Arianne Phosphate (Arianne Phosphate) Cash-to-Debt

: 0.14 (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. Arianne Phosphate's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.14.

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, Arianne Phosphate 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 Arianne Phosphate's Cash-to-Debt or its related term are showing as below:

DRRSF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 0.54
Current: 0.14

During the past 13 years, Arianne Phosphate's highest Cash to Debt Ratio was 0.54. The lowest was 0.01. And the median was 0.07.

DRRSF's Cash-to-Debt is ranked worse than
88.24% of 2636 companies
in the Metals & Mining industry
Industry Median: 17.92 vs DRRSF: 0.14

Arianne Phosphate Cash-to-Debt Historical Data

The historical data trend for Arianne Phosphate'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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Arianne Phosphate Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.08

0.01

0.02

0.24

0.13

Arianne Phosphate 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															0.19	0.13	0.20	0.17	0.14

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Arianne Phosphate'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.

Arianne Phosphate Cash-to-Debt Distribution

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

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

Arianne Phosphate 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.

Arianne Phosphate'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)
	=	2.387	/	(1.302	+	17.753)
	=	0.13

Arianne Phosphate'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)
	=	2.787	/	(1.47	+	18.631)
	=	0.14

Arianne Phosphate (OTCPK:DRRSF) 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.

Arianne Phosphate Cash-to-Debt Related Terms

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Arianne Phosphate (Arianne Phosphate) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arianne Phosphate Inc (OTCPK:DRRSF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

JE9N:Germany DAN:Canada

Address

393 Racine Street, Suite 200, Chicoutimi, QC, CAN, G7H 1T2

Website

https://www.arianne-inc.com

Arianne Phosphate Inc is a Canadian mining company engaged in the development of its Lac a Paul phosphate property located in Quebec, Canada.

Arianne Phosphate (Arianne Phosphate) Headlines

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