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Latitude 66ASX:LAT 30 Cash-to-Debt is 64.06 as of Dec. 2025, which is 99% below its 10-year median of 5,062.59. GuruFocus rates ASX:LAT with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 2,631 Metals & Mining companies, Latitude 66 ranks better than 53.48% 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. Latitude 66's cash to debt ratio for the quarter that ended in Dec. 2025 was 64.06.
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, Latitude 66could pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
The historical rank and industry rank for Latitude 66's Cash-to-Debt or its related term are showing as below:
ASX:LAT'
s Cash-to-Debt Range Over the Past 10 Years
Min: 6.91 Med: 5062.59 Max: No Debt
Current: 64.06
During the past 13 years, Latitude 66's highest Cash to Debt Ratio was No Debt. The lowest was 6.91. And the median was 5062.59.
ASX:LAT's Cash-to-Debt is ranked better than 53.48% of 2631
companies
in the Metals & Mining industry
Industry Median: 38.11
vs ASX:LAT: 64.06
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.
Latitude 66 Cash-to-Debt Related Terms
Latitude 66 Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Latitude 66'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, Latitude 66'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.
Latitude 66 Cash-to-Debt vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Latitude 66's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Latitude 66'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.
Latitude 66 (ASX:LAT) has a Cash-to-Debt of 64.06 as of Dec. 2025. This is 99% below median its historical median of 5,062.59. Over the past decade, Latitude 66's Cash-to-Debt has ranged from 6.91 to 10,000.00. According to the industry distribution chart, Latitude 66 ranks #1224 out of 2631 companies in the Metals & Mining industry, placing it in the top 46.5%.
Is Latitude 66's Cash-to-Debt too high?
Latitude 66's current Cash-to-Debt of 64.06 is 99% below median its 10-year median of 5,062.59. Over the past 10 years, this metric has ranged from a low of 6.91 to a high of 10,000.00. The Metals & Mining industry median Cash-to-Debt is 38.11. Latitude 66's value of 64.06 is 68.1% above this industry median. Based on the distribution chart, Latitude 66 ranks #1224 out of 2631 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Latitude 66 has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Latitude 66's Cash-to-Debt compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Latitude 66 ranks #1224 out of 2631 companies for Cash-to-Debt. This puts Latitude 66 in the upper half of its industry. The industry median Cash-to-Debt is 38.11. Latitude 66's value of 64.06 is 68.1% above this benchmark. Historically, Latitude 66's own Cash-to-Debt has ranged from 6.91 to 10,000.00 over the past decade. While the company's 10-year median is 5,062.59 vs. the industry median of 38.11, Latitude 66 has consistently been above 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 38.11, based on 2,631 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. Latitude 66's current Cash-to-Debt of 64.06 is 68.1% above 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 38.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Latitude 66's current Cash-to-Debt is 64.06, which is 99% below median its own 10-year median of 5,062.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Latitude 66 stock overvalued right now?
Latitude 66 (ASX:LAT) has a current Cash-to-Debt of 64.06. The current Cash-to-Debt is 64.06, which is 99% below median its 10-year median of 5,062.59 and 68.1% above the Metals & Mining industry median of 38.11. Latitude 66'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 Latitude 66 (ASX:LAT), the current Cash-to-Debt is 64.06 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.
Latitude 66 Ltd is engaged in development and exploration projects providing exposure to gold and critical minerals in safe mining jurisdictions in Finland and Australia. Its project include Kuusamo Schist Belt, Greater Duchess JV, Sylvania Project and Edjudina Project.
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