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Advance MetalsASX:AVM Cash-to-Debt is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 10,000.00. The stock has 1 warning sign investors should review. Among 609 Steel companies, Advance Metals ranks better than 99.67% on this metric.
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. Advance Metals's cash to debt ratio for the quarter that ended in Dec. 2025 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, Advance Metalscould pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
(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 Advance Metals's Cash-to-Debt or its related term are showing as below:
ASX:AVM'
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 13 years, Advance Metals's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.
ASX:AVM's Cash-to-Debt is ranked better than 99.67% of 609
companies
in the Steel industry
Industry Median: 0.39
vs ASX:AVM: No Debt
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.
Advance Metals Cash-to-Debt Related Terms
Advance Metals Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Advance 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.
For the Coking Coal subindustry, Advance 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.
Advance Metals Cash-to-Debt vs Steel Industry
For the Steel industry and Basic Materials sector, Advance Metals's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Advance Metals's Cash-to-Debt falls into.
Advance Metals's Cash to Debt Ratio for the fiscal year that ended in Dec. 2025 is calculated as:
Advance Metals had no debt (1).
Advance Metals's Cash to Debt Ratio for the quarter that ended in Dec. 2025 is calculated as:
Advance Metals had no debt (1).
* 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.
What does a Cash-to-Debt of No Debt <sup>(1)</sup> mean?
Advance Metals (ASX:AVM) has a Cash-to-Debt of No Debt (1) as of Dec. 2025. This is 100% below median its historical median of 10,000.00. Over the past decade, Advance Metals' Cash-to-Debt has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Advance Metals ranks #2 out of 609 companies in the Steel industry, placing it in the top 0.3%.
Is Advance Metals' Cash-to-Debt too high?
Advance Metals' current Cash-to-Debt of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, Advance Metals ranks #2 out of 609 companies in the Steel industry, which is in the top quartile — a strong position relative to peers.
How does Advance Metals' Cash-to-Debt compare to HCC and AMR?
According to the Steel industry distribution chart, Advance Metals ranks #2 out of 609 companies for Cash-to-Debt. This places Advance Metals in the top 0% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 0.39. Historically, Advance Metals' own Cash-to-Debt has ranged from 10,000.00 to 10,000.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Steel company?
The median Cash-to-Debt among Steel companies is 0.39, based on 609 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Steel industry, the median Cash-to-Debt is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advance Metals's current Cash-to-Debt is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Metals stock overvalued right now?
Advance Metals (ASX:AVM) has a current Cash-to-Debt of No Debt (1). The current Cash-to-Debt is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Advance Metals (ASX:AVM), the current Cash-to-Debt is No Debt (1) as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Advance Metals Ltd is a Australia-based mineral exploration company engaged in investment in renewable energy and coal exploration. It holds coal licenses for exploration in the coking coal regions of Kootenay in British Columbia and applications for exploration licenses in the metallurgical coal region of the Arkoma Basin in Oklahoma. The Group has only two reportable segments, being the geographic location of assets in Canada and Australia. The company plans to develop a portfolio of projects that support the green economy through the discovery and delivery of commodities that promote electrification and decarbonization.
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