Imerys (Imerys) Cash-to-Debt : 0.53 (As of Dec. 2023)

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What is Imerys 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. Imerys's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.53.

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

IMYSF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 0.3 Max: 0.53
Current: 0.53

During the past 13 years, Imerys's highest Cash to Debt Ratio was 0.53. The lowest was 0.15. And the median was 0.30.

IMYSF's Cash-to-Debt is ranked better than
51.98% of 379 companies
in the Building Materials industry
Industry Median: 0.46 vs IMYSF: 0.53

Imerys Cash-to-Debt Historical Data

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

Imerys Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.29

0.30

0.29

0.27

0.53

Imerys 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															0.27	N/A	0.37	N/A	0.53

Competitive Comparison of Imerys's Cash-to-Debt

For the Building Materials subindustry, Imerys'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.

Imerys's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Imerys's Cash-to-Debt distribution charts can be found below:

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

Imerys 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.

Imerys'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)
	=	1372.519	/	(618.103	+	1974.373)
	=	0.53

Imerys'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)
	=	1372.519	/	(618.103	+	1974.373)
	=	0.53

Imerys (OTCPK:IMYSF) 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.

Imerys Cash-to-Debt Related Terms

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

Imerys (Imerys) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Imerys (OTCPK:IMYSF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

IMYSY:USA NKp:UK 0NPX:UK NK:France IY4:Germany

Address

43 quai de Grenelle, Paris, FRA, 75015

Website

https://www.imerys.com

Imerys manufactures and sells mineral-based specialty applications for multiple industries, including construction, renovation, iron and steel, and automotive. The company is organized into two segments. The Performance Minerals segment comprise three geographic business areas - Europe, Middle East and Africa, Americas and the Asia Pacific. It mainly serves the plastics, rubber, paints & coatings, filtration, renewable energy and paper & board markets. The High-Temperature Materials & Solutions segment regroups two business areas High Temperature Solutions, and Refractory, Abrasives & Construction serving the iron and steel, thermal, refractory, foundry, abrasives and building & infrastructure markets.

Imerys (Imerys) Headlines

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