PT Bukit Asam Tbk (PT Bukit Asam Tbk) Cash-to-Debt : 4.27 (As of Dec. 2023)

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What is PT Bukit Asam 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 Bukit Asam Tbk's cash to debt ratio for the quarter that ended in Dec. 2023 was 4.27.

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 Bukit Asam Tbk could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

TBNGY' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.85 Med: 5.23 Max: 13.13
Current: 4.27

During the past 13 years, PT Bukit Asam Tbk's highest Cash to Debt Ratio was 13.13. The lowest was 1.85. And the median was 5.23.

TBNGY's Cash-to-Debt is ranked better than
59.55% of 178 companies
in the Other Energy Sources industry
Industry Median: 1.455 vs TBNGY: 4.27

PT Bukit Asam Tbk Cash-to-Debt Historical Data

The historical data trend for PT Bukit Asam 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 Bukit Asam Tbk Cash-to-Debt Chart

PT Bukit Asam Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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7.82

6.19

13.13

12.29

4.27

PT Bukit Asam Tbk 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															12.29	13.03	12.58	5.29	4.27

Competitive Comparison of PT Bukit Asam Tbk's Cash-to-Debt

For the Thermal Coal subindustry, PT Bukit Asam 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 Bukit Asam Tbk's Cash-to-Debt Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Bukit Asam Tbk's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where PT Bukit Asam Tbk's Cash-to-Debt falls into.

PT Bukit Asam 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 Bukit Asam Tbk'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)
	=	360.406	/	(36.197	+	48.24)
	=	4.27

PT Bukit Asam Tbk'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)
	=	360.406	/	(36.197	+	48.24)
	=	4.27

PT Bukit Asam Tbk (OTCPK:TBNGY) 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 Bukit Asam Tbk Cash-to-Debt Related Terms

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PT Bukit Asam Tbk (PT Bukit Asam Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Bukit Asam Tbk (OTCPK:TBNGY) » Definitions » Cash-to-Debt

Traded in Other Exchanges

PBATF:USA PTBA:Indonesia TBA:Germany

Address

Jalan Parigi No. 1, Tanjung Enim, Muara Enim, South Sumatra, Palembang, IDN, 31716

Website

https://www.ptba.co.id

PT Bukit Asam Tbk is an Indonesia-based company engaged in the coal mining industry and related activities, including general probing, exploration, exploitation, processing, transportation, and trading, managing coal port facilities for own needs or other parties, operating coal-fired power plants for own needs and other parties, and providing consulting and engineering services related to the coal mining industry and its processed products, plantation development, and health services. The company earns a majority of its revenue from Indonesia.

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