Dynamic Metals (ASX:DYM) Cash-to-Debt : 56.25 (As of Dec. 2024)

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What is Dynamic Metals 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. Dynamic Metals's cash to debt ratio for the quarter that ended in Dec. 2024 was 56.25.

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, Dynamic Metals 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 Dynamic Metals's Cash-to-Debt or its related term are showing as below:

ASX:DYM' s Cash-to-Debt Range Over the Past 10 Years
Min: 56.25 Med: 62.6 Max: 70.03
Current: 56.25

During the past 2 years, Dynamic Metals's highest Cash to Debt Ratio was 70.03. The lowest was 56.25. And the median was 62.60.

ASX:DYM's Cash-to-Debt is ranked better than
55.92% of 2575 companies
in the Metals & Mining industry
Industry Median: 20.29 vs ASX:DYM: 56.25

Dynamic Metals Cash-to-Debt Historical Data

The historical data trend for Dynamic Metals'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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Dynamic Metals Cash-to-Debt Chart

Dynamic Metals Annual Data

Trend

Jun23

Jun24

Cash-to-Debt

64.90

70.03

Dynamic Metals Semi-Annual Data
	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	64.90	60.29	70.03	56.25

Competitive Comparison of Dynamic Metals's Cash-to-Debt

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

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

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

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

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Dynamic Metals 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.

Dynamic Metals'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)
	=	2.171	/	(0.031	+	0)
	=	70.03

Dynamic Metals'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)
	=	4.669	/	(0.035	+	0.048)
	=	56.25

Dynamic Metals (ASX:DYM) 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.

Dynamic Metals Cash-to-Debt Related Terms

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Dynamic Metals Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Richardson Street, Level 1, West Perth, WA, AUS, 6005

Website

https://www.dynamicmetals.com.au

Dynamic Metals Ltd is a minerals exploration and development company. It focuses on three main mineral projects located in Western Australia prospective for lithium, nickel, and gold. Project includes Widgiemooltha, Higginsville, Lake Percy, Deep Well Project.

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