ZNWLF (Zinnwald Lithium) Cash-to-Debt : 27.24 (As of Jun. 2024)

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What is Zinnwald Lithium 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. Zinnwald Lithium's cash to debt ratio for the quarter that ended in Jun. 2024 was 27.24.

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, Zinnwald Lithium could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

ZNWLF' s Cash-to-Debt Range Over the Past 10 Years
Min: 16.79 Med: No Debt Max: No Debt
Current: 27.19

During the past 9 years, Zinnwald Lithium's highest Cash to Debt Ratio was No Debt. The lowest was 16.79. And the median was No Debt.

ZNWLF's Cash-to-Debt is ranked better than
52.63% of 2605 companies
in the Metals & Mining industry
Industry Median: 17.97 vs ZNWLF: 27.19

Zinnwald Lithium Cash-to-Debt Historical Data

The historical data trend for Zinnwald Lithium'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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Zinnwald Lithium Cash-to-Debt Chart

Zinnwald Lithium Annual Data

Trend

Sep14

Sep15

Sep16

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

16.85

300.02

Zinnwald Lithium Semi-Annual Data
	Sep14	Sep15	Sep16	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial											No Debt	16.85	166.66	300.02	27.24

Competitive Comparison of Zinnwald Lithium's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Zinnwald Lithium'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.

Zinnwald Lithium's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Zinnwald Lithium 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.

Zinnwald Lithium'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)
	=	15.601	/	(0.052	+	0)
	=	300.02

Zinnwald Lithium's Cash to Debt Ratio for the quarter that ended in Jun. 2024 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)
	=	9.998	/	(0.126	+	0.241)
	=	27.24

Zinnwald Lithium (OTCPK:ZNWLF) 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.

Zinnwald Lithium Cash-to-Debt Related Terms

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

Zinnwald Lithium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Zinnwald Lithium PLC (OTCPK:ZNWLF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ZNWD:UK 7WW:Germany

Address

29-31 Castle Street, High Wycombe, Buckinghamshire, GBR, HP13 6RU

Website

https://www.zinnwaldlithium.com

Zinnwald Lithium PLC is a mineral exploration and development company. The company is focused on the Zinnwald Lithium Project in Germany to supply battery-grade lithium products. Also, the company holds 100% interest in the Abbeytown project. Geographically, it operates in UK, Ireland and Germany.

Zinnwald Lithium Headlines

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