American Battery Technology Co (American Battery Technology Co) Cash-to-Debt : 0.47 (As of Dec. 2023)

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What is American Battery Technology Co 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. American Battery Technology Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.47.

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, American Battery Technology Co 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 American Battery Technology Co's Cash-to-Debt or its related term are showing as below:

ABAT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.32 Max: No Debt
Current: 0.47

During the past 10 years, American Battery Technology Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.32.

ABAT's Cash-to-Debt is ranked worse than
76.16% of 2643 companies
in the Metals & Mining industry
Industry Median: 18.42 vs ABAT: 0.47

American Battery Technology Co Cash-to-Debt Historical Data

The historical data trend for American Battery Technology Co'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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American Battery Technology Co Cash-to-Debt Chart

American Battery Technology Co Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

0.15

0.02

No Debt

105.11

0.38

American Battery Technology Co 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	Get a 7-Day Free Trial															No Debt	No Debt	0.38	0.29	0.47

Competitive Comparison of American Battery Technology Co's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, American Battery Technology Co'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.

American Battery Technology Co's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where American Battery Technology Co's Cash-to-Debt falls into.

American Battery Technology Co 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.

American Battery Technology Co'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)
	=	2.331	/	(6.121	+	0.054)
	=	0.38

American Battery Technology Co'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)
	=	7.726	/	(16.392	+	0)
	=	0.47

American Battery Technology Co (NAS:ABAT) 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.

American Battery Technology Co Cash-to-Debt Related Terms

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

American Battery Technology Co (American Battery Technology Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » American Battery Technology Co (NAS:ABAT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Washington Street, Suite 100, Reno, NV, USA, 89503

Website

https://www.americanbatterytechnology.com

American Battery Technology Co is engaged in lithium-ion battery recycling, battery metals and material extraction, and resource production. It is a battery metals company producing low-cost battery metals with a commitment to closed-loop, clean energy technologies.

Executives

Jesse Samuel Deutsch	officer: Chief Financial Officer	269 BOOTH LN, HAVERFORD PA 19041
Fezell Donald Richard Jr	director	PO BOX 2384, CARMEL CA 93921
Kimberly Ann Eckert	officer: Chief Financial Officer	1560 W 37TH AVE, DENVER CO 80211
Elizabeth Ann Lowery	director	275 DATE PALM RD #303, VERO BEACH FL 32963
Douglas Cole	director, officer: CEO, CFO	C/O AMERICAN BATTERY METALS CORP, 930 TAHOE BLVD, STE 802-16, INCLINE VILLAGE NV 89451
Julia Blunden	director	16765 EDGAR ST., PACIFIC PALISADES CA 90272
Sherif Marakby	director	6061 FAIRBORN DR, CANTON MI 48187
Douglas Charles Maclellan	director	11825 MAJOR STREET, CULVER CITY CA 90230
David Bruce Batstone	director	PO BOX 253, EL GRANADA CA 94018
Scott Jolcover	officer: Chief Resource Officer	PO BOX 1118, VIRGINIA CITY NV 89440
Meza Leal Andres Manuel	officer: Chief Operating Officer	202 SEAVIEW STREET, #209, MANHATTAN BEACH CA 90266
John Hunter William	director	930 TAHOE BOULEVARD, SUITE 802-16, INCLINE VILLAGE NV 89451
David Corsaut	officer: Chief Financial Officer	22120 SERENATA CIRCLE, BOCA RATON FL 33433
Ryan Mitchell Melsert	director, officer: Chief Technology Officer	255 N SIERRA ST, UNIT 1512, RENO NV 89501
Michael Thomas Mason	director, officer: Chief Executive Officer	142 STRATFORD AVE, GARDEN CITY NY 11530