European Metals Holdings (LSE:EMH) Cash-to-Debt : 30.91 (As of Dec. 2023)

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

What is European Metals Holdings 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. European Metals Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 30.91.

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, European Metals Holdings 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 European Metals Holdings's Cash-to-Debt or its related term are showing as below:

LSE:EMH' s Cash-to-Debt Range Over the Past 10 Years
Min: 16.15 Med: No Debt Max: No Debt
Current: 30.91

During the past 12 years, European Metals Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 16.15. And the median was No Debt.

LSE:EMH's Cash-to-Debt is ranked better than
53.46% of 2647 companies
in the Metals & Mining industry
Industry Median: 18.37 vs LSE:EMH: 30.91

European Metals Holdings Cash-to-Debt Historical Data

The historical data trend for European Metals Holdings'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.

European Metals Holdings Cash-to-Debt Chart

European Metals Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

81.06

221.92

214.86

European Metals Holdings 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															64.41	221.92	268.86	214.86	30.91

Competitive Comparison of European Metals Holdings's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, European Metals Holdings'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.

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

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

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

European Metals Holdings 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.

European Metals Holdings's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	4.727	/	(0.022	+	0)
	=	214.86

European Metals Holdings'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)
	=	2.998	/	(0.021	+	0.076)
	=	30.91

European Metals Holdings (LSE:EMH) 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.

European Metals Holdings Cash-to-Debt Related Terms

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

European Metals Holdings (LSE:EMH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » European Metals Holdings Ltd (LSE:EMH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

EMHXY:USA EMHLF:USA ERPNF:USA E86:Germany EMH:Australia

Address

35 Outram Street, Level 3, West Perth, WA, AUS, 6005

Website

https://www.europeanmet.com

European Metals Holdings Ltd is a UK-based company, engaged in the exploration and development of mineral resources to create a sustainable European lithium supply chain with low carbon footprint. The company holds an interest in the Cinovec lithium-tin project in the Czech Republic. Geographically, it operates through Australian and Czech segments of which the Australian region derives the majority of revenue.

European Metals Holdings (LSE:EMH) Headlines

No Headlines