Bushveld Minerals (LSE:BMN) Cash-to-Debt : 0.05 (As of Jun. 2023)

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What is Bushveld 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. Bushveld Minerals's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.05.

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, Bushveld Minerals couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

LSE:BMN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.75 Max: No Debt
Current: 0.05

During the past 12 years, Bushveld Minerals's highest Cash to Debt Ratio was No Debt. The lowest was 0.05. And the median was 0.75.

LSE:BMN's Cash-to-Debt is ranked worse than
93.46% of 2645 companies
in the Metals & Mining industry
Industry Median: 18.37 vs LSE:BMN: 0.05

Bushveld Minerals Cash-to-Debt Historical Data

The historical data trend for Bushveld 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.

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Bushveld Minerals Cash-to-Debt Chart

Bushveld Minerals Annual Data

Trend

Feb13

Feb14

Feb15

Feb16

Feb17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

0.76

0.75

0.18

0.15

Bushveld Minerals Semi-Annual Data
	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															0.61	0.18	0.11	0.15	0.05

Competitive Comparison of Bushveld Minerals's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Bushveld 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.

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

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

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

Bushveld 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.

Bushveld Minerals'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)
	=	11.452	/	(39.752	+	34.476)
	=	0.15

Bushveld Minerals'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)
	=	3.806	/	(39.99	+	34.787)
	=	0.05

Bushveld Minerals (LSE:BMN) 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.

Bushveld Minerals Cash-to-Debt Related Terms

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

Bushveld Minerals (LSE:BMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bushveld Minerals Ltd (LSE:BMN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BSHVF:USA 23U:Germany

Address

9 Harries Road, Illovo, 2nd Floor, Building 3, Illovo Edge Office Park, Johannesburg, GT, ZAF, 2116

Website

https://www.bushveldminerals.com

Bushveld Minerals Ltd is a low-cost, vertically integrated primary vanadium producer. Bushveld offers a compelling exposure to vanadium because it operates across both the upstream and downstream value chains through Bushveld Vanadium and Bushveld Energy. The company participates in the entire vanadium value chain through its three main pillars: vanadium mining and production, which consists of the Vametco and Vanchem operations; energy and mineral exploration activities for vanadium and coal exploration (together "Exploration"). Activities take place in South Africa (iron ore, vanadium and energy), Madagascar (coal), other African countries (energy project development) and global (battery investment, vanadium sales).

Bushveld Minerals (LSE:BMN) Headlines

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