Atalaya Mining (LSE:ATYM) Cash-to-Debt : 1.70 (As of Dec. 2023)

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What is Atalaya Mining 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. Atalaya Mining's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.70.

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

LSE:ATYM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.68 Med: 4.38 Max: No Debt
Current: 1.7

During the past 13 years, Atalaya Mining's highest Cash to Debt Ratio was No Debt. The lowest was 0.68. And the median was 4.38.

LSE:ATYM's Cash-to-Debt is ranked worse than
64.87% of 2636 companies
in the Metals & Mining industry
Industry Median: 17.81 vs LSE:ATYM: 1.70

Atalaya Mining Cash-to-Debt Historical Data

The historical data trend for Atalaya Mining'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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Atalaya Mining Cash-to-Debt Chart

Atalaya Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.34

7.03

1.74

1.61

1.70

Atalaya Mining 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															1.61	1.73	2.32	2.10	1.70

Competitive Comparison of Atalaya Mining's Cash-to-Debt

For the Copper subindustry, Atalaya Mining'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.

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

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

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

Atalaya Mining 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.

Atalaya Mining'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)
	=	104.274	/	(43.986	+	17.237)
	=	1.70

Atalaya Mining'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)
	=	104.274	/	(43.986	+	17.237)
	=	1.70

Atalaya Mining (LSE:ATYM) 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.

Atalaya Mining Cash-to-Debt Related Terms

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

Atalaya Mining (LSE:ATYM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Atalaya Mining PLC (LSE:ATYM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ATLMF:USA E5S1:Germany

Address

1 Lampousa Street, Nicosia, CYP, 1095

Website

https://www.atalayamining.com

Atalaya Mining PLC is a European mining and development company. The strategy is to evaluate and prioritise metal production opportunities in several jurisdictions throughout the well-known belts of base and precious metal mineralisation in Spain, elsewhere in European and Latin America. The Group currently owns four mining projects, namely, Proyecto Riotinto, Proyecto Touro, Proyecto Masa Valverde and Proyecto Ossa Morena. In addition, the company has an earn-in agreement to acquire three investigation permits at Proyecto Riotinto Este. The Group's mining activities are located in Spain.

Atalaya Mining (LSE:ATYM) Headlines

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