Mabuhay Vinyl (PHS:MVC) Cash-to-Debt : 7.37 (As of Mar. 2024)

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What is Mabuhay Vinyl 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. Mabuhay Vinyl's cash to debt ratio for the quarter that ended in Mar. 2024 was 7.37.

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

PHS:MVC' s Cash-to-Debt Range Over the Past 10 Years
Min: 6 Med: 65.01 Max: No Debt
Current: 7.37

During the past 13 years, Mabuhay Vinyl's highest Cash to Debt Ratio was No Debt. The lowest was 6.00. And the median was 65.01.

PHS:MVC's Cash-to-Debt is ranked better than
79.95% of 1546 companies
in the Chemicals industry
Industry Median: 0.74 vs PHS:MVC: 7.37

Mabuhay Vinyl Cash-to-Debt Historical Data

The historical data trend for Mabuhay Vinyl'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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Mabuhay Vinyl Cash-to-Debt Chart

Mabuhay Vinyl Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

39.23

41.23

9.82

10.45

6.00

Mabuhay Vinyl Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															11.37	11.82	15.72	6.00	7.37

Competitive Comparison of Mabuhay Vinyl's Cash-to-Debt

For the Chemicals subindustry, Mabuhay Vinyl'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.

Mabuhay Vinyl's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mabuhay Vinyl's Cash-to-Debt distribution charts can be found below:

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

Mabuhay Vinyl 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.

Mabuhay Vinyl'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)
	=	773.939	/	(12.8	+	116.118)
	=	6.00

Mabuhay Vinyl'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)
	=	927.552	/	(13.08	+	112.71)
	=	7.37

Mabuhay Vinyl (PHS:MVC) 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.

Mabuhay Vinyl Cash-to-Debt Related Terms

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Mabuhay Vinyl (PHS:MVC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Mabuhay Vinyl Corp (PHS:MVC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

169 H.V. Dela Costa Street, 22nd Floor, The Salcedo Towers, Salcedo Village, Makati City, PHL, 1227

Website

https://www.mvc.com.ph

Mabuhay Vinyl Corp is a Philippines based Chlor-Alkali chemical producer. It focuses on manufacturing and distributing basic and intermediate chemicals. Some of its products are caustic soda, hydrochloric acid, sodium hypochlorite and chlorine which are widely used in diversified industries. The Group considers the manufacturing and distribution of basic and intermediate chemicals as its business activity and only operating segment.