GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » North Stawell Minerals Ltd (ASX:NSM) » Definitions » Cash-to-Debt

North Stawell Minerals (ASX:NSM) Cash-to-Debt : 44.70 (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is North Stawell Minerals 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. North Stawell Minerals's cash to debt ratio for the quarter that ended in Dec. 2023 was 44.70.

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, North Stawell Minerals could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

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

ASX:NSM' s Cash-to-Debt Range Over the Past 10 Years
Min: 44.7   Med: No Debt   Max: No Debt
Current: 44.7

During the past 3 years, North Stawell Minerals's highest Cash to Debt Ratio was No Debt. The lowest was 44.70. And the median was No Debt.

ASX:NSM's Cash-to-Debt is ranked better than
55.45% of 2649 companies
in the Metals & Mining industry
Industry Median: 17.62 vs ASX:NSM: 44.70

North Stawell Minerals Cash-to-Debt Historical Data

The historical data trend for North Stawell Minerals'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.

* Premium members only.

North Stawell Minerals Cash-to-Debt Chart

North Stawell Minerals Annual Data
Trend Jun21 Jun22 Jun23
Cash-to-Debt
No Debt No Debt No Debt

North Stawell Minerals Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash-to-Debt Get a 7-Day Free Trial No Debt No Debt No Debt No Debt 44.70

Competitive Comparison of North Stawell Minerals's Cash-to-Debt

For the Gold subindustry, North Stawell Minerals'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.

North Stawell Minerals's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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


North Stawell Minerals 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.

North Stawell Minerals's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

North Stawell Minerals had no debt (1).

North Stawell Minerals'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)
=1.341 / (0.03 + 0)
=44.70

* 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.

North Stawell Minerals  (ASX:NSM) 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.

North Stawell Minerals Cash-to-Debt Related Terms

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

North Stawell Minerals (ASX:NSM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » North Stawell Minerals Ltd (ASX:NSM) » Definitions » Cash-to-Debt
Comparable Companies
ASX:KGD ASX:KAL ASX:KNB ASX:SRI ASX:TKL ASX:CTN ASX:DAF ASX:R8R ASX:WGR ASX:OZZ SHSE:601899 NEM TSX:ABX TSX:FNV TSX:AEM TSX:WPM MIC:PLZL SHSE:600547 ASX:NCM JSE:GFI
Traded in Other Exchanges
N/A
Address
Leviathan Road, Stawell, VIC, AUS, 3380
Website
https://www.northstawellminerals.com
North Stawell Minerals Ltd is engaged in the exploration and development of gold deposits. The company holds interests in prospective tenements to the North of the 5Moz Stawell Gold Mine in Victoria, Australia. The projects include Wildwood, Barrabool, Glenorchy, Germania, West Barrabool, Wimmera Park Granite and Deep.