Coronado Global Resources (ASX:CRN) Cash-to-Debt : 1.13 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Coronado Global Resources 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. Coronado Global Resources's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.13.

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

ASX:CRN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 1.22 Max: 8.01
Current: 1.13

During the past 6 years, Coronado Global Resources's highest Cash to Debt Ratio was 8.01. The lowest was 0.06. And the median was 1.22.

ASX:CRN's Cash-to-Debt is ranked better than
71.27% of 616 companies
in the Steel industry
Industry Median: 0.425 vs ASX:CRN: 1.13

Coronado Global Resources Cash-to-Debt Historical Data

The historical data trend for Coronado Global Resources'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.

Coronado Global Resources Cash-to-Debt Chart

Coronado Global Resources Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.06

0.13

1.36

1.31

1.13

Coronado Global Resources Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial						1.36	1.53	1.31	1.50	1.13

Competitive Comparison of Coronado Global Resources's Cash-to-Debt

For the Coking Coal subindustry, Coronado Global Resources'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.

Coronado Global Resources's Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Coronado Global Resources's Cash-to-Debt distribution charts can be found below:

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

Coronado Global Resources 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.

Coronado Global Resources'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)
	=	539.634	/	(34.181	+	443.77)
	=	1.13

Coronado Global Resources'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)
	=	539.634	/	(34.181	+	443.77)
	=	1.13

Coronado Global Resources (ASX:CRN) 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.

Coronado Global Resources Cash-to-Debt Related Terms

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

Coronado Global Resources (ASX:CRN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Coronado Global Resources Inc (ASX:CRN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CODQL:USA 0QE:Germany

Address

345 Queen Street, Level 33, Central Plaza One, Brisbane, QLD, AUS, 4000

Website

https://www.coronadoglobal.com

Coronado Global Resources Inc is a producer of high-quality metallurgical coal, an essential element in the production of steel. Its geographical segment includes Australia and the United States. It derives the majority of its revenue from Australia. The Company's mining operations and development projects are located in Queensland, Australia, Pennsylvania, Virginia, and West Virginia in the United States.

Coronado Global Resources (ASX:CRN) Headlines

No Headlines