Breakaway Resources Limited (ASX:BRW) Cash-to-Debt : 6.30 (As of Jun. 2013)

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What is Breakaway Resources Limited 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. Breakaway Resources Limited's cash to debt ratio for the quarter that ended in Jun. 2013 was 6.30.

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, Breakaway Resources Limited could pay off its debt using the cash in hand for the quarter that ended in Jun. 2013.

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

ASX:BRW's Cash-to-Debt is not ranked ^*
in the Metals & Mining industry.
Industry Median: 17.69
* Ranked among companies with meaningful Cash-to-Debt only.

Breakaway Resources Limited Cash-to-Debt Historical Data

The historical data trend for Breakaway Resources Limited'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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Breakaway Resources Limited Cash-to-Debt Chart

Breakaway Resources Limited Annual Data

Trend

Jun04

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Cash-to-Debt

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0.31

7.03

11.84

3.03

6.30

Breakaway Resources Limited Semi-Annual Data
	Dec03	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13
Cash-to-Debt	Get a 7-Day Free Trial															11.84	No Debt	3.03	8.47	6.30

Competitive Comparison of Breakaway Resources Limited's Cash-to-Debt

For the Gold subindustry, Breakaway Resources Limited'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.

Breakaway Resources Limited's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Breakaway Resources Limited's Cash-to-Debt falls into.

Breakaway Resources Limited 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.

Breakaway Resources Limited's Cash to Debt Ratio for the fiscal year that ended in Jun. 2013 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)
	=	0.567	/	(0	+	0.09)
	=	6.30

Breakaway Resources Limited's Cash to Debt Ratio for the quarter that ended in Jun. 2013 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)
	=	0.567	/	(0	+	0.09)
	=	6.30

Breakaway Resources Limited (ASX:BRW) 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.

Breakaway Resources Limited Cash-to-Debt Related Terms

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Breakaway Resources Limited (ASX:BRW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Breakaway Resources Limited (ASX:BRW) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.breakawayresources.com.au

Breakaway Resources Limited (BRW, formerly Amalg Resources NL) is an exploration company, with gold, nickel and base metal projects located in WA and QLD.