Metal Hawk (ASX:MHK) Cash-to-Debt : 51.45 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Metal Hawk 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. Metal Hawk's cash to debt ratio for the quarter that ended in Dec. 2023 was 51.45.

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

ASX:MHK' s Cash-to-Debt Range Over the Past 10 Years
Min: 10.58 Med: 74.62 Max: 207.2
Current: 51.45

During the past 4 years, Metal Hawk's highest Cash to Debt Ratio was 207.20. The lowest was 10.58. And the median was 74.62.

ASX:MHK's Cash-to-Debt is ranked better than
56.27% of 2646 companies
in the Metals & Mining industry
Industry Median: 18.395 vs ASX:MHK: 51.45

Metal Hawk Cash-to-Debt Historical Data

The historical data trend for Metal Hawk'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.

* Premium members only.

Metal Hawk Cash-to-Debt Chart

Metal Hawk Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

No Debt

78.54

207.20

10.58

Metal Hawk Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			149.57	207.20	14.10	10.58	51.45

Competitive Comparison of Metal Hawk's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Metal Hawk'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.

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

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

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

Metal Hawk 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.

Metal Hawk'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)
	=	0.952	/	(0.038	+	0.052)
	=	10.58

Metal Hawk'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)
	=	3.653	/	(0.039	+	0.032)
	=	51.45

Metal Hawk (ASX:MHK) 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.

Metal Hawk Cash-to-Debt Related Terms

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

Metal Hawk (ASX:MHK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Metal Hawk Ltd (ASX:MHK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Kings Park Road, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.metalhawk.com.au

Metal Hawk Ltd is a West Australian mineral exploration company. It is focused on the early-stage discovery of gold and nickel sulphides. The company's projects include Eastern Goldfields and Albany Fraser orogen.