Nkwe Platinum (Nkwe Platinum) Cash-to-Debt : 1.22 (As of Jun. 2018)

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

What is Nkwe Platinum 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. Nkwe Platinum's cash to debt ratio for the quarter that ended in Jun. 2018 was 1.22.

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, Nkwe Platinum could pay off its debt using the cash in hand for the quarter that ended in Jun. 2018.

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

NKWEY's Cash-to-Debt is not ranked ^*
in the Metals & Mining industry.
Industry Median: 18.2
* Ranked among companies with meaningful Cash-to-Debt only.

Nkwe Platinum Cash-to-Debt Historical Data

The historical data trend for Nkwe Platinum'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.

Nkwe Platinum Cash-to-Debt Chart

Nkwe Platinum Annual Data

Trend

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Dec16

Dec17

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

Nkwe Platinum Semi-Annual Data
	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	1.22

Competitive Comparison of Nkwe Platinum's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Nkwe Platinum'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.

Nkwe Platinum's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Nkwe Platinum 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.

Nkwe Platinum's Cash to Debt Ratio for the fiscal year that ended in Dec. 2017 is calculated as:

Nkwe Platinum had no debt ⁽¹⁾.

Nkwe Platinum's Cash to Debt Ratio for the quarter that ended in Jun. 2018 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)
	=	5.846	/	(0	+	4.804)
	=	1.22

Nkwe Platinum (OTCPK:NKWEY) 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.

Nkwe Platinum Cash-to-Debt Related Terms

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

Nkwe Platinum (Nkwe Platinum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nkwe Platinum Ltd (OTCPK:NKWEY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 1, 18 Kings Park Road, West Perth, Perth, WA, AUS, 6005

Website

http://www.nkweplatinum.com

Nkwe Platinum Ltd is a platinum exploration company targeting mid-level projects and market capitalization. The company is involved in baskets of platinum projects in Limpopo in South Africa. The firm's flagship project is the Garatau project which comprises of three properties namely De Kom 252 KT, Garataouw 282KT and Hoepakrantz 291 KT. These three properties are located in the Eastern Limb of the Bushveld complex, South Africa. The project has a surface footprint of over 5000 hectares and is underlain by both the Platinum bearing Merensky Reef and UG2 chromitite.

Nkwe Platinum (Nkwe Platinum) Headlines

No Headlines