Metals Acquisition (Metals Acquisition) Cash-to-Debt : 0.02 (As of Mar. 2023)

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What is Metals Acquisition 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. Metals Acquisition's cash to debt ratio for the quarter that ended in Mar. 2023 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, Metals Acquisition couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

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

MTAL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.05 Max: No Debt
Current: 0.01

During the past 3 years, Metals Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.05.

MTAL's Cash-to-Debt is ranked worse than
97.84% of 2643 companies
in the Metals & Mining industry
Industry Median: 18.42 vs MTAL: 0.01

Metals Acquisition Cash-to-Debt Historical Data

The historical data trend for Metals Acquisition'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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Metals Acquisition Cash-to-Debt Chart

Metals Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

0.05

0.01

Metals Acquisition Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial					No Debt	No Debt	0.05	0.02	0.01

Competitive Comparison of Metals Acquisition's Cash-to-Debt

For the Copper subindustry, Metals Acquisition'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.

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

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

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

Metals Acquisition 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.

Metals Acquisition'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)
	=	2.372	/	(59.088	+	250.201)
	=	0.01

Metals Acquisition's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	0.035	/	(1.46	+	0)
	=	0.02

Metals Acquisition (NYSE:MTAL) 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.

Metals Acquisition Cash-to-Debt Related Terms

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

Metals Acquisition (Metals Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Metals Acquisition Ltd (NYSE:MTAL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MAC:Australia

Address

44 Esplanade, 3rd Floor, Saint Helier, JEY, JE4 9WG

Website

https://www.metalsacquisition.com

Metals Acquisition Ltd is a company focused on operating and acquiring metals and mining businesses in high-quality, stable jurisdictions that are critical in the electrification and decarbonization of the economy. It works in a single segment: the mining and production of copper and silver from the CSA Mine.

Executives

Patrice E Merrin	director	92 BIRCH AVENUE, TORONTO A6 M4V1C8
Rhett Bennett	director	425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Michael Mcmullen	director, officer: Chief Executive Officer	P O BOX 1523, WEST PERTH C3 6872
Green Mountain Metals Llc	10 percent owner	425 HOUSTON STREET, FORT WORTH TX 76102
Charles D Mcconnell	director	425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Rasmus Kristoffer Gerdeman	director	425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Neville Joseph Power	director	425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Dan Vujcic	officer: Chief Development Officer	425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Marthinus J Crouse	officer: Chief Financial Officer	425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102