Atlas Metals Group (LSE:AMG) Cash-to-Debt : N/A (As of Jun. 2024)

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What is Atlas Metals Group 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. Atlas Metals Group's cash to debt ratio for the quarter that ended in Jun. 2024 was N/A.

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

LSE:AMG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: No Debt Max: No Debt
Current: 0.01

During the past 7 years, Atlas Metals Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was No Debt.

LSE:AMG's Cash-to-Debt is ranked worse than
98.1% of 2585 companies
in the Metals & Mining industry
Industry Median: 20.93 vs LSE:AMG: 0.01

Atlas Metals Group Cash-to-Debt Historical Data

The historical data trend for Atlas Metals Group'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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Atlas Metals Group Cash-to-Debt Chart

Atlas Metals Group Annual Data

Trend

Feb17

Feb18

Feb19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

0.09

0.15

0.06

0.01

Atlas Metals Group Semi-Annual Data
	Feb17	Feb18	Aug18	Feb19	Aug19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial									No Debt	0.06	No Debt	0.01	N/A

Competitive Comparison of Atlas Metals Group's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Atlas Metals Group'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.

Atlas Metals Group's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Atlas Metals Group's Cash-to-Debt falls into.

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Atlas Metals Group 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.

Atlas Metals Group'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)
	=	0.005	/	(0.827	+	0.022)
	=	0.01

Atlas Metals Group's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Atlas Metals Group (LSE:AMG) 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.

Atlas Metals Group Cash-to-Debt Related Terms

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Atlas Metals Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Atlas Metals Group PLC (LSE:AMG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

107 Cheapside, 9th Floor, London, GBR, EC2V 6DN

Website

https://www.atlasmetalsgroup.com

Atlas Metals Group PLC is focused on identifying projects and acquisition opportunities with the potential for growth and value creation in commodities with high demand due to macroeconomic, energy transition, and technology trends. The company is engaged in buying and building plans in copper and critical metals, starting in Morocco with an initial focus across Africa. The projects of the company include The Gold Ridge Project, Uranium Project, Lake Victoria Gold Project, and others.