Nexa Resources AtacochaA (LIM:ATACOAC1) Cash-to-Debt : 354.21 (As of Mar. 2024)

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What is Nexa Resources AtacochaA 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. Nexa Resources AtacochaA's cash to debt ratio for the quarter that ended in Mar. 2024 was 354.21.

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, Nexa Resources AtacochaA could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

LIM:ATACOAC1' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.26 Med: 48.91 Max: No Debt
Current: 353.39

During the past 12 years, Nexa Resources AtacochaA's highest Cash to Debt Ratio was No Debt. The lowest was 0.26. And the median was 48.91.

LIM:ATACOAC1's Cash-to-Debt is ranked better than
63.65% of 2641 companies
in the Metals & Mining industry
Industry Median: 18.3 vs LIM:ATACOAC1: 353.39

Nexa Resources AtacochaA Cash-to-Debt Historical Data

The historical data trend for Nexa Resources AtacochaA'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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Nexa Resources AtacochaA Cash-to-Debt Chart

Nexa Resources AtacochaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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N/A

5.19

6.67

36.73

233.83

Nexa Resources AtacochaA 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															48.41	159.57	0.26	233.83	354.21

Competitive Comparison of Nexa Resources AtacochaA's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Nexa Resources AtacochaA'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.

Nexa Resources AtacochaA's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Nexa Resources AtacochaA's Cash-to-Debt falls into.

Nexa Resources AtacochaA 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.

Nexa Resources AtacochaA'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)
	=	100.546	/	(0.415	+	0.015)
	=	233.83

Nexa Resources AtacochaA'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)
	=	75.447	/	(0.213	+	0)
	=	354.21

Nexa Resources AtacochaA (LIM:ATACOAC1) 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.

Nexa Resources AtacochaA Cash-to-Debt Related Terms

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Nexa Resources AtacochaA (LIM:ATACOAC1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nexa Resources Atacocha SAA (LIM:ATACOAC1) » Definitions » Cash-to-Debt

Traded in Other Exchanges

ATACOBC1:Peru

Address

Avenida Circunvalacion del Club Golf Los Incas N 170, Torre El Golf (Block A), Piso 22, Santiago de Surco, Lima, PER

Website

https://www.nexaresources.com

Nexa Resources Atacocha SAA is engaged in the exploration, exploitation, production and commercialization of concentrates of zinc, copper and lead, the last two with gold and silver contents, which it extracts from its own mining claims. Its mining units are located in the regions of Pasco, Ica and Moquegua in Peru.

Nexa Resources AtacochaA (LIM:ATACOAC1) Headlines

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