PT Adhi Kartiko Pratama Tbk (ISX:NICE) Cash-to-Debt : 4.94 (As of Jun. 2023)

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What is PT Adhi Kartiko Pratama Tbk 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. PT Adhi Kartiko Pratama Tbk's cash to debt ratio for the quarter that ended in Jun. 2023 was 4.94.

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, PT Adhi Kartiko Pratama Tbk could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

The historical rank and industry rank for PT Adhi Kartiko Pratama Tbk's Cash-to-Debt or its related term are showing as below:

ISX:NICE' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.59 Med: 4.13 Max: 70.67
Current: 4.94

During the past 3 years, PT Adhi Kartiko Pratama Tbk's highest Cash to Debt Ratio was 70.67. The lowest was 1.59. And the median was 4.13.

ISX:NICE's Cash-to-Debt is ranked worse than
58.3% of 2643 companies
in the Metals & Mining industry
Industry Median: 18.42 vs ISX:NICE: 4.94

PT Adhi Kartiko Pratama Tbk Cash-to-Debt Historical Data

The historical data trend for PT Adhi Kartiko Pratama Tbk'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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PT Adhi Kartiko Pratama Tbk Cash-to-Debt Chart

PT Adhi Kartiko Pratama Tbk Annual Data

Trend

Dec20

Dec21

Dec22

Cash-to-Debt

1.59

70.67

3.32

PT Adhi Kartiko Pratama Tbk Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	1.59	70.67	N/A	3.32	4.94

Competitive Comparison of PT Adhi Kartiko Pratama Tbk's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, PT Adhi Kartiko Pratama Tbk'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.

PT Adhi Kartiko Pratama Tbk's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where PT Adhi Kartiko Pratama Tbk's Cash-to-Debt falls into.

PT Adhi Kartiko Pratama Tbk 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.

PT Adhi Kartiko Pratama Tbk'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)
	=	31933.106	/	(1804.918	+	7817.5)
	=	3.32

PT Adhi Kartiko Pratama Tbk's Cash to Debt Ratio for the quarter 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)
	=	44914.257	/	(2519.911	+	6571.834)
	=	4.94

PT Adhi Kartiko Pratama Tbk (ISX:NICE) 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.

PT Adhi Kartiko Pratama Tbk Cash-to-Debt Related Terms

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PT Adhi Kartiko Pratama Tbk (ISX:NICE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT Adhi Kartiko Pratama Tbk (ISX:NICE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

Website

PT Adhi Kartiko Pratama Tbk is engaged in Nickel Ore Mining. Its mine location is Lameruru Village/Subdistrict, District. Langgikima, Kab. North Konawe, Southeast Sulawesi Province.