Attock Refinery (KAR:ATRL) Cash-to-Debt : 201.30 (As of Mar. 2024)

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What is Attock Refinery 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. Attock Refinery's cash to debt ratio for the quarter that ended in Mar. 2024 was 201.30.

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, Attock Refinery could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(1) 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.

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

KAR:ATRL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.59 Med: 1.16 Max: No Debt
Current: 201.3

During the past 13 years, Attock Refinery's highest Cash to Debt Ratio was No Debt. The lowest was 0.59. And the median was 1.16.

KAR:ATRL's Cash-to-Debt is ranked better than
86.35% of 1018 companies
in the Oil & Gas industry
Industry Median: 0.49 vs KAR:ATRL: 201.30

Attock Refinery Cash-to-Debt Historical Data

The historical data trend for Attock Refinery'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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Attock Refinery Cash-to-Debt Chart

Attock Refinery Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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1.63

1.03

1.10

3.37

No Debt

Attock Refinery Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	204.85	201.30

Competitive Comparison of Attock Refinery's Cash-to-Debt

For the Oil & Gas Refining & Marketing subindustry, Attock Refinery'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.

Attock Refinery's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Attock Refinery's Cash-to-Debt distribution charts can be found below:

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

Attock Refinery 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.

Attock Refinery's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Attock Refinery had no debt ⁽¹⁾.

Attock Refinery's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	60545.651	/	(175.154	+	125.618)
	=	201.30

Attock Refinery (KAR:ATRL) 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.

Attock Refinery Cash-to-Debt Related Terms

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Attock Refinery (KAR:ATRL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Attock Refinery Ltd (KAR:ATRL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Refinery, Post Office, Morgah, Rawalpindi, PB, PAK

Website

https://www.arl.com.pk

Attock Refinery Ltd is a Pakistan-based oil refining company. It is engaged in refining crude oil and supplying refined petroleum products. Its products include liquefied petroleum gas (LPG), naphtha, kerosene oil, high-speed diesel, furnace fuel oil, jet petroleum, motor gasoline, and light diesel oil. The company majorly operates in Pakistan. The company generates the majority of its revenue from High Speed Diesel, and Premier Motor Gasoline products.

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