Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Metals XASX:MLX -2.38%51 Cash-to-Debt is 340.00 as of Jun. 2026, which is 3260% above its 10-year median of 10.12. GuruFocus rates ASX:MLX with a GF Score™ of 51/100 and a GF Value™ of A$0.90 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,620 Metals & Mining companies, Metals X ranks better than 61.53% 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. Metals X's cash to debt ratio for the quarter that ended in Jun. 2026 was 340.00.
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, Metals Xcould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Metals X's Cash-to-Debt or its related term are showing as below:
ASX:MLX'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.2 Med: 10.12 Max: 340
Current: 340
During the past 13 years, Metals X's highest Cash to Debt Ratio was 340.00. The lowest was 0.20. And the median was 10.12.
ASX:MLX's Cash-to-Debt is ranked better than 61.53% of 2620
companies
in the Metals & Mining industry
Industry Median: 35.47
vs ASX:MLX: 340.00
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.
Metals X Cash-to-Debt Related Terms
Metals X Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Metals X'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, Metals X'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.
Metals X Cash-to-Debt vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Metals X's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Metals X'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.
Metals X (ASX:MLX) has a Cash-to-Debt of 340.00 as of Jun. 2026. This is 3260% above median its historical median of 10.12. Over the past decade, Metals X's Cash-to-Debt has ranged from 0.20 to 340.00. According to the industry distribution chart, Metals X ranks #1008 out of 2620 companies in the Metals & Mining industry, placing it in the top 38.5%.
Is Metals X's Cash-to-Debt too high?
Metals X's current Cash-to-Debt of 340.00 is 3260% above median its 10-year median of 10.12. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 340.00. The Metals & Mining industry median Cash-to-Debt is 35.47. Metals X's value of 340.00 is 858.6% above this industry median. Based on the distribution chart, Metals X ranks #1008 out of 2620 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Metals X has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Metals X's Cash-to-Debt compare to competitors?
According to the Metals & Mining industry distribution chart, Metals X ranks #1008 out of 2620 companies for Cash-to-Debt. This puts Metals X in the upper half of its industry. The industry median Cash-to-Debt is 35.47. Metals X's value of 340.00 is 858.6% above this benchmark. Historically, Metals X's own Cash-to-Debt has ranged from 0.20 to 340.00 over the past decade. While the company's 10-year median is 10.12 vs. the industry median of 35.47, Metals X 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 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. Metals X's current Cash-to-Debt of 340.00 is 858.6% 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 35.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metals X's current Cash-to-Debt is 340.00, which is 3260% above median its own 10-year median of 10.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metals X stock overvalued right now?
Based on GuruFocus' analysis, Metals X (ASX:MLX) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.90, compared to a current price of A$1.85 — trading 105% above its estimated fair value. The current Cash-to-Debt is 340.00, which is 3260% above median its 10-year median of 10.12 and 858.6% above the Metals & Mining industry median of 35.47. Metals X's overall GF Score™ is 51/100 with 4 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 Metals X (ASX:MLX), the current Cash-to-Debt is 340.00 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 Metals X (ASX:MLX) Overvalued in 2026?
Based on GuruFocus' analysis, Metals X stock appears to be overvalued.
The current stock price of A$1.85 is trading 105% above its estimated GF Value™ of A$0.90.
GuruFocus considers Metals X to be Significantly Overvalued.
Key valuation signals for ASX:MLX:
Cash-to-Debt: 340.00 (3260% above median its 10-year median of 10.12)
GF Value™: A$0.90 vs. price of A$1.85 (105% above fair value)
Industry Position: 858.6% above the Metals & Mining median (#1008 of 2620)
No single metric tells the full story. See the ASX:MLX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metals X Ltd is engaged in investment in a joint venture company operating a tin mine in Australia, as well as in companies undertaking the exploration and development of tin, gold, and base metals projects in Australia and Europe. Its projects include the Renison Tin operation through its stake in the Bluestone Mines Tasmania Joint Venture, among others.
51GF Score
Get the complete analysis for ASX:MLX
Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:MLX has been successfully added to your 
