Discovery Metals (ASX:DML) Cash-to-Debt : 0.04 (As of Jun. 2014)

Discovery Metals Cash-to-Debt Chart

Discovery Metals Annual Data
	Trend	Jun05	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14
Cash-to-Debt		Get a 7-Day Free Trial					No Debt	382.85	0.42	0.26	0.04

Discovery Metals Semi-Annual Data
	Jun04	Jun05	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14
Cash-to-Debt	Get a 7-Day Free Trial						No Debt	382.85	0.42	0.26	0.04

Competitive Comparison of Discovery Metals's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Discovery Metals'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.

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

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

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

Discovery Metals 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.

Discovery Metals's Cash to Debt Ratio for the fiscal year that ended in Jun. 2014 is calculated as:

Discovery Metals's Cash to Debt Ratio for the quarter that ended in Jun. 2014 is calculated as:

* 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.

Discovery Metals  (ASX:DML) 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.

Discovery Metals Cash-to-Debt Related Terms

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Discovery Metals (ASX:DML) Business Description