Haydale Graphene Industries (Haydale Graphene Industries) Cash-to-Debt : 2.38 (As of Dec. 2023)

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What is Haydale Graphene Industries 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. Haydale Graphene Industries's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.38.

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, Haydale Graphene Industries 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 Haydale Graphene Industries's Cash-to-Debt or its related term are showing as below:

HDGHF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.28 Med: 2.39 Max: No Debt
Current: 2.38

During the past 13 years, Haydale Graphene Industries's highest Cash to Debt Ratio was No Debt. The lowest was 0.28. And the median was 2.39.

HDGHF's Cash-to-Debt is ranked better than
69.78% of 1552 companies
in the Chemicals industry
Industry Median: 0.74 vs HDGHF: 2.38

Haydale Graphene Industries Cash-to-Debt Historical Data

The historical data trend for Haydale Graphene Industries'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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Haydale Graphene Industries Cash-to-Debt Chart

Haydale Graphene Industries Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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2.40

0.28

0.37

0.28

0.36

Haydale Graphene Industries 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															2.91	0.28	2.17	0.36	2.38

Competitive Comparison of Haydale Graphene Industries's Cash-to-Debt

For the Specialty Chemicals subindustry, Haydale Graphene Industries'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.

Haydale Graphene Industries's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Haydale Graphene Industries's Cash-to-Debt distribution charts can be found below:

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

Haydale Graphene Industries 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.

Haydale Graphene Industries'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)
	=	1.74	/	(0.611	+	4.198)
	=	0.36

Haydale Graphene Industries'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)
	=	4.177	/	(0.358	+	1.4)
	=	2.38

Haydale Graphene Industries (OTCPK:HDGHF) 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.

Haydale Graphene Industries Cash-to-Debt Related Terms

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Haydale Graphene Industries (Haydale Graphene Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Haydale Graphene Industries PLC (OTCPK:HDGHF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

HAYD:UK 6HG:Germany

Address

Clos Fferws, Parc Hendre, Capel Hendre, Ammanford, Carmarthenshire, GBR, SA18 3BL

Website

http://www.haydale.com

Haydale Graphene Industries PLC is a UK based company engaged in the research and development, manufacturing, and sale of surface functionalized graphene products. Its geographical segments include UK and Europe; North America and Asia Pacific. The company derives a majority of its revenue from North America. The North America segment focuses on SiC and blank products for tooling. The company's products are used in Aerospace; Automotive; Electronics; Health; Energy Sector and other industries.

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