Amarins PCL (Amarins PCL) Cash-to-Debt : 6.49 (As of Dec. 2023)

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What is Amarins PCL 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. Amarins PCL's cash to debt ratio for the quarter that ended in Dec. 2023 was 6.49.

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

AMRPF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 5.29 Max: 21.11
Current: 6.5

During the past 13 years, Amarins PCL's highest Cash to Debt Ratio was 21.11. The lowest was 0.08. And the median was 5.29.

AMRPF's Cash-to-Debt is ranked better than
71.32% of 1039 companies
in the Media - Diversified industry
Industry Median: 1.28 vs AMRPF: 6.50

Amarins PCL Cash-to-Debt Historical Data

The historical data trend for Amarins PCL'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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Amarins PCL Cash-to-Debt Chart

Amarins PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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9.25

5.38

5.19

6.34

6.49

Amarins PCL 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															6.34	6.55	3.05	7.97	6.49

Competitive Comparison of Amarins PCL's Cash-to-Debt

For the Publishing subindustry, Amarins PCL'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.

Amarins PCL's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Amarins PCL's Cash-to-Debt distribution charts can be found below:

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

Amarins PCL 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.

Amarins PCL'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)
	=	25.01	/	(2.339	+	1.512)
	=	6.49

Amarins PCL'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)
	=	25.01	/	(2.339	+	1.512)
	=	6.49

Amarins PCL (OTCPK:AMRPF) 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.

Amarins PCL Cash-to-Debt Related Terms

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Amarins PCL (Amarins PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Amarin Corporations PCL (OTCPK:AMRPF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

AMARIN:Thailand

Address

378 Chaiyapruk Road, Kwang Talingchan, Khet Talingchan, Bangkok, THA, 10170

Website

https://www.amarin.co.th

Amarin Corporations PCL and its subsidiary are engaged in publishing, advertising, and selling printed matter in Thailand. The company operates in the reportable segments of Production of printing and distribution of books; Organization exhibitions and advertising through printing and online media; and Production and providing services through television media. Production of printing and distribution of books segment generates most of the revenue for the company. The company principally operates in Thailand.