Arcadium Lithium (Arcadium Lithium) Cash-to-Debt

: 0.45 (As of Sep. 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. Arcadium Lithium's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.45.

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, Arcadium Lithium couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

ALTM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.45 Max: No Debt
Current: 0.45

During the past 7 years, Arcadium Lithium's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was 0.45.

ALTM's Cash-to-Debt is ranked worse than
61.19% of 1551 companies
in the Chemicals industry
Industry Median: 0.75 vs ALTM: 0.45

Arcadium Lithium Cash-to-Debt Historical Data

The historical data trend for Arcadium 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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Arcadium Lithium Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.83

0.10

0.04

0.46

0.77

Arcadium Lithium Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.81	0.77	0.78	0.67	0.45

Competitive Comparison

For the Specialty Chemicals subindustry, Arcadium 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.

Arcadium Lithium Cash-to-Debt Distribution

For the Chemicals industry and Basic Materials sector, Arcadium Lithium's Cash-to-Debt distribution charts can be found below:

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

Arcadium 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.

Arcadium Lithium's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	189	/	(0.9	+	246.1)
	=	0.77

Arcadium Lithium's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	112.6	/	(1.1	+	248.6)
	=	0.45

Arcadium Lithium (NYSE:ALTM) 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.

Arcadium Lithium Cash-to-Debt Related Terms

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

Arcadium Lithium (Arcadium Lithium) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Arcadium Lithium PLC (NYSE:ALTM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ARLTF:USA 7WO:Germany 7WO:Germany 7WO:Germany 7WO0:Germany LTM:Australia

Address

1818 Market Street, Philadelphia, PA, USA, 19103

Website

https://www.livent.com

Arcadium Lithium is a pure-play lithium producer that was formed in the Allkem-Livent merger in January 2024. Arcadium should benefit from increased lithium demand via higher electric vehicle adoption, as lithium is a key component of EV batteries. The company's low-cost lithium carbonate production comes from two brine resources in Argentina. Arcadium also produces spodumene, a hard rock lithium upstream concentrate, from a mine in Australia and operates downstream lithium hydroxide conversion plants in the United States and China.

Executives

Gilberto Antoniazzi	officer: Vice President and CFO	LIVENT CORPORATION, C/O FMC CORPORATION, 2929 WALNUT STREET, PHILADELPHIA PA 19104
Paul W Graves	director, officer: President and CEO	1735 MARKET STREET, PHILADELPHIA PA 19103
Christina Lampe-onnerud	director	C/O FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
Pablo Marcet	director	C/O GEO LOGIC SA, PASCUAL, FICHERA Y, ASOC., CERRITO 1070, PISO 8, BUENOS AIRES C1 1010
Ronald B Stark	officer: Chief Accounting Officer	C/O NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540
Nicholas Pfeiffer	officer: Chief Accounting Officer	1735 MARKET STREET, PHILADELPHIA PA 19103
G Peter Daloia	director
Steven T Merkt	director	1050 WESTLAKES DRIVE, BERWYN PA 19312
Michael F Barry	director	ONE QUAKER PARK, 901 HECTOR ST, CONSHOHOCHEN PA 19428
Pierre R Brondeau	director	ROHAM AND HAAS CO, 100 INDEPENDENCE MALL WEST, PHILADELPHIA PA 19106
Robert C Pallash	director	17000 ROTUNDA DRIVE, DEARBORN MI 48120
Andrea E Utecht	director	1735 MARKET ST, 15TH FL, PHILADELPHIA PA 19103
Fmc Corp	10 percent owner	2929 WALNUT STREET, PHILADELPHIA PA 19104
Sara Ponessa	officer: VP, Gen. Counsel & Secretary	C/O LIVENT CORP., 1818 MARKET STREET, PHILADELPHIA PA 19103
Thomas Schneberger	officer: Vice President and COO	C/O FMC CORP, 2929 WALNUT STREET, PHILADELPHIA PA 19104