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Legend MiningASX:LEG Cash-to-Debt is 157.64 as of Jun. 2026, which is 9% below its 10-year median of 173.19. The stock has 1 warning sign investors should review. Among 2,630 Metals & Mining companies, Legend Mining ranks better than 57.83% 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. Legend Mining's cash to debt ratio for the quarter that ended in Jun. 2026 was 157.64.
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, Legend Miningcould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Legend Mining's Cash-to-Debt or its related term are showing as below:
ASX:LEG'
s Cash-to-Debt Range Over the Past 10 Years
Min: 12.68 Med: 173.19 Max: No Debt
Current: 157.1
During the past 13 years, Legend Mining's highest Cash to Debt Ratio was No Debt. The lowest was 12.68. And the median was 173.19.
ASX:LEG's Cash-to-Debt is ranked better than 57.83% of 2630
companies
in the Metals & Mining industry
Industry Median: 38.02
vs ASX:LEG: 157.10
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.
Legend Mining Cash-to-Debt Related Terms
Legend Mining Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Legend Mining'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 Other Industrial Metals & Mining subindustry, Legend Mining'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.
Legend Mining Cash-to-Debt vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Legend Mining's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Legend Mining'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.
Legend Mining (ASX:LEG) has a Cash-to-Debt of 157.64 as of Jun. 2026. This is near median its historical median of 173.19. Over the past decade, Legend Mining's Cash-to-Debt has ranged from 12.68 to 10,000.00. According to the industry distribution chart, Legend Mining ranks #1109 out of 2630 companies in the Metals & Mining industry, placing it in the top 42.2%.
Is Legend Mining's Cash-to-Debt too high?
Legend Mining's current Cash-to-Debt of 157.64 is near median its 10-year median of 173.19. Over the past 10 years, this metric has ranged from a low of 12.68 to a high of 10,000.00. The Metals & Mining industry median Cash-to-Debt is 38.02. Legend Mining's value of 157.64 is 314.6% above this industry median. Based on the distribution chart, Legend Mining ranks #1109 out of 2630 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Legend Mining's Cash-to-Debt compare to competitors?
According to the Metals & Mining industry distribution chart, Legend Mining ranks #1109 out of 2630 companies for Cash-to-Debt. This puts Legend Mining in the upper half of its industry. The industry median Cash-to-Debt is 38.02. Legend Mining's value of 157.64 is 314.6% above this benchmark. Historically, Legend Mining's own Cash-to-Debt has ranged from 12.68 to 10,000.00 over the past decade. While the company's 10-year median is 173.19 vs. the industry median of 38.02, Legend Mining 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 38.02, based on 2,630 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. Legend Mining's current Cash-to-Debt of 157.64 is 314.6% 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 38.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legend Mining's current Cash-to-Debt is 157.64, which is near median its own 10-year median of 173.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legend Mining stock overvalued right now?
Legend Mining (ASX:LEG) has a current Cash-to-Debt of 157.64. The current Cash-to-Debt is 157.64, which is near median its 10-year median of 173.19 and 314.6% above the Metals & Mining industry median of 38.02. 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 Legend Mining (ASX:LEG), the current Cash-to-Debt is 157.64 as of Jun. 2026. 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.
Legend Mining Ltd is a mineral exploration company engaged in exploration for gold, nickel, and copper deposits in Australia. Its project portfolio comprises the Rockford Project, located within the Fraser Range district of Western Australia. Exploration is mainly focused on magmatic nickel-copper-cobalt (Nova-Bollinger style), along with volcanogenic massive sulphide (VMS) style zinc-copper-silver and Tropicana style structurally controlled gold mineralisation.
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