Americanlars Lithium (Americanlars Lithium) Cash-to-Debt : 0.02 (As of Mar. 2024)

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What is Americanlars Lithium Cash-to-Debt?

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. Americanlars Lithium's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.02.

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, Americanlars Lithium couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(1) 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.

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

ASALF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: No Debt Max: No Debt
Current: 0.03

During the past 4 years, Americanlars Lithium's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was No Debt.

ASALF's Cash-to-Debt is ranked worse than
94.8% of 2652 companies
in the Metals & Mining industry
Industry Median: 17.895 vs ASALF: 0.03

Americanlars Lithium Cash-to-Debt Historical Data

The historical data trend for Americanlars 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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Americanlars Lithium Cash-to-Debt Chart

Americanlars Lithium Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

No Debt

Americanlars Lithium Quarterly Data
	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial											2.67	No Debt	No Debt	No Debt	0.02

Competitive Comparison of Americanlars Lithium's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Americanlars 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.

Americanlars Lithium's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Americanlars 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.

Americanlars Lithium's Cash to Debt Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Americanlars Lithium had no debt ⁽¹⁾.

Americanlars Lithium's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	0.001	/	(0.055	+	0)
	=	0.02

Americanlars Lithium (OTCPK:ASALF) 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.

Americanlars Lithium Cash-to-Debt Related Terms

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

Americanlars Lithium (Americanlars Lithium) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » American Salars Lithium Inc (OTCPK:ASALF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

Z3P:Germany USLI:Canada

Address

200 - 551 Howe Street, Vancouver, BC, CAN, V6C 2C2

Website

American Salars Lithium Inc Formerly Blanton Resources Corp is engaged in the acquisition and exploration of mineral properties. The company is currently exploring the Nanaimo Mining Division of British Columbia.

Americanlars Lithium (Americanlars Lithium) Headlines

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