Hot Chili (ASX:HCH) Cash-to-Debt : 48.44 (As of Dec. 2023)

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What is Hot Chili 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. Hot Chili's cash to debt ratio for the quarter that ended in Dec. 2023 was 48.44.

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

ASX:HCH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.86 Max: 71.67
Current: 48.44

During the past 13 years, Hot Chili's highest Cash to Debt Ratio was 71.67. The lowest was 0.03. And the median was 0.86.

ASX:HCH's Cash-to-Debt is ranked better than
55.86% of 2646 companies
in the Metals & Mining industry
Industry Median: 18.395 vs ASX:HCH: 48.44

Hot Chili Cash-to-Debt Historical Data

The historical data trend for Hot Chili'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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Hot Chili Cash-to-Debt Chart

Hot Chili Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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0.30

1.51

0.72

71.67

8.86

Hot Chili Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															6.40	71.67	27.94	8.86	48.44

Competitive Comparison of Hot Chili's Cash-to-Debt

For the Copper subindustry, Hot Chili'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.

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

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

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

Hot Chili 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.

Hot Chili's Cash to Debt Ratio for the fiscal year 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)
	=	2.949	/	(0.124	+	0.209)
	=	8.86

Hot Chili'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)
	=	13.321	/	(0.139	+	0.136)
	=	48.44

Hot Chili (ASX:HCH) 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.

Hot Chili Cash-to-Debt Related Terms

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

Hot Chili (ASX:HCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hot Chili Ltd (ASX:HCH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

HHLKF:USA CHC1:Germany HCH:Canada

Address

768 Canning Highway, First Floor, Applecross, WA, AUS, 6153

Website

https://www.hotchili.net.au

Hot Chili Ltd is a mineral exploration company with assets in Chile. It aims to build shareholder value through the growth and development of its high-quality Costa Fuego copper-gold project located in a low elevation, accessible region of northern Chile. With substantial mineral resources and an active drill program testing new targets, Hot Chili provides substantial leverage to the copper price due to the size, quality and location of its resource base. Costa Fuego has an indicated resource of 2.8Mt Cu, 2.6Moz Au and 67kt of Mo (in 725Mt) and inferred resource of 0.6 Mt Cu, 1.2 Moz Au and 13kt Mo (in 202Mt).

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