Bangladesh Thai Aluminium (DHA:BDTHAI) Cash-to-Debt

: 0.01 (As of Dec. 2023)

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

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. Bangladesh Thai Aluminium's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.01.

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, Bangladesh Thai Aluminium 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 Bangladesh Thai Aluminium's Cash-to-Debt or its related term are showing as below:

DHA:BDTHAI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.44
Current: 0.01

During the past 11 years, Bangladesh Thai Aluminium's highest Cash to Debt Ratio was 0.44. The lowest was 0.01. And the median was 0.04.

DHA:BDTHAI's Cash-to-Debt is ranked worse than
98.06% of 2633 companies
in the Metals & Mining industry
Industry Median: 18.1 vs DHA:BDTHAI: 0.01

Bangladesh Thai Aluminium Cash-to-Debt Historical Data

The historical data trend for Bangladesh Thai Aluminium'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.

Bangladesh Thai Aluminium Annual Data

Trend

Dec14

Dec15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

0.07

0.03

0.02

0.03

0.02

Bangladesh Thai Aluminium 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																0.03	0.02	0.02	0.01	0.01

Competitive Comparison

For the Aluminum subindustry, Bangladesh Thai Aluminium'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.

Bangladesh Thai Aluminium Cash-to-Debt Distribution

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

* The bar in red indicates where Bangladesh Thai Aluminium's Cash-to-Debt falls into.

Bangladesh Thai Aluminium 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.

Bangladesh Thai Aluminium's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	30.098	/	(942.803	+	709.905)
	=	0.02

Bangladesh Thai Aluminium'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)
	=	23.197	/	(1024.355	+	742.75)
	=	0.01

Bangladesh Thai Aluminium (DHA:BDTHAI) 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.

Bangladesh Thai Aluminium Cash-to-Debt Related Terms

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

Bangladesh Thai Aluminium (DHA:BDTHAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bangladesh Thai Aluminium Ltd (DHA:BDTHAI) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Road Number 17, 29 Kemal Ataturk Avenue, 14th Floor, BTA Tower, Banani Commercial Area, Dhaka, BGD, 1213

Website

https://www.btaalu.com

Bangladesh Thai Aluminium Ltd is engaged in manufacturing of aluminium products and offers related services. The company manufactures and sells anodized aluminium sections, aluminium doors, windows and hardware, glass false ceiling boards, aluminium composite panels and other products. It also provides after-sales services and consultancy services on technical and financial aspect of profile design, fabrication of items, installation arrangement, and execution of the same at the site.

Bangladesh Thai Aluminium (DHA:BDTHAI) Headlines

No Headlines