Amaero International (ASX:3DA) Cash-to-Debt : 0.75 (As of Jun. 2024)

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What is Amaero International 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. Amaero International's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.75.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Amaero International couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

ASX:3DA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.75 Med: 3.14 Max: No Debt
Current: 0.75

During the past 6 years, Amaero International's highest Cash to Debt Ratio was No Debt. The lowest was 0.75. And the median was 3.14.

ASX:3DA's Cash-to-Debt is ranked worse than
70.86% of 2605 companies
in the Metals & Mining industry
Industry Median: 17.97 vs ASX:3DA: 0.75

Amaero International Cash-to-Debt Historical Data

The historical data trend for Amaero International'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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Amaero International Cash-to-Debt Chart

Amaero International Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

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1.29

4.24

2.04

5.38

0.75

Amaero International Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial					2.04	5.19	5.38	40.63	0.75

Competitive Comparison of Amaero International's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Amaero International'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.

Amaero International's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Amaero International 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.

Amaero International's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	11.988	/	(0.03	+	16.041)
	=	0.75

Amaero International's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	11.988	/	(0.03	+	16.041)
	=	0.75

Amaero International (ASX:3DA) 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.

Amaero International Cash-to-Debt Related Terms

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Amaero International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Amaero International Ltd (ASX:3DA) » Definitions » Cash-to-Debt

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AMROF:USA

Address

130 Innovation Drive SW, Mcdonald, Melbourne, USA, 37353

Website

https://www.amaero.com.au

Amaero International Ltd is an Australian based company. It is engaged in the manufacturing of format complex components in metal with laser-based additive manufacturing processes. The firm uses 3D printers to make components out of various metal alloys for its clients, mainly in the Aviation; Defence; Space sectors, and Tool and Die industries. It generates its revenue in the form of research and development, design and prototyping, and 3D printing equipment and consumables among others.

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