Romarco Minerals (FRA:M1R) Cash-to-Debt : 15.12 (As of Jun. 2015)

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

What is Romarco 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. Romarco Minerals's cash to debt ratio for the quarter that ended in Jun. 2015 was 15.12.

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, Romarco Minerals could pay off its debt using the cash in hand for the quarter that ended in Jun. 2015.

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

FRA:M1R' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.83 Med: No Debt Max: No Debt
Current: 15.12

During the past 13 years, Romarco Minerals's highest Cash to Debt Ratio was No Debt. The lowest was 1.83. And the median was No Debt.

FRA:M1R's Cash-to-Debt is not ranked
in the Metals & Mining industry.
Industry Median: 18.37 vs FRA:M1R: 15.12

Romarco Minerals Cash-to-Debt Historical Data

The historical data trend for Romarco 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.

* Premium members only.

Romarco Minerals Cash-to-Debt Chart

Romarco Minerals Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

Romarco Minerals Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	15.12

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

For the Other Industrial Metals & Mining subindustry, Romarco 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.

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

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

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

Romarco 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.

Romarco Minerals's Cash to Debt Ratio for the fiscal year that ended in Dec. 2014 is calculated as:

Romarco Minerals had no debt ⁽¹⁾.

Romarco Minerals's Cash to Debt Ratio for the quarter that ended in Jun. 2015 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)
	=	129.285	/	(0	+	8.551)
	=	15.12

Romarco Minerals (FRA:M1R) 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.

Romarco Minerals Cash-to-Debt Related Terms

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

Romarco Minerals (FRA:M1R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Romarco Minerals Inc. (FRA:M1R) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.romarco.com

Romarco Minerals Inc., was amalgamated under the laws of Ontario pursuant to the Business Corporations Act (Ontario) by Articles of Amalgamation dated July 11, 1995 pursuant to the terms of an amalgamation agreement dated May 12, 1995 between Romarco Holdings Inc. and Winstaff Ventures Ltd. It is an exploration and development stage mining company engaged in the acquisition, exploration and development of precious metals mineral properties. The Company's principal property is the Haile project in South Carolina.

Romarco Minerals (FRA:M1R) Headlines

No Headlines