Havilah Resources (ASX:HAV) Cash-to-Debt : 22.19 (As of Jan. 2024)

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What is Havilah Resources 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. Havilah Resources's cash to debt ratio for the quarter that ended in Jan. 2024 was 22.19.

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, Havilah Resources could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

The historical rank and industry rank for Havilah Resources's Cash-to-Debt or its related term are showing as below:

ASX:HAV' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.21 Med: 16.42 Max: 161.5
Current: 22.19

During the past 13 years, Havilah Resources's highest Cash to Debt Ratio was 161.50. The lowest was 0.21. And the median was 16.42.

ASX:HAV's Cash-to-Debt is ranked better than
51.37% of 2636 companies
in the Metals & Mining industry
Industry Median: 17.875 vs ASX:HAV: 22.19

Havilah Resources Cash-to-Debt Historical Data

The historical data trend for Havilah Resources'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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Havilah Resources Cash-to-Debt Chart

Havilah Resources Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Cash-to-Debt

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1.45

10.68

63.60

15.48

21.23

Havilah Resources Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															17.79	15.48	10.15	21.23	22.19

Competitive Comparison of Havilah Resources's Cash-to-Debt

For the Gold subindustry, Havilah Resources'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.

Havilah Resources's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Havilah Resources 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.

Havilah Resources's Cash to Debt Ratio for the fiscal year that ended in Jul. 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)
	=	3.651	/	(0.038	+	0.134)
	=	21.23

Havilah Resources's Cash to Debt Ratio for the quarter that ended in Jan. 2024 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)
	=	3.484	/	(0.031	+	0.126)
	=	22.19

Havilah Resources (ASX:HAV) 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.

Havilah Resources Cash-to-Debt Related Terms

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Havilah Resources (ASX:HAV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Havilah Resources Ltd (ASX:HAV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

FWL:Germany

Address

107 Rundle Street, Kent Town, SA, AUS, 5067

Website

https://www.havilah-resources.com.au

Havilah Resources Ltd is a mineral exploration and development company. The company explores Gold, copper, cobalt, and other base metals. It is engaged in exploring its projects in South Australia. The company holds interests in the Kalkaroo copper-gold-molybdenum project, Mutooroo copper-cobalt-gold project, Maldorky iron ore project, Grants iron ore project, and Prospect Hill tin project.

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