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Kaiser Reef (ASX:KAU) Cash-to-Debt : 15.11 (As of Dec. 2023)


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What is Kaiser Reef 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. Kaiser Reef's cash to debt ratio for the quarter that ended in Dec. 2023 was 15.11.

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

ASX:KAU' s Cash-to-Debt Range Over the Past 10 Years
Min: 5.94   Med: 77.92   Max: No Debt
Current: 15.11

During the past 2 years, Kaiser Reef's highest Cash to Debt Ratio was No Debt. The lowest was 5.94. And the median was 77.92.

ASX:KAU's Cash-to-Debt is ranked worse than
51.3% of 2653 companies
in the Metals & Mining industry
Industry Median: 17.77 vs ASX:KAU: 15.11

Kaiser Reef Cash-to-Debt Historical Data

The historical data trend for Kaiser Reef'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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Kaiser Reef Cash-to-Debt Chart

Kaiser Reef Annual Data
Trend Jun22 Jun23
Cash-to-Debt
24.56 5.94

Kaiser Reef Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Cash-to-Debt Get a 7-Day Free Trial 2,548.50 24.56 No Debt 5.94 15.11

Competitive Comparison of Kaiser Reef's Cash-to-Debt

For the Gold subindustry, Kaiser Reef'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.


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

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

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



Kaiser Reef 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.

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

Kaiser Reef's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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.


Kaiser Reef  (ASX:KAU) 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.


Kaiser Reef Cash-to-Debt Related Terms

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


Kaiser Reef (ASX:KAU) Business Description

Traded in Other Exchanges
Address
335 Hay Street, Unit 3, Churchill Court, Subiaco, WA, AUS, 6008
Kaiser Reef Ltd is a gold producer and exploration company with a clear focus on gold within the Lachlan Fold Belt. Its projects include A1 Gold Mine, Porcupine Flat Processing Plant, Maldon Goldfield, and Stuart Town Gold Project.

Kaiser Reef (ASX:KAU) Headlines

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