Global Battery Metals (TSXV:GBML) Cash-to-Debt : No Debt ⁽¹⁾ (As of Apr. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Global Battery Metals 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. Global Battery Metals's cash to debt ratio for the quarter that ended in Apr. 2024 was No Debt ⁽¹⁾.

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, Global Battery Metals could pay off its debt using the cash in hand for the quarter that ended in Apr. 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 Global Battery Metals's Cash-to-Debt or its related term are showing as below:

TSXV:GBML' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Global Battery Metals's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

TSXV:GBML's Cash-to-Debt is ranked better than
99.96% of 2638 companies
in the Metals & Mining industry
Industry Median: 18.53 vs TSXV:GBML: No Debt

Global Battery Metals Cash-to-Debt Historical Data

The historical data trend for Global Battery Metals'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.

Global Battery Metals Cash-to-Debt Chart

Global Battery Metals Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

Global Battery Metals Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Jan24	Apr24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Global Battery Metals's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Global Battery Metals'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.

Global Battery Metals's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Global Battery Metals 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.

Global Battery Metals's Cash to Debt Ratio for the fiscal year that ended in Apr. 2024 is calculated as:

Global Battery Metals had no debt ⁽¹⁾.

Global Battery Metals's Cash to Debt Ratio for the quarter that ended in Apr. 2024 is calculated as:

Global Battery Metals had no debt ⁽¹⁾.

Global Battery Metals (TSXV:GBML) 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.

Global Battery Metals Cash-to-Debt Related Terms

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

Global Battery Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Global Battery Metals Ltd (TSXV:GBML) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

REZZF:USA REZ:Germany

Address

800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6E 3T5

Website

https://www.gbml.ca

Global Battery Metals Ltd is a Canadian exploration and development company. It is engaged in the acquisition, exploration, and development of mineral properties. The Company has one operating segment, which is mineral exploration and development. The company holds interests in North-West Leinster Lithium Property in Ireland, Lithium King Property in Utah, the Lapoile Lithium Project in Newfoundland, the Nickel-copper project in Michigan, Lara copper property in Peru. Geographically, it has a presence in Ireland, the United States of America, and Peru.

Executives

Michael Darren Murphy

Director, Senior Officer

Global Battery Metals Headlines

No Headlines

Global Battery Metals (TSXV:GBML) Cash-to-Debt : No Debt (1) (As of Apr. 2024)