Mechel PAO (Mechel PAO) Cash-to-Debt : 0.08 (As of Jun. 2023)

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What is Mechel PAO 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. Mechel PAO's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.08.

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, Mechel PAO couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

MTL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.08
Current: 0.08

During the past 13 years, Mechel PAO's highest Cash to Debt Ratio was 0.08. The lowest was 0.00. And the median was 0.01.

MTL's Cash-to-Debt is ranked worse than
83.58% of 615 companies
in the Steel industry
Industry Median: 0.42 vs MTL: 0.08

Mechel PAO Cash-to-Debt Historical Data

The historical data trend for Mechel PAO'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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Mechel PAO Cash-to-Debt Chart

Mechel PAO Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

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0.01

0.06

Mechel PAO Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															0.02	0.01	0.06	N/A	0.08

Competitive Comparison of Mechel PAO's Cash-to-Debt

For the Steel subindustry, Mechel PAO'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.

Mechel PAO's Cash-to-Debt Distribution in the Steel Industry

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

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

Mechel PAO 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.

Mechel PAO's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 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)
	=	240.766	/	(3934.645	+	53.912)
	=	0.06

Mechel PAO's Cash to Debt Ratio for the quarter 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)
	=	261.253	/	(3321.64	+	157.432)
	=	0.08

Mechel PAO (NYSE:MTL) 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.

Mechel PAO Cash-to-Debt Related Terms

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Mechel PAO (Mechel PAO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mechel PAO (NYSE:MTL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MTLRP:Russia MTLR:Russia

Address

Krasnoarmeyskaya Street 1, Moscow, RUS, 125167

Website

http://www.mechel.ru

Mechel PAO is a vertically integrated group operating into three industrial segments Mining, Steel and Power. The mining segment produces metallurgical coal (coking coal, PCI and anthracite), steam coal, iron ore and iron ore concentrate, coke and chemical products. The segment consists of its coal, iron ore and coke production facilities in Russia. The steel segment produces and sells semi-finished steel products, long products of a wide range of steel grades, carbon and stainless flat steel products and high value-added metal products, including wire products, stampings and forgings, structural shapes, beams and rails. The power segment sells electricity and capacity to the wholesale market. The majority of the revenue is derived from the Steel segment.