	17 EAGLE ISLAND PLACE, SHELDON SC 29941-3017
Uncle Mills Partners, Llc	10 percent owner	17 EAGLE ISLAND PLACE, SHELDON SC 29941-3017
Bernard Zimmerman	10 percent owner, other: See Remarks	18 HIGH MEADOW RD, WESTON CT 06883
Carucci Walter P /ny	10 percent owner, other: See Remarks	C/O CARR SECURITIES CORP, 14 VANDERVENTER AVENUE, SUITE 210, PORT WASHINGTON NY 11050

Morgan Group Holding Co (Morgan Group Holding Co) Cash-to-Debt : No Debt (1) (As of Sep. 2023)