Australian Zircon NL (ASX:AZCCA) Cash-to-Debt : 0.00 (As of Jun. 2015)

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What is Australian Zircon NL 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. Australian Zircon NL's cash to debt ratio for the quarter that ended in Jun. 2015 was 0.00.

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, Australian Zircon NL couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2015.

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

During the past 13 years, Australian Zircon NL's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.13.

ASX:AZCCA's Cash-to-Debt is not ranked ^*
in the Metals & Mining industry.
Industry Median: 17.59
* Ranked among companies with meaningful Cash-to-Debt only.

Australian Zircon NL Cash-to-Debt Historical Data

The historical data trend for Australian Zircon NL'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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Australian Zircon NL Cash-to-Debt Chart

Australian Zircon NL Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Cash-to-Debt

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0.03

0.01

Australian Zircon NL Semi-Annual Data
	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Jun10	Jun11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.01	-	0.01	-

Competitive Comparison of Australian Zircon NL's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Australian Zircon NL'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.

Australian Zircon NL's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Australian Zircon NL 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.

Australian Zircon NL's Cash to Debt Ratio for the fiscal year that ended in Jun. 2015 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)
	=	0.1	/	(106.864	+	0)
	=	0.00

Australian Zircon NL's Cash to Debt Ratio for the quarter that ended in Jun. 2015 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)
	=	0.1	/	(106.864	+	0)
	=	0.00

Australian Zircon NL (ASX:AZCCA) 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.

Australian Zircon NL Cash-to-Debt Related Terms

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

Australian Zircon NL (ASX:AZCCA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Australian Zircon NL (ASX:AZCCA) » Definitions » Cash-to-Debt

Comparable Companies

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Address

Website

http://www.auzircon.com.au

Australian Zircon NL is incorporated in Australia and was founded in 1994. The Company is engaged in mineral sands exploration and mining business. The Company focuses on developing the WIM150 mineral sands project located in the Wimmera region of western Victoria. It also holds interest in the EL 5460 exploration tenement located in the Horsham region, Victoria.

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