Impala Platinum Holdings (Impala Platinum Holdings) Cash-to-Debt

: 2.61 (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. Impala Platinum Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.61.

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, Impala Platinum Holdings 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 Impala Platinum Holdings's Cash-to-Debt or its related term are showing as below:

IMPUY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.32 Med: 0.78 Max: 23.84
Current: 2.61

During the past 13 years, Impala Platinum Holdings's highest Cash to Debt Ratio was 23.84. The lowest was 0.32. And the median was 0.78.

IMPUY's Cash-to-Debt is ranked worse than
62.23% of 2632 companies
in the Metals & Mining industry
Industry Median: 18.15 vs IMPUY: 2.61

Impala Platinum Holdings Cash-to-Debt Historical Data

The historical data trend for Impala Platinum Holdings'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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Impala Platinum Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

0.99

1.48

18.43

22.84

10.36

Impala Platinum Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt																14.73	22.84	23.84	10.36	2.61

Competitive Comparison

For the Other Precious Metals & Mining subindustry, Impala Platinum Holdings'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.

Impala Platinum Holdings Cash-to-Debt Distribution

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

* The bar in red indicates where Impala Platinum Holdings's Cash-to-Debt falls into.

Impala Platinum Holdings 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.

Impala Platinum Holdings'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)
	=	1432.024	/	(17.872	+	120.3)
	=	10.36

Impala Platinum Holdings'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)
	=	495.202	/	(76.854	+	113.08)
	=	2.61

Impala Platinum Holdings (OTCPK:IMPUY) 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.

Impala Platinum Holdings Cash-to-Debt Related Terms

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

Impala Platinum Holdings (Impala Platinum Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Impala Platinum Holdings Ltd (OTCPK:IMPUY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

IMP:South Africa IMPUF:USA IPHB:Germany

Address

2 Fricker Road, Illovo, Johannesburg, GT, ZAF, 2196

Website

https://www.implats.co.za

Impala Platinum Holdings Ltd is one of the world's largest producers of platinum and associated platinum group metals, including palladium and rhodium. The company is structured with five main operations located in Impala, Zimplats, Marula, Mimosa, and Two Rivers. Impala is the group's main operational unit and is situated on the Impala lease area on the western limb of Bushveld, east of Johannesburg in South Africa, and is one of the largest platinum-group-metal-bearing ore bodies in the world. The Impala operation comprises a 10-shaft mining complex and concentrating and smelting plants.

Impala Platinum Holdings (Impala Platinum Holdings) Headlines

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