Gratomic (Gratomic) Cash-to-Debt : 0.05 (As of Dec. 2023)

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What is Gratomic 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. Gratomic's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.05.

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

CBULF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 3.16 Max: No Debt
Current: 0.05

During the past 13 years, Gratomic's highest Cash to Debt Ratio was No Debt. The lowest was 0.05. And the median was 3.16.

CBULF's Cash-to-Debt is ranked worse than
93.49% of 2643 companies
in the Metals & Mining industry
Industry Median: 18.42 vs CBULF: 0.05

Gratomic Cash-to-Debt Historical Data

The historical data trend for Gratomic'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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Gratomic Cash-to-Debt Chart

Gratomic Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

1.98

3.16

0.54

0.05

Gratomic 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															0.54	0.76	0.53	0.15	0.05

Competitive Comparison of Gratomic's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Gratomic'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.

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

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

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

Gratomic 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.

Gratomic'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)
	=	0.039	/	(0.789	+	0)
	=	0.05

Gratomic'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)
	=	0.039	/	(0.789	+	0)
	=	0.05

Gratomic (OTCPK:CBULF) 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.

Gratomic Cash-to-Debt Related Terms

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Gratomic (Gratomic) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

CB82:Germany GRAT:Canada

Address

22 Adelaide Street West, Suite 3600, Toronto, ON, CAN, M5H 4E3

Website

https://www.gratomic.ca

Gratomic Inc is an advanced materials company. It is focused on low-cost mine-to-market commercialization of carbon-neutral, eco-friendly, high-purity vein graphite and is set to become a key player in EV and Renewable Resource supply chains. The company is in the process of solidifying its plans for the micronization, spheronization, and coating of its Aukam vein graphite. The company is engaged in the acquisition and exploration of assets located primarily in Canada and Namibia. It has one segment which is the acquisition, exploration and development of mineral properties.