Dart Mining NL (ASX:DTM) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Dart Mining NL 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. Dart Mining NL's cash to debt ratio for the quarter that ended in Dec. 2023 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, Dart Mining NL could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(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 Dart Mining NL's Cash-to-Debt or its related term are showing as below:

ASX:DTM' 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, Dart Mining NL's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

ASX:DTM's Cash-to-Debt is ranked better than
99.96% of 2654 companies
in the Metals & Mining industry
Industry Median: 17.81 vs ASX:DTM: No Debt

Dart Mining NL Cash-to-Debt Historical Data

The historical data trend for Dart Mining NL'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.

Dart Mining NL Cash-to-Debt Chart

Dart Mining NL Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

Dart Mining NL Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Dart Mining NL's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Dart Mining NL'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.

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

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

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

Dart Mining NL 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.

Dart Mining NL's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Dart Mining NL had no debt ⁽¹⁾.

Dart Mining NL's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Dart Mining NL had no debt ⁽¹⁾.

Dart Mining NL (ASX:DTM) 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.

Dart Mining NL Cash-to-Debt Related Terms

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

Dart Mining NL (ASX:DTM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Dart Mining NL (ASX:DTM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

204 Melbourne Road, Level 10, Wodonga, VIC, AUS, 3690

Website

https://www.dartmining.com.au

Dart Mining NL is an Australian based company engaged in exploring and evaluating various mineral deposits and is engaged to pursue its minerals exploration activities in Lithium Li-Cs-Ta pegmatites, orogenic gold, and base metal porphyry targets. Its projects comprise of Orogenic Gold projects, Buckland Gold Project, Granite Flat project and others.