Asturiana de Laminados (XMAD:ELZ) Cash-to-Debt : 0.09 (As of Dec. 2023)

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What is Asturiana de Laminados 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. Asturiana de Laminados's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.09.

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, Asturiana de Laminados couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

XMAD:ELZ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.14 Max: 0.58
Current: 0.09

During the past 11 years, Asturiana de Laminados's highest Cash to Debt Ratio was 0.58. The lowest was 0.09. And the median was 0.14.

XMAD:ELZ's Cash-to-Debt is ranked worse than
92.2% of 2999 companies
in the Industrial Products industry
Industry Median: 1.22 vs XMAD:ELZ: 0.09

Asturiana de Laminados Cash-to-Debt Historical Data

The historical data trend for Asturiana de Laminados'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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Asturiana de Laminados Cash-to-Debt Chart

Asturiana de Laminados Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.16

0.12

0.14

0.10

0.09

Asturiana de Laminados Semi-Annual Data
	Dec13	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial													0.14	0.08	0.10	0.08	0.09

Competitive Comparison of Asturiana de Laminados's Cash-to-Debt

For the Metal Fabrication subindustry, Asturiana de Laminados'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.

Asturiana de Laminados's Cash-to-Debt Distribution in the Industrial Products Industry

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

* The bar in red indicates where Asturiana de Laminados's Cash-to-Debt falls into.

Asturiana de Laminados 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.

Asturiana de Laminados'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)
	=	7.892	/	(23.305	+	62.229)
	=	0.09

Asturiana de Laminados's Cash to Debt Ratio for the quarter 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)
	=	7.892	/	(23.305	+	62.229)
	=	0.09

Asturiana de Laminados (XMAD:ELZ) 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.

Asturiana de Laminados Cash-to-Debt Related Terms

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

Asturiana de Laminados (XMAD:ELZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Asturiana de Laminados SA (XMAD:ELZ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Poligono Industrial de Villallana, Plot 1, Pola de Lena, Asturias, ESP, 33695

Website

https://www.elzinc.es

Asturiana de Laminados SA designs, casts, or melts, anodizes profiles, sheets, coils, or any other element of zinc or other metals, metallic and non-metallic products, and other products for construction, transportation, and industrial use. It offers solutions for aesthetic finishes, technical finishes, honeycomb panels, composite panels, elZinc tiles, traditional roofing systems, engineered facades, traditional facade systems, and rainwater systems.

Asturiana de Laminados (XMAD:ELZ) Headlines

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