Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Iron RoadASX:IRD -30.00% Cash-to-Debt is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 10,000.00. The stock has 2 warning signs investors should review. Among 609 Steel companies, Iron Road ranks better than 99.67% 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. Iron Road's cash to debt ratio for the quarter that ended in Dec. 2025 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, Iron Roadcould pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
(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 Iron Road's Cash-to-Debt or its related term are showing as below:
ASX:IRD'
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, Iron Road's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.
ASX:IRD's Cash-to-Debt is ranked better than 99.67% of 609
companies
in the Steel industry
Industry Median: 0.39
vs ASX:IRD: No Debt
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.
Iron Road Cash-to-Debt Related Terms
Iron Road Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Iron Road'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.
For the Steel subindustry, Iron Road'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.
Iron Road Cash-to-Debt vs Steel Industry
For the Steel industry and Basic Materials sector, Iron Road's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Iron Road's Cash-to-Debt falls into.
Iron Road's Cash to Debt Ratio for the fiscal year that ended in Jun. 2025 is calculated as:
Iron Road had no debt (1).
Iron Road's Cash to Debt Ratio for the quarter that ended in Dec. 2025 is calculated as:
Iron Road had no debt (1).
* 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.
What does a Cash-to-Debt of No Debt <sup>(1)</sup> mean?
Iron Road (ASX:IRD) has a Cash-to-Debt of No Debt (1) as of Dec. 2025. This is 100% below median its historical median of 10,000.00. Over the past decade, Iron Road's Cash-to-Debt has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Iron Road ranks #2 out of 609 companies in the Steel industry, placing it in the top 0.3%.
Is Iron Road's Cash-to-Debt too high?
Iron Road's current Cash-to-Debt of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, Iron Road ranks #2 out of 609 companies in the Steel industry, which is in the top quartile — a strong position relative to peers.
How does Iron Road's Cash-to-Debt compare to NUE and STLD?
According to the Steel industry distribution chart, Iron Road ranks #2 out of 609 companies for Cash-to-Debt. This places Iron Road in the top 0% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 0.39. Historically, Iron Road's own Cash-to-Debt has ranged from 10,000.00 to 10,000.00 over the past decade. 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 Steel company?
The median Cash-to-Debt among Steel companies is 0.39, based on 609 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. 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 Steel industry, the median Cash-to-Debt is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iron Road's current Cash-to-Debt is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iron Road stock overvalued right now?
Iron Road (ASX:IRD) has a current Cash-to-Debt of No Debt (1). The current Cash-to-Debt is No Debt (1), which is 100% below median its 10-year median of 10,000.00. 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 Iron Road (ASX:IRD), the current Cash-to-Debt is No Debt (1) 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.
Iron Road Ltd. is a mineral exploration company which explores iron ore in Australia. The projects of the company include the Central Eyre Iron and Gawler Iron. The Central Eyre Iron project consists of three prospects: Warramboo, Kopi, and Hambidge.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:IRD has been successfully added to your 
