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Kaiser ReefASX:KAU +3.33%30 Cash-to-Debt is 3.02 as of Dec. 2025, which is 71% below its 10-year median of 10.29. GuruFocus rates ASX:KAU with a GF Score™ of 30/100 and a GF Value™ of A$0.31 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,628 Metals & Mining companies, Kaiser Reef ranks worse than 65.98% 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. Kaiser Reef's cash to debt ratio for the quarter that ended in Dec. 2025 was 3.02.
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, Kaiser Reefcould pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
The historical rank and industry rank for Kaiser Reef's Cash-to-Debt or its related term are showing as below:
ASX:KAU'
s Cash-to-Debt Range Over the Past 10 Years
Min: 1.86 Med: 10.29 Max: No Debt
Current: 3.02
During the past 5 years, Kaiser Reef's highest Cash to Debt Ratio was No Debt. The lowest was 1.86. And the median was 10.29.
ASX:KAU's Cash-to-Debt is ranked worse than 65.98% of 2628
companies
in the Metals & Mining industry
Industry Median: 38.02
vs ASX:KAU: 3.02
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.
Kaiser Reef Cash-to-Debt Related Terms
Kaiser Reef Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Kaiser Reef'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 Gold subindustry, Kaiser Reef'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.
Kaiser Reef Cash-to-Debt vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Kaiser Reef's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Kaiser Reef'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.
Kaiser Reef (ASX:KAU) has a Cash-to-Debt of 3.02 as of Dec. 2025. This is 71% below median its historical median of 10.29. Over the past decade, Kaiser Reef's Cash-to-Debt has ranged from 1.86 to 10,000.00. According to the industry distribution chart, Kaiser Reef ranks #1734 out of 2628 companies in the Metals & Mining industry, placing it in the top 66%.
Is Kaiser Reef's Cash-to-Debt too high?
Kaiser Reef's current Cash-to-Debt of 3.02 is 71% below median its 10-year median of 10.29. Over the past 10 years, this metric has ranged from a low of 1.86 to a high of 10,000.00. The Metals & Mining industry median Cash-to-Debt is 38.02. Kaiser Reef's value of 3.02 is 92.1% below this industry median. Based on the distribution chart, Kaiser Reef ranks #1734 out of 2628 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Kaiser Reef has a GF Score™ of 30/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kaiser Reef's Cash-to-Debt compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Kaiser Reef ranks #1734 out of 2628 companies for Cash-to-Debt. This places Kaiser Reef in the lower half of its industry. The industry median Cash-to-Debt is 38.02. Kaiser Reef's value of 3.02 is 92.1% below this benchmark. Historically, Kaiser Reef's own Cash-to-Debt has ranged from 1.86 to 10,000.00 over the past decade. While the company's 10-year median is 10.29 vs. the industry median of 38.02, Kaiser Reef 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 38.02, based on 2,628 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. Kaiser Reef's current Cash-to-Debt of 3.02 is 92.1% 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 38.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaiser Reef's current Cash-to-Debt is 3.02, which is 71% below median its own 10-year median of 10.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaiser Reef stock overvalued right now?
Based on GuruFocus' analysis, Kaiser Reef (ASX:KAU) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.31, compared to a current price of A$0.23 — trading 25% below its estimated fair value. The current Cash-to-Debt is 3.02, which is 71% below median its 10-year median of 10.29 and 92.1% below the Metals & Mining industry median of 38.02. Kaiser Reef's overall GF Score™ is 30/100 with 2 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 Kaiser Reef (ASX:KAU), the current Cash-to-Debt is 3.02 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.
Is Kaiser Reef (ASX:KAU) Overvalued in 2026?
Based on GuruFocus' analysis, Kaiser Reef stock appears to be undervalued.
The current stock price of A$0.23 is trading 25% below its estimated GF Value™ of A$0.31.
GuruFocus considers Kaiser Reef to be Modestly Undervalued.
Key valuation signals for ASX:KAU:
Cash-to-Debt: 3.02 (71% below median its 10-year median of 10.29)
GF Value™: A$0.31 vs. price of A$0.23 (25% below fair value)
Industry Position: 92.1% below the Metals & Mining median (#1734 of 2628)
No single metric tells the full story. See the ASX:KAU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kaiser Reef Ltd is a gold producer and exploration company. The company's projects include A1 Gold Mine, Henty Gold Mine, Maldon Goldfields, and Maldon Plant. Its segments include Victoria operations and Tasmania operations. It generates the majority of its revenue from the Victoria operations segment.
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