Bens Creek Group (LSE:BEN) Cash-to-Debt : 0.04 (As of Sep. 2023)

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What is Bens Creek Group 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. Bens Creek Group's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.04.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Bens Creek Group couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

LSE:BEN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.44
Current: 0.04

During the past 3 years, Bens Creek Group's highest Cash to Debt Ratio was 0.44. The lowest was 0.02. And the median was 0.04.

LSE:BEN's Cash-to-Debt is ranked worse than
90.41% of 615 companies
in the Steel industry
Industry Median: 0.42 vs LSE:BEN: 0.04

Bens Creek Group Cash-to-Debt Historical Data

The historical data trend for Bens Creek Group'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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Bens Creek Group Cash-to-Debt Chart

Bens Creek Group Annual Data

Trend

Mar21

Mar22

Mar23

Cash-to-Debt

0.44

0.02

Bens Creek Group Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial			0.02	0.44	0.34	0.02	0.04

Competitive Comparison of Bens Creek Group's Cash-to-Debt

For the Coking Coal subindustry, Bens Creek Group'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.

Bens Creek Group's Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bens Creek Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Bens Creek Group's Cash-to-Debt falls into.

Bens Creek Group 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.

Bens Creek Group's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	0.389	/	(12.519	+	5.91)
	=	0.02

Bens Creek Group's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	0.957	/	(2.843	+	23.055)
	=	0.04

Bens Creek Group (LSE:BEN) 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.

Bens Creek Group Cash-to-Debt Related Terms

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Bens Creek Group (LSE:BEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bens Creek Group PLC (LSE:BEN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BENCF:USA

Address

15 Stratton Street, London, GBR, W1J 8LQ

Website

https://www.benscreek.com

Bens Creek Group PLC owns and operates metallurgical coal mines in North America. Its main country of operation is the United States of America. The company is engaged in Ben's creek mining project situated in the southern part of the state of West Virginia and the eastern edge of the Commonwealth of Kentucky. The company has two geographical segment, the United Kingdom and the United States of America ("USA"). Activities in the UK are mainly administrative in nature whilst the activities in the USA relate to coal production and sale of coal. Geographically the company derives the majority of its revenue from USA.