Bayan Mining and Minerals (ASX:BMM) Cash-to-Debt : 24.55 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Bayan Mining and Minerals 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. Bayan Mining and Minerals's cash to debt ratio for the quarter that ended in Dec. 2023 was 24.55.

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, Bayan Mining and Minerals could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

ASX:BMM' s Cash-to-Debt Range Over the Past 10 Years
Min: 18.95 Med: 27.21 Max: 133.93
Current: 18.95

During the past 3 years, Bayan Mining and Minerals's highest Cash to Debt Ratio was 133.93. The lowest was 18.95. And the median was 27.21.

ASX:BMM's Cash-to-Debt is ranked better than
50.36% of 2605 companies
in the Metals & Mining industry
Industry Median: 17.81 vs ASX:BMM: 18.95

Bayan Mining and Minerals Cash-to-Debt Historical Data

The historical data trend for Bayan Mining and Minerals'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.

* Premium members only.

Bayan Mining and Minerals Cash-to-Debt Chart

Bayan Mining and Minerals Annual Data

Trend

Jun22

Jun23

Jun24

Cash-to-Debt

133.93

27.21

18.95

Bayan Mining and Minerals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial			133.93	32.95	27.21	24.55	18.95

Competitive Comparison of Bayan Mining and Minerals's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Bayan Mining and Minerals'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.

Bayan Mining and Minerals's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Bayan Mining and Minerals's Cash-to-Debt falls into.

Bayan Mining and Minerals 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.

Bayan Mining and Minerals'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)
	=	0.36	/	(0.019	+	0)
	=	18.95

Bayan Mining and Minerals's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	1.203	/	(0.049	+	0)
	=	24.55

Bayan Mining and Minerals (ASX:BMM) 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.

Bayan Mining and Minerals Cash-to-Debt Related Terms

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

Bayan Mining and Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bayan Mining and Minerals Ltd (ASX:BMM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

7JL:Germany

Address

22 Mount Street, Level 2, Perth, WA, AUS, 6000

Website

https://www.balkanmin.com

Balkan Mining and Minerals Ltd is focused on the early-stage exploration through to the development of borate and associated lithium in the Balkans. Its projects comprise the Rekovac, Dobrinja, and Pranjani Lithium-Borate Projects which are located within the Republic of Serbia.

Bayan Mining and Minerals Headlines

No Headlines