Ternium Argentina (BUE:TXAR) Cash-to-Debt

: 14.95 (As of Dec. 2023)

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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. Ternium Argentina's cash to debt ratio for the quarter that ended in Dec. 2023 was 14.95.

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, Ternium Argentina could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

BUE:TXAR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.28 Med: 1.15 Max: 19.2
Current: 14.95

During the past 13 years, Ternium Argentina's highest Cash to Debt Ratio was 19.20. The lowest was 0.28. And the median was 1.15.

BUE:TXAR's Cash-to-Debt is ranked better than
87.68% of 617 companies
in the Steel industry
Industry Median: 0.43 vs BUE:TXAR: 14.95

Ternium Argentina Cash-to-Debt Historical Data

The historical data trend for Ternium Argentina'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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Ternium Argentina Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.85

6.13

13.74

19.20

14.95

Ternium Argentina Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															19.20	21.91	15.20	19.76	14.95

Competitive Comparison

For the Steel subindustry, Ternium Argentina'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.

Ternium Argentina Cash-to-Debt Distribution

For the Steel industry and Basic Materials sector, Ternium Argentina's Cash-to-Debt distribution charts can be found below:

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

Ternium Argentina 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.

Ternium Argentina'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)
	=	879842	/	(15404	+	43444)
	=	14.95

Ternium Argentina'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)
	=	879842	/	(15404	+	43444)
	=	14.95

Ternium Argentina (BUE:TXAR) 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.

Ternium Argentina Cash-to-Debt Related Terms

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Ternium Argentina (BUE:TXAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ternium Argentina SA (BUE:TXAR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Leandro N. Alem 1067, Building AAF, Buenos Aires, ARG, C1001

Website

http://ar.ternium.com

Ternium Argentina SA manufactures and processes a broad range of steel products. Its products include hot and cold rolled, hot-dip galvanized & electro-galvanized and pre-painted steel sheets and tinplate. Geographically the group is based in Argentina.

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