Batla Minerals (XPAR:MLBAT) Cash-to-Debt : 1,826.00 (As of Mar. 2023)

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What is Batla Minerals 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. Batla Minerals's cash to debt ratio for the quarter that ended in Mar. 2023 was 1,826.00.

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, Batla Minerals could pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

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

XPAR:MLBAT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 55.43 Max: No Debt
Current: 1826

During the past 13 years, Batla Minerals's highest Cash to Debt Ratio was No Debt. The lowest was 0.10. And the median was 55.43.

XPAR:MLBAT's Cash-to-Debt is not ranked
in the Metals & Mining industry.
Industry Median: 17.74 vs XPAR:MLBAT: 1826.00

Batla Minerals Cash-to-Debt Historical Data

The historical data trend for Batla Minerals'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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Batla Minerals Cash-to-Debt Chart

Batla Minerals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

79.73

No Debt

3,712.00

1,826.00

Batla Minerals Semi-Annual Data
	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Cash-to-Debt	Get a 7-Day Free Trial											79.73	No Debt	No Debt	3,712.00	1,826.00

Competitive Comparison of Batla Minerals's Cash-to-Debt

For the Other Precious Metals & Mining subindustry, Batla Minerals'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.

Batla Minerals's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Batla Minerals 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.

Batla Minerals's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	1.826	/	(0.001	+	0)
	=	1,826.00

Batla Minerals's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	1.826	/	(0.001	+	0)
	=	1,826.00

Batla Minerals (XPAR:MLBAT) 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.

Batla Minerals Cash-to-Debt Related Terms

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Batla Minerals (XPAR:MLBAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Batla Minerals SA (XPAR:MLBAT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Rue de la Sauvagine, Le Cres, FRA, 34920

Website

http://www.batlaminerals.com

Batla Minerals SA is a French resource investment company engaged in the mining sector. It is engaged in the research, exploration, and operation of diamond mines in Lesotho.

Batla Minerals (XPAR:MLBAT) Headlines

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