Amte Power (LSE:AMTE) Cash-to-Debt : 0.36 (As of Dec. 2022)

View and export this data going back to 2021. Start your Free Trial

What is Amte Power 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. Amte Power's cash to debt ratio for the quarter that ended in Dec. 2022 was 0.36.

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, Amte Power couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

LSE:AMTE's Cash-to-Debt is not ranked ^*
in the Industrial Products industry.
Industry Median: 1.23
* Ranked among companies with meaningful Cash-to-Debt only.

Amte Power Cash-to-Debt Historical Data

The historical data trend for Amte Power'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.

* Premium members only.

Amte Power Cash-to-Debt Chart

Amte Power Annual Data

Trend

Mar18

Mar19

Jun21

Jun22

Cash-to-Debt

1.96

1.50

8.45

2.75

Amte Power Semi-Annual Data
	Mar18	Mar19	Dec20	Jun21	Dec21	Jun22	Dec22
Cash-to-Debt	Get a 7-Day Free Trial			0.19	8.45	6.17	2.75	0.36

Competitive Comparison of Amte Power's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Amte Power'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.

Amte Power's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Amte Power's Cash-to-Debt distribution charts can be found below:

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

Amte Power 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.

Amte Power's Cash to Debt Ratio for the fiscal year that ended in Jun. 2022 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)
	=	2.907	/	(0.234	+	0.824)
	=	2.75

Amte Power's Cash to Debt Ratio for the quarter that ended in Dec. 2022 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)
	=	1.215	/	(0.376	+	3.024)
	=	0.36

Amte Power (LSE:AMTE) 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.

Amte Power Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Amte Power's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Amte Power (LSE:AMTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Amte Power PLC (LSE:AMTE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

9FO:Germany

Address

Denchi House, Thurso Business Park, Thurso, Caithness, SCT, KW14 7XW

Website

https://www.amtepower.com

Amte Power PLC is developing a portfolio of differentiated, lithium-ion and lithium-ion derivative battery cells. The products of the company include Ultra High-Power (UHP), Ultra Energy (UE), Ultra Safe (US), and Ultra Prime (UPr) among others. It is operated mainly in the United Kingdom.

Amte Power (LSE:AMTE) Headlines

No Headlines