Atlantic Lithium (LSE:ALL) Cash-to-Debt : 14.60 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Atlantic Lithium 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. Atlantic Lithium's cash to debt ratio for the quarter that ended in Dec. 2023 was 14.60.

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, Atlantic Lithium could pay off its debt using the cash in hand for the quarter that ended in Dec. 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 Atlantic Lithium's Cash-to-Debt or its related term are showing as below:

LSE:ALL' s Cash-to-Debt Range Over the Past 10 Years
Min: 3 Med: No Debt Max: No Debt
Current: 14.6

During the past 13 years, Atlantic Lithium's highest Cash to Debt Ratio was No Debt. The lowest was 3.00. And the median was No Debt.

LSE:ALL's Cash-to-Debt is ranked worse than
51.78% of 2636 companies
in the Metals & Mining industry
Industry Median: 17.81 vs LSE:ALL: 14.60

Atlantic Lithium Cash-to-Debt Historical Data

The historical data trend for Atlantic Lithium'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.

Atlantic Lithium Cash-to-Debt Chart

Atlantic Lithium Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

Atlantic Lithium Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	14.60

Competitive Comparison of Atlantic Lithium's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Atlantic Lithium'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.

Atlantic Lithium's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Atlantic Lithium's Cash-to-Debt distribution charts can be found below:

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

Atlantic Lithium 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.

Atlantic Lithium's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Atlantic Lithium had no debt ⁽¹⁾.

Atlantic Lithium'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)
	=	5.11	/	(0	+	0.35)
	=	14.60

Atlantic Lithium (LSE:ALL) 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.

Atlantic Lithium Cash-to-Debt Related Terms

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

Atlantic Lithium (LSE:ALL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Atlantic Lithium Ltd (LSE:ALL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ALLIF:USA BSG0:Germany A11:Australia

Address

264 George Street, Level 33, Australia Square, Sydney, NSW, AUS, 2000

Website

https://www.atlanticlithium.com.au

Atlantic Lithium Ltd is an Australia-based lithium exploration company. It owns an extensive portfolio of exploration and development assets providing exploration upside across both Ghana and Cote d'Ivoire.