ACDC Metals (ASX:ADC) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2024)

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What is ACDC Metals 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. ACDC Metals's cash to debt ratio for the quarter that ended in Dec. 2024 was No Debt ⁽¹⁾.

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, ACDC Metals could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

ASX:ADC' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 3 years, ACDC Metals's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

ASX:ADC's Cash-to-Debt is ranked better than
99.96% of 2570 companies
in the Metals & Mining industry
Industry Median: 20.47 vs ASX:ADC: No Debt

ACDC Metals Cash-to-Debt Historical Data

The historical data trend for ACDC Metals'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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ACDC Metals Cash-to-Debt Chart

ACDC Metals Annual Data

Trend

Jun22

Jun23

Jun24

Cash-to-Debt

No Debt

ACDC Metals Semi-Annual Data
	Jun22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of ACDC Metals's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, ACDC Metals'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.

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

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

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

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ACDC Metals 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.

ACDC Metals's Cash to Debt Ratio for the fiscal year that ended in Jun. 2024 is calculated as:

ACDC Metals had no debt ⁽¹⁾.

ACDC Metals's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

ACDC Metals had no debt ⁽¹⁾.

ACDC Metals (ASX:ADC) 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.

ACDC Metals Cash-to-Debt Related Terms

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

ACDC Metals Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Collins Street, Level 6, Melbourne, VIC, AUS, 3000

Website

https://www.acdcmetals.com.au

ACDC Metals Ltd is a mineral exploration company incorporated with the view of undertaking mineral exploration and resource development, focusing on heavy mineral sands projects located in Victoria, Australia, with the ultimate goal of producing heavy mineral sands (HMS) products and rare earth elements (REE) from its Victorian assets, and further developing its licensed rare earth extraction technology. It has three operating segments: Exploration and project development; Development of ACDC Metals Rare Earth Processing Plant (REPP) Project and Corporate costs.