Chilwa Minerals (ASX:CHW) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Chilwa 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. Chilwa Minerals's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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, Chilwa 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 Chilwa Minerals's Cash-to-Debt or its related term are showing as below:

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

During the past 1 years, Chilwa Minerals's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

ASX:CHW's Cash-to-Debt is ranked better than
99.96% of 2653 companies
in the Metals & Mining industry
Industry Median: 17.77 vs ASX:CHW: No Debt

Chilwa Minerals Cash-to-Debt Historical Data

The historical data trend for Chilwa 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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Chilwa Minerals Cash-to-Debt Chart

Chilwa Minerals Annual Data

Trend

Jun23

Cash-to-Debt

No Debt

Chilwa Minerals Semi-Annual Data
	Dec22	Jun23	Dec23
Cash-to-Debt	No Debt	No Debt	No Debt

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

For the Other Industrial Metals & Mining subindustry, Chilwa 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.

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

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

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

Chilwa 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.

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

Chilwa Minerals had no debt ⁽¹⁾.

Chilwa Minerals's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Chilwa Minerals had no debt ⁽¹⁾.

Chilwa Minerals (ASX:CHW) 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.

Chilwa Minerals Cash-to-Debt Related Terms

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

Chilwa Minerals (ASX:CHW) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 St Georges Terrace, Level 9, Perth, WA, AUS, 6000

Website

https://www.chilwaminerals.com.au

Chilwa Minerals Ltd is formed for the purpose of exploring and developing a portfolio of high-quality market sustaining HMS assets with a primary focus on the Lake Chilwa precinct in Malawi, Africa. The principal activities of the Company consisted of due diligence exploration and development activities at the mineral exploration project at Chilwa Heavy Mineral Sands Project (Project) in Malawi which is the subject of a Share Sale Agreement between the Company, Mota-Engil Investments. The Project is located around the northern, western and southern shores of Lake Chilwa in southern Malawi.

Chilwa Minerals (ASX:CHW) Cash-to-Debt : No Debt (1) (As of Dec. 2023)