Arc Minerals (FRA:DFYA) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2024)

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What is Arc Minerals 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. Arc Minerals's cash to debt ratio for the quarter that ended in Jun. 2024 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, Arc Minerals could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

FRA:DFYA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 3.87 Max: No Debt
Current: 15.81

During the past 13 years, Arc Minerals's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 3.87.

FRA:DFYA's Cash-to-Debt is ranked worse than
50.9% of 2605 companies
in the Metals & Mining industry
Industry Median: 17.97 vs FRA:DFYA: 15.81

Arc Minerals Cash-to-Debt Historical Data

The historical data trend for Arc 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.

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Arc Minerals Cash-to-Debt Chart

Arc Minerals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.65

0.03

0.60

1.85

2.29

Arc Minerals Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															1.12	1.85	0.23	2.29	No Debt

Competitive Comparison of Arc Minerals's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Arc 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.

Arc Minerals's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Arc Minerals 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.

Arc Minerals's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.405	/	(0.055	+	0.122)
	=	2.29

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

Arc Minerals had no debt ⁽¹⁾.

Arc Minerals (FRA:DFYA) 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.

Arc Minerals Cash-to-Debt Related Terms

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Arc Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arc Minerals Ltd (FRA:DFYA) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

ARCM:UK

Address

Craigmuir Chambers, Tortola, Road Town, VGB, VG 1110

Website

https://www.arcminerals.com

Arc Minerals Ltd is engaged in the business of acquiring, exploring, and developing mineral properties. The company's project includes the Zambian Copper and Cobalt Project and the Botswana Project.

Arc Minerals Headlines

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Arc Minerals (FRA:DFYA) Cash-to-Debt : No Debt (1) (As of Jun. 2024)