GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Talga Group Ltd (ASX:TLG) » Definitions » Cash-to-Debt

Talga Group (ASX:TLG) Cash-to-Debt : 9.78 (As of Jun. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Talga Group 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. Talga Group's cash to debt ratio for the quarter that ended in Jun. 2024 was 9.78.

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, Talga Group could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

The historical rank and industry rank for Talga Group's Cash-to-Debt or its related term are showing as below:

ASX:TLG' s Cash-to-Debt Range Over the Past 10 Years
Min: 7.68   Med: 5067.19   Max: No Debt
Current: 9.78

During the past 13 years, Talga Group's highest Cash to Debt Ratio was No Debt. The lowest was 7.68. And the median was 5067.19.

ASX:TLG's Cash-to-Debt is ranked worse than
53.9% of 2605 companies
in the Metals & Mining industry
Industry Median: 17.97 vs ASX:TLG: 9.78

Talga Group Cash-to-Debt Historical Data

The historical data trend for Talga Group'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.

* Premium members only.

Talga Group Cash-to-Debt Chart

Talga Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.52 134.39 7.68 16.15 9.78

Talga Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.68 11.15 16.15 18.86 9.78

Competitive Comparison of Talga Group's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Talga Group'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.


Talga Group's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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



Talga Group 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.

Talga Group's Cash to Debt Ratio for the fiscal year that ended in Jun. 2024 is calculated as:

Talga Group's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

* 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.


Talga Group  (ASX:TLG) 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.


Talga Group Cash-to-Debt Related Terms

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


Talga Group Business Description

Traded in Other Exchanges
Address
46 Colin Street, Suite 3.03, Level 3, West Perth, Perth, WA, AUS, 6005
Talga Group Ltd is a technology minerals company. The Group operates in three operating segments being graphite exploration, graphite development; and research and development in four geographical locations, being graphite exploration and development in Sweden, graphite or graphene research and development in Germany and research and development in the United Kingdom, with Australia as unallocated corporate. The graphite projects include Vittangi, Jalkunen, and Raitajarvi. It derives a majority of revenue from the United Kingdom.

Talga Group Headlines

No Headlines