Loyal Lithium (ASX:LLI) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2024)

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What is Loyal Lithium Cash-to-Debt?

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. Loyal Lithium's cash to debt ratio for the quarter that ended in Dec. 2024 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, Loyal Lithium could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

(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 Loyal Lithium's Cash-to-Debt or its related term are showing as below:

ASX:LLI' 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 4 years, Loyal Lithium's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

ASX:LLI's Cash-to-Debt is ranked better than
99.96% of 2581 companies
in the Metals & Mining industry
Industry Median: 20.95 vs ASX:LLI: No Debt

Loyal Lithium Cash-to-Debt Historical Data

The historical data trend for Loyal Lithium'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.

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Loyal Lithium Cash-to-Debt Chart

Loyal Lithium Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

No Debt

Loyal Lithium Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Loyal Lithium's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Loyal Lithium'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.

Loyal Lithium's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Loyal Lithium's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Loyal Lithium's Cash-to-Debt falls into.

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Loyal Lithium Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Loyal Lithium's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Loyal Lithium had no debt ⁽¹⁾.

Loyal Lithium's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

Loyal Lithium had no debt ⁽¹⁾.

Loyal Lithium (ASX:LLI) Cash-to-Debt Explanation

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.

Loyal Lithium Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Loyal Lithium's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Loyal Lithium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Loyal Lithium Ltd (ASX:LLI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

5/10 Johnston Street, Peppermint Grove, Perth, WA, AUS, 6011

Website

https://www.loyallithium.com

Loyal Lithium Ltd is engaged in the exploration and evaluation of mineral interests. It intends to focus on North American lithium. The projects are; the Trieste Lithium Project (Quebec, Canada), Scotty Lithium Project (Nevada, USA), Brisk Lithium Project, and Hidden Lake Lithium Project.

Loyal Lithium Headlines

No Headlines

Loyal Lithium (ASX:LLI) Cash-to-Debt : No Debt (1) (As of Dec. 2024)