Recylex (FRA:MEP) Cash-to-Debt : 0.28 (As of Dec. 2020)

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What is Recylex 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. Recylex's cash to debt ratio for the quarter that ended in Dec. 2020 was 0.28.

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, Recylex couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2020.

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

FRA:MEP's Cash-to-Debt is not ranked ^*
in the Metals & Mining industry.
Industry Median: 17.605
* Ranked among companies with meaningful Cash-to-Debt only.

Recylex Cash-to-Debt Historical Data

The historical data trend for Recylex'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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Recylex Cash-to-Debt Chart

Recylex Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

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0.18

0.08

0.07

0.06

0.28

Recylex Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
Cash-to-Debt	Get a 7-Day Free Trial															0.07	N/A	0.06	0.57	0.28

Competitive Comparison of Recylex's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Recylex'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.

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

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

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

Recylex 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.

Recylex's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 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)
	=	6.544	/	(17.727	+	5.777)
	=	0.28

Recylex's Cash to Debt Ratio for the quarter that ended in Dec. 2020 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)
	=	6.544	/	(17.727	+	5.777)
	=	0.28

Recylex (FRA:MEP) 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.

Recylex Cash-to-Debt Related Terms

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

Recylex (FRA:MEP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Recylex SA (FRA:MEP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

79 Rue Jean-Jaques Rousseau, Suresnes Cedex, Paris, FRA, 92158

Website

http://www.recylex.fr

Recylex SA is specialized in the recycling of lead from used automotive and industrial batteries, zinc recycling from electrical steel mill dust and old zinc and recycling of polypropylene from used battery casings and other industrial waste such as car parts and construction waste. It is also engaged in the production of special metals used in the electronics sector, the optical industry and cutting-edge technologies. The company provides corporate services and also conducts business of processing scrap lead-acid batteries at two sites in France.

Recylex (FRA:MEP) Headlines

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