Balamara Resources (FRA:CDU) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2014)

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What is Balamara Resources 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. Balamara Resources's cash to debt ratio for the quarter that ended in Dec. 2014 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, Balamara Resources could pay off its debt using the cash in hand for the quarter that ended in Dec. 2014.

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

FRA:CDU's Cash-to-Debt is not ranked ^*
in the Metals & Mining industry.
Industry Median: 17.59
* Ranked among companies with meaningful Cash-to-Debt only.

Balamara Resources Cash-to-Debt Historical Data

The historical data trend for Balamara Resources'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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Balamara Resources Cash-to-Debt Chart

Balamara Resources Annual Data

Trend

Jun02

Jun03

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Cash-to-Debt

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No Debt

13.63

No Debt

Balamara Resources Semi-Annual Data
	Dec02	Jun03	Dec03	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Balamara Resources's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Balamara Resources'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.

Balamara Resources's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Balamara Resources 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.

Balamara Resources's Cash to Debt Ratio for the fiscal year that ended in Jun. 2014 is calculated as:

Balamara Resources had no debt ⁽¹⁾.

Balamara Resources's Cash to Debt Ratio for the quarter that ended in Dec. 2014 is calculated as:

Balamara Resources had no debt ⁽¹⁾.

Balamara Resources (FRA:CDU) 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.

Balamara Resources Cash-to-Debt Related Terms

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Balamara Resources (FRA:CDU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Balamara Resources Ltd (FRA:CDU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.balamara.com.au

Balamara Resources Ltd formerly known as Sultan Corporation Limited was incorporated in New South Wales on 16 August 1993 under the name of Asia-Pacific Minerals NL and on 21 November 1993 it changed its name to Caledonian Pacific Minerals NL. On 13 May, 2000 the Company changed its name again to Quadtel NL. The name of the Company was changed once more to Wytomic Limited on 17 February, 2005. The Company is engaged in exploration of mineral resources and reserves, primarily in Central Europe. It acquires assets at low cost with significant upside potential and develops them to a pre-production status. The Company's projects are located in Poland, Montenegro, Bosnia and NSW Australia. It operates in three reportable segments: Exploration Balkans region, Exploration Poland, and Exploration Australia.

Balamara Resources (FRA:CDU) Headlines

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Balamara Resources (FRA:CDU) Cash-to-Debt : No Debt (1) (As of Dec. 2014)