Lanna Resources PCL (BKK:LANNA) Cash-to-Debt : 2.56 (As of Mar. 2024)

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What is Lanna Resources PCL 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. Lanna Resources PCL's cash to debt ratio for the quarter that ended in Mar. 2024 was 2.56.

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, Lanna Resources PCL could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

BKK:LANNA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.45 Med: 1.17 Max: 2.6
Current: 2.56

During the past 13 years, Lanna Resources PCL's highest Cash to Debt Ratio was 2.60. The lowest was 0.45. And the median was 1.17.

BKK:LANNA's Cash-to-Debt is ranked better than
53.93% of 178 companies
in the Other Energy Sources industry
Industry Median: 1.915 vs BKK:LANNA: 2.56

Lanna Resources PCL Cash-to-Debt Historical Data

The historical data trend for Lanna Resources PCL'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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Lanna Resources PCL Cash-to-Debt Chart

Lanna Resources PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.45

0.88

1.54

2.36

2.60

Lanna Resources PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															2.19	2.56	2.28	2.60	2.56

Competitive Comparison of Lanna Resources PCL's Cash-to-Debt

For the Thermal Coal subindustry, Lanna Resources PCL'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.

Lanna Resources PCL's Cash-to-Debt Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Lanna Resources PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Lanna Resources PCL's Cash-to-Debt falls into.

Lanna Resources PCL 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.

Lanna Resources PCL's Cash to Debt Ratio for the fiscal year 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)
	=	4706.262	/	(1468.432	+	345.319)
	=	2.59

Lanna Resources PCL'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)
	=	3904.206	/	(1240.809	+	282.511)
	=	2.56

Lanna Resources PCL (BKK:LANNA) 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.

Lanna Resources PCL Cash-to-Debt Related Terms

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Lanna Resources PCL (BKK:LANNA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Lanna Resources PCL (BKK:LANNA) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Ploenchit Road, 888/99, Mahatun Plaza Building, 9th Floor, Lumpini Subdistrict, Pathumwan District, Bangkok, THA, 10330

Website

http://www.lannar.com

Lanna Resources PCL is a Thailand-based company engaged in the coal industry. It operates through the segments of Domestic Coal, which purchases and sells coal, Overseas Coal which produces and sells coal, the Ethanol segment involves production and selling of ethanol, Wood pellet segment which produces and sells wood pellet, and Soil conditioner segment. Prime revenue for the firm is derived through the Overseas Coal segment. The company has operational footprints in various countries including Thailand, India, Singapore, China, Dubai and others.

Lanna Resources PCL (BKK:LANNA) Headlines

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