Aquarius Platinum (Aquarius Platinum) Cash-to-Debt : 57.37 (As of Dec. 2015)

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What is Aquarius 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. Aquarius Platinum's cash to debt ratio for the quarter that ended in Dec. 2015 was 57.37.

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, Aquarius Platinum could pay off its debt using the cash in hand for the quarter that ended in Dec. 2015.

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

AQPTY's Cash-to-Debt is not ranked ^*
in the Metals & Mining industry.
Industry Median: 17.81
* Ranked among companies with meaningful Cash-to-Debt only.

Aquarius Platinum Cash-to-Debt Historical Data

The historical data trend for Aquarius 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.

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Aquarius Platinum Cash-to-Debt Chart

Aquarius Platinum Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Cash-to-Debt

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1.12

0.59

0.29

1.14

1.54

Aquarius Platinum Semi-Annual Data
	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15
Cash-to-Debt	Get a 7-Day Free Trial															0.30	1.14	74.41	1.54	57.37

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

For the Other Industrial Metals & Mining subindustry, Aquarius 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.

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

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

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

Aquarius 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.

Aquarius Platinum's Cash to Debt Ratio for the fiscal year 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)
	=	195.773	/	(124.88	+	2.02)
	=	1.54

Aquarius Platinum's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	42.169	/	(0	+	0.735)
	=	57.37

Aquarius Platinum (OTCPK:AQPTY) 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.

Aquarius Platinum Cash-to-Debt Related Terms

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Aquarius Platinum (Aquarius Platinum) Business Description

Industry

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

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Address

Website

http://www.aquariusplatinum.com

Aquarius Platinum Ltd was incorporated in Bermuda as an exempted company and is subject to Bermudian law. The Company is a producer of the platinum group metals, which comprise platinum, palladium, rhodium, osmium, ruthenium and iridium. The Ruthenium and iridium are produced in smaller quantities as co-products, with the base metals nickel, copper and chrome produced as by-products. The Company's operations include Kroondal and Mimosa. The Kroondal is located up-dip of Amplat's Rustenburg Platinum Mine, exploits the UG2 reef in the Townlands and Kroondal ore bodies via five operating decline shafts to depths of up to 700m. The Mimosa is located on the Wedza sub-chamber of the southern portion of the Great Dyke in Zimbabwe.

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