Whitehaven Coal (FRA:WC2) Cash-to-Debt : 11.11 (As of Dec. 2023)

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What is Whitehaven Coal 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. Whitehaven Coal's cash to debt ratio for the quarter that ended in Dec. 2023 was 11.11.

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

FRA:WC2' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.16 Max: 14.69
Current: 11.1

During the past 13 years, Whitehaven Coal's highest Cash to Debt Ratio was 14.69. The lowest was 0.10. And the median was 0.16.

FRA:WC2's Cash-to-Debt is ranked better than
67.98% of 178 companies
in the Other Energy Sources industry
Industry Median: 1.915 vs FRA:WC2: 11.10

Whitehaven Coal Cash-to-Debt Historical Data

The historical data trend for Whitehaven Coal'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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Whitehaven Coal Cash-to-Debt Chart

Whitehaven Coal Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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0.29

0.10

4.97

14.69

Whitehaven Coal 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															0.18	4.97	12.59	14.69	11.11

Competitive Comparison of Whitehaven Coal's Cash-to-Debt

For the Thermal Coal subindustry, Whitehaven Coal'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.

Whitehaven Coal's Cash-to-Debt Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Whitehaven Coal's Cash-to-Debt distribution charts can be found below:

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

Whitehaven Coal 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.

Whitehaven Coal'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)
	=	1719.326	/	(44.499	+	72.547)
	=	14.69

Whitehaven Coal'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)
	=	981.525	/	(36.744	+	51.645)
	=	11.10

Whitehaven Coal (FRA:WC2) 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.

Whitehaven Coal Cash-to-Debt Related Terms

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Whitehaven Coal (FRA:WC2) Business Description

Industry

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WHITF:USA WHC:Australia

Address

259 George Street, Level 28, Sydney, NSW, AUS, 2000

Website

https://www.whitehavencoal.com.au

Whitehaven Coal is a large Australian independent thermal and semisoft metallurgical coal miner with mines in the Gunnedah Basin, New South Wales. It also owns the large Vickery and Winchester South deposits in New South Wales and Queensland, respectively. Coal is railed to ports in Newcastle for export to Asian customers. It has agreed to buy Blackwater and Daunia, two coking coal mines in Queensland, from BHP and Mitsubishi, effective mid-2024. Along with expanded production at Maules Creek and Narrabri, this should see its share of salable coal production approach 36 million metric tons from fiscal 2028, from about 13 million in fiscal 2023. Development of Vickery could see around 7 million metric tons of extra equity production, with first output likely from about 2025 in our view.

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