Multi Commodity Exchange of India (NSE:MCX) Cash-to-Debt : 800.11 (As of Mar. 2024)

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What is Multi Commodity Exchange of India 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. Multi Commodity Exchange of India's cash to debt ratio for the quarter that ended in Mar. 2024 was 800.11.

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, Multi Commodity Exchange of India could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Multi Commodity Exchange of India's Cash-to-Debt or its related term are showing as below:

NSE:MCX' s Cash-to-Debt Range Over the Past 10 Years
Min: 477.88 Med: 5657.54 Max: No Debt
Current: 800.11

During the past 13 years, Multi Commodity Exchange of India's highest Cash to Debt Ratio was No Debt. The lowest was 477.88. And the median was 5657.54.

NSE:MCX's Cash-to-Debt is ranked better than
84.53% of 795 companies
in the Capital Markets industry
Industry Median: 1.89 vs NSE:MCX: 800.11

Multi Commodity Exchange of India Cash-to-Debt Historical Data

The historical data trend for Multi Commodity Exchange of India'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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Multi Commodity Exchange of India Cash-to-Debt Chart

Multi Commodity Exchange of India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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631.29

477.88

1,315.07

520.77

800.11

Multi Commodity Exchange of India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	520.77	1,416.96	N/A	800.11

Competitive Comparison of Multi Commodity Exchange of India's Cash-to-Debt

For the Financial Data & Stock Exchanges subindustry, Multi Commodity Exchange of India'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.

Multi Commodity Exchange of India's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Multi Commodity Exchange of India's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Multi Commodity Exchange of India's Cash-to-Debt falls into.

Multi Commodity Exchange of India 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.

Multi Commodity Exchange of India's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 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)
	=	13281.9	/	(7.5	+	9.1)
	=	800.11

Multi Commodity Exchange of India's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	13281.9	/	(7.5	+	9.1)
	=	800.11

Multi Commodity Exchange of India (NSE:MCX) 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.

Multi Commodity Exchange of India Cash-to-Debt Related Terms

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

Multi Commodity Exchange of India (NSE:MCX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Multi Commodity Exchange of India Ltd (NSE:MCX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

534091:India

Address

Suren Road, Exchange Square, Chakala, Andheri (East), Mumbai, MH, IND, 400093

Website

https://www.mcxindia.com

Multi Commodity Exchange of India Ltd is an India-based deemed Stock Exchange recognized under the Securities Contracts (Regulation) Act, 1956. The company facilitates online trading, and clearing and settlement of commodity futures transactions, thereby providing a platform for risk management. The company is a demutualized Exchange and has permanent recognition from the Government of India to facilitate nationwide online trading, clearing, and settlement operations of commodity derivatives. The company derives its revenues from transaction fees, admission fees, annual subscription fees, terminal charges, connectivity income, interest income, dividends from and gains on the sale of investments, and other miscellaneous income.

Multi Commodity Exchange of India (NSE:MCX) Headlines

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