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MLG OzASX:MLG +2.42%56 Cash-to-Debt is 0.10 as of Jun. 2026, which is 11% above its 10-year median of 0.09. GuruFocus rates ASX:MLG with a GF Score™ of 56/100 and a GF Value™ of A$0.71 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,620 Metals & Mining companies, MLG Oz ranks worse than 93.17% 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. MLG Oz's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.10.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, MLG Ozcouldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for MLG Oz's Cash-to-Debt or its related term are showing as below:
ASX:MLG'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.09 Max: 0.19
Current: 0.1
During the past 6 years, MLG Oz's highest Cash to Debt Ratio was 0.19. The lowest was 0.00. And the median was 0.09.
ASX:MLG's Cash-to-Debt is ranked worse than 93.17% of 2620
companies
in the Metals & Mining industry
Industry Median: 35.47
vs ASX:MLG: 0.10
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.
MLG Oz Cash-to-Debt Related Terms
MLG Oz Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for MLG Oz'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, MLG Oz'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.
MLG Oz Cash-to-Debt vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, MLG Oz's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where MLG Oz'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.
MLG Oz (ASX:MLG) has a Cash-to-Debt of 0.10 as of Jun. 2026. This is 11% above median its historical median of 0.09. According to the industry distribution chart, MLG Oz ranks #2441 out of 2620 companies in the Metals & Mining industry, placing it in the top 93.2%.
Is MLG Oz's Cash-to-Debt too high?
MLG Oz's current Cash-to-Debt of 0.10 is 11% above median its 10-year median of 0.09. The Metals & Mining industry median Cash-to-Debt is 35.47. MLG Oz's value of 0.10 is 99.7% below this industry median. Based on the distribution chart, MLG Oz ranks #2441 out of 2620 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, MLG Oz has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MLG Oz's Cash-to-Debt compare to competitors?
According to the Metals & Mining industry distribution chart, MLG Oz ranks #2441 out of 2620 companies for Cash-to-Debt. This places MLG Oz in the lower half of its industry. The industry median Cash-to-Debt is 35.47. MLG Oz's value of 0.10 is 99.7% below this benchmark. While the company's 10-year median is 0.09 vs. the industry median of 35.47, MLG Oz 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 35.47, based on 2,620 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. MLG Oz's current Cash-to-Debt of 0.10 is 99.7% 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 35.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MLG Oz's current Cash-to-Debt is 0.10, which is 11% above median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MLG Oz stock overvalued right now?
Based on GuruFocus' analysis, MLG Oz (ASX:MLG) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.71, compared to a current price of A$0.85 — trading 19% above its estimated fair value. The current Cash-to-Debt is 0.10, which is 11% above median its 10-year median of 0.09 and 99.7% below the Metals & Mining industry median of 35.47. MLG Oz's overall GF Score™ is 56/100 with 3 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 MLG Oz (ASX:MLG), the current Cash-to-Debt is 0.10 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.
Is MLG Oz (ASX:MLG) Overvalued in 2026?
Based on GuruFocus' analysis, MLG Oz stock appears to be overvalued.
The current stock price of A$0.85 is trading 19% above its estimated GF Value™ of A$0.71.
GuruFocus considers MLG Oz to be Modestly Overvalued.
Key valuation signals for ASX:MLG:
Cash-to-Debt: 0.10 (11% above median its 10-year median of 0.09)
GF Value™: A$0.71 vs. price of A$0.85 (19% above fair value)
Industry Position: 99.7% below the Metals & Mining median (#2441 of 2620)
No single metric tells the full story. See the ASX:MLG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MLG Oz Ltd is a Kalgoorlie-based integrated mining services and resource asset management company. It supports ore processing facilities across gold, iron ore, and base metals in Western Australia and the Northern Territory. The company offers comprehensive mine site and supply chain solutions throughout the project lifecycle under a single contractual framework, including civil and construction, crushing and screening, bulk haulage and site services, and supply of mining and construction materials. Its expertise covers gold, iron ore, nickel, and base metals sectors, with key activities in bulk haulage, civil mining, construction aggregates, and crushing and screening.
56GF Score
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