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Bathurst ResourcesASX:BRL 40 Cash-to-Debt is 20.56 as of Jun. 2026, which is 736% above its 10-year median of 2.46. GuruFocus rates ASX:BRL with a GF Score™ of 40/100 and a GF Value™ of A$0.28 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 607 Steel companies, Bathurst Resources ranks better than 88.8% 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. Bathurst Resources's cash to debt ratio for the quarter that ended in Jun. 2026 was 20.56.
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, Bathurst Resourcescould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Bathurst Resources's Cash-to-Debt or its related term are showing as below:
ASX:BRL'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 2.46 Max: 27.76
Current: 27.76
During the past 13 years, Bathurst Resources's highest Cash to Debt Ratio was 27.76. The lowest was 0.14. And the median was 2.46.
ASX:BRL's Cash-to-Debt is ranked better than 88.8% of 607
companies
in the Steel industry
Industry Median: 0.37
vs ASX:BRL: 27.76
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.
Bathurst Resources Cash-to-Debt Related Terms
Bathurst Resources Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Bathurst Resources'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, Bathurst Resources'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.
Bathurst Resources Cash-to-Debt vs Steel Industry
For the Steel industry and Basic Materials sector, Bathurst Resources's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Bathurst Resources's Cash-to-Debt falls into.
* 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.
Bathurst Resources (ASX:BRL) has a Cash-to-Debt of 20.56 as of Jun. 2026. This is 736% above median its historical median of 2.46. Over the past decade, Bathurst Resources' Cash-to-Debt has ranged from 0.14 to 27.76. According to the industry distribution chart, Bathurst Resources ranks #68 out of 607 companies in the Steel industry, placing it in the top 11.2%.
Is Bathurst Resources' Cash-to-Debt too high?
Bathurst Resources' current Cash-to-Debt of 20.56 is 736% above median its 10-year median of 2.46. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 27.76. The Steel industry median Cash-to-Debt is 0.37. Bathurst Resources' value of 20.56 is 5456.8% above this industry median. Based on the distribution chart, Bathurst Resources ranks #68 out of 607 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Bathurst Resources has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bathurst Resources' Cash-to-Debt compare to HCC and AMR?
According to the Steel industry distribution chart, Bathurst Resources ranks #68 out of 607 companies for Cash-to-Debt. This places Bathurst Resources in the top 11% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 0.37. Bathurst Resources' value of 20.56 is 5456.8% above this benchmark. Historically, Bathurst Resources' own Cash-to-Debt has ranged from 0.14 to 27.76 over the past decade. While the company's 10-year median is 2.46 vs. the industry median of 0.37, Bathurst Resources has consistently been above the industry average. 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 0.37, based on 607 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. Bathurst Resources's current Cash-to-Debt of 20.56 is 5456.8% above the industry median. 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 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bathurst Resources's current Cash-to-Debt is 20.56, which is 736% above median its own 10-year median of 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bathurst Resources stock overvalued right now?
Based on GuruFocus' analysis, Bathurst Resources (ASX:BRL) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.28, compared to a current price of A$0.46 — trading 62.5% above its estimated fair value. The current Cash-to-Debt is 20.56, which is 736% above median its 10-year median of 2.46 and 5456.8% above the Steel industry median of 0.37. Bathurst Resources' overall GF Score™ is 40/100 with 3 warning signs to review. 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 Bathurst Resources (ASX:BRL), the current Cash-to-Debt is 20.56 as of Jun. 2026. 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.
Is Bathurst Resources (ASX:BRL) Overvalued in 2026?
Based on GuruFocus' analysis, Bathurst Resources stock appears to be overvalued.
The current stock price of A$0.46 is trading 62.5% above its estimated GF Value™ of A$0.28.
GuruFocus considers Bathurst Resources to be Significantly Overvalued.
Key valuation signals for ASX:BRL:
Cash-to-Debt: 20.56 (736% above median its 10-year median of 2.46)
GF Value™: A$0.28 vs. price of A$0.46 (62.5% above fair value)
Industry Position: 5456.8% above the Steel median (#68 of 607)
No single metric tells the full story. See the ASX:BRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bathurst Resources Ltd is principally engaged in the exploration, development, and production of coal. The operating business segments of the company are Export, Domestic, and Corporate, with maximum revenue from the export segment. It has three operating mines in the South Island: Canterbury Coal, Stockton, and Takitimu. It also operates Maramarua and Rotowaro in the Waikato region of the North Island. Further, it has two mines the Cascade and Escarpment mines near Westport. It earns maximum from Export segment following domestic segment.
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