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Waratah MineralsASX:WTM -1.61%28 Cash-to-Debt is 185.46 as of Jun. 2026, which is 98% below its 10-year median of 10,000.00. GuruFocus rates ASX:WTM with a GF Score™ of 28/100. The stock has 1 warning sign investors should review. Among 2,625 Metals & Mining companies, Waratah Minerals ranks better than 58.93% 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. Waratah Minerals's cash to debt ratio for the quarter that ended in Jun. 2026 was 185.46.
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, Waratah Mineralscould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Waratah Minerals's Cash-to-Debt or its related term are showing as below:
ASX:WTM'
s Cash-to-Debt Range Over the Past 10 Years
Min: 20.07 Med: No Debt Max: No Debt
Current: 185.46
During the past 13 years, Waratah Minerals's highest Cash to Debt Ratio was No Debt. The lowest was 20.07. And the median was No Debt.
ASX:WTM's Cash-to-Debt is ranked better than 58.93% of 2625
companies
in the Metals & Mining industry
Industry Median: 35.83
vs ASX:WTM: 185.46
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.
Waratah Minerals Cash-to-Debt Related Terms
Waratah Minerals Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Waratah Minerals'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, Waratah Minerals'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.
Waratah Minerals Cash-to-Debt vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Waratah Minerals's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Waratah Minerals'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.
Waratah Minerals (ASX:WTM) has a Cash-to-Debt of 185.46 as of Jun. 2026. This is 98% below median its historical median of 10,000.00. Over the past decade, Waratah Minerals' Cash-to-Debt has ranged from 20.07 to 10,000.00. According to the industry distribution chart, Waratah Minerals ranks #1078 out of 2625 companies in the Metals & Mining industry, placing it in the top 41.1%.
Is Waratah Minerals' Cash-to-Debt too high?
Waratah Minerals' current Cash-to-Debt of 185.46 is 98% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 20.07 to a high of 10,000.00. The Metals & Mining industry median Cash-to-Debt is 35.83. Waratah Minerals' value of 185.46 is 417.6% above this industry median. Based on the distribution chart, Waratah Minerals ranks #1078 out of 2625 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Waratah Minerals has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Waratah Minerals' Cash-to-Debt compare to competitors?
According to the Metals & Mining industry distribution chart, Waratah Minerals ranks #1078 out of 2625 companies for Cash-to-Debt. This puts Waratah Minerals in the upper half of its industry. The industry median Cash-to-Debt is 35.83. Waratah Minerals' value of 185.46 is 417.6% above this benchmark. Historically, Waratah Minerals' own Cash-to-Debt has ranged from 20.07 to 10,000.00 over the past decade. While the company's 10-year median is 10,000.00 vs. the industry median of 35.83, Waratah Minerals 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 35.83, based on 2,625 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. Waratah Minerals's current Cash-to-Debt of 185.46 is 417.6% 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 35.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waratah Minerals's current Cash-to-Debt is 185.46, which is 98% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waratah Minerals stock overvalued right now?
Waratah Minerals (ASX:WTM) has a current Cash-to-Debt of 185.46. The current Cash-to-Debt is 185.46, which is 98% below median its 10-year median of 10,000.00 and 417.6% above the Metals & Mining industry median of 35.83. Waratah Minerals' overall GF Score™ is 28/100 with 1 warning sign 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 Waratah Minerals (ASX:WTM), the current Cash-to-Debt is 185.46 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.
Waratah Minerals Ltd is a diversified minerals exploration company focused on discovering and developing mineral deposits. The Group operates in a single business and geographical segment, concentrating on mineral exploration in Australia. Its key projects include the Spur Project in western New South Wales and the Stavely-Stawell Copper-Gold Project.
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