Critica (ASX:CRI) Cash-to-Debt : 29.43 (As of Dec. 2024)

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What is Critica 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. Critica's cash to debt ratio for the quarter that ended in Dec. 2024 was 29.43.

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

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

ASX:CRI' s Cash-to-Debt Range Over the Past 10 Years
Min: 11.65 Med: No Debt Max: No Debt
Current: 29.43

During the past 13 years, Critica's highest Cash to Debt Ratio was No Debt. The lowest was 11.65. And the median was No Debt.

ASX:CRI's Cash-to-Debt is ranked better than
52.56% of 2582 companies
in the Metals & Mining industry
Industry Median: 20.12 vs ASX:CRI: 29.43

Critica Cash-to-Debt Historical Data

The historical data trend for Critica'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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Critica Cash-to-Debt Chart

Critica Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

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No Debt

138.68

92.32

11.65

Critica Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															74.08	92.32	12.71	11.65	29.43

Competitive Comparison of Critica's Cash-to-Debt

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

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

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

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

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Critica 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.

Critica'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)
	=	1.643	/	(0.064	+	0.077)
	=	11.65

Critica's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	5.828	/	(0.064	+	0.134)
	=	29.43

Critica (ASX:CRI) 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.

Critica Cash-to-Debt Related Terms

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Critica Business Description

Industry

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

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VTMLF:USA

Address

16 Altona Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.critica.limited

Critica Ltd is dedicated to discovering and developing critical mineral deposits to feed global demand for the minerals that are vital to modern technology and the green energy transition. The company is advancing Jupiter and the Brothers Project, which is strategically located in a mining precinct in Western Australia. Discovered in late 2023, the clay-hosted, rare-earth project is just 250Km east of the port at Geraldton. It boasts high grades of total rare earth oxides combined with an incredibly low prevalence of thorium and uranium across the significant area of the discovery.