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Hastings Technology MetalsASX:HAS -3.28%22 Cash-to-Debt is 0.88 as of Dec. 2025, which is 99% below its 10-year median of 129.84. GuruFocus rates ASX:HAS with a GF Score™ of 22/100. The stock has 5 warning signs investors should review. Among 2,612 Metals & Mining companies, Hastings Technology Metals ranks worse than 75.5% 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. Hastings Technology Metals's cash to debt ratio for the quarter that ended in Dec. 2025 was 0.88.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Hastings Technology Metalscouldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
The historical rank and industry rank for Hastings Technology Metals's Cash-to-Debt or its related term are showing as below:
ASX:HAS'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 129.84 Max: No Debt
Current: 0.88
During the past 13 years, Hastings Technology Metals's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was 129.84.
ASX:HAS's Cash-to-Debt is ranked worse than 75.5% of 2612
companies
in the Metals & Mining industry
Industry Median: 33.885
vs ASX:HAS: 0.88
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.
Hastings Technology Metals Cash-to-Debt Related Terms
Hastings Technology Metals Cash-to-Debt Historical Data
* 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 Other Industrial Metals & Mining subindustry, Hastings Technology 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.
Hastings Technology Metals Cash-to-Debt vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hastings Technology Metals's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Hastings Technology Metals'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.
Hastings Technology Metals (ASX:HAS) has a Cash-to-Debt of 0.88 as of Dec. 2025. This is 99% below median its historical median of 129.84. Over the past decade, Hastings Technology Metals' Cash-to-Debt has ranged from 0.04 to 10,000.00. According to the industry distribution chart, Hastings Technology Metals ranks #1972 out of 2612 companies in the Metals & Mining industry, placing it in the top 75.5%.
Is Hastings Technology Metals' Cash-to-Debt too high?
Hastings Technology Metals' current Cash-to-Debt of 0.88 is 99% below median its 10-year median of 129.84. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 10,000.00. The Metals & Mining industry median Cash-to-Debt is 33.89. Hastings Technology Metals' value of 0.88 is 97.4% below this industry median. Based on the distribution chart, Hastings Technology Metals ranks #1972 out of 2612 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Hastings Technology Metals has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Hastings Technology Metals' Cash-to-Debt compare to competitors?
According to the Metals & Mining industry distribution chart, Hastings Technology Metals ranks #1972 out of 2612 companies for Cash-to-Debt. This places Hastings Technology Metals in the lower half of its industry. The industry median Cash-to-Debt is 33.89. Hastings Technology Metals' value of 0.88 is 97.4% below this benchmark. Historically, Hastings Technology Metals' own Cash-to-Debt has ranged from 0.04 to 10,000.00 over the past decade. While the company's 10-year median is 129.84 vs. the industry median of 33.89, Hastings Technology Metals has consistently been below 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 Metals & Mining company?
The median Cash-to-Debt among Metals & Mining companies is 33.89, based on 2,612 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. Hastings Technology Metals's current Cash-to-Debt of 0.88 is 97.4% below 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 Metals & Mining industry, the median Cash-to-Debt is 33.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hastings Technology Metals's current Cash-to-Debt is 0.88, which is 99% below median its own 10-year median of 129.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hastings Technology Metals stock overvalued right now?
Hastings Technology Metals (ASX:HAS) has a current Cash-to-Debt of 0.88. The current Cash-to-Debt is 0.88, which is 99% below median its 10-year median of 129.84 and 97.4% below the Metals & Mining industry median of 33.89. Hastings Technology Metals' overall GF Score™ is 22/100 with 5 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 Hastings Technology Metals (ASX:HAS), the current Cash-to-Debt is 0.88 as of Dec. 2025. 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.
Hastings Technology Metals Ltd engages in the exploration of rare earth metals and natural resources. It holds interests in the Yangibana rare earth project located in the Gascoyne region of Western Australia; and the Brockman project located in the East Kimberley region of Western Australia which comprises resources of the rare metals zircon, niobium and tantalum, and the heavy rare earth yttrium.
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