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C29 MetalsFRA:OF0 Cash-to-Debt is 60.00 as of Dec. 2025, which is 99% below its 10-year median of 10,000.00. The stock has 3 warning signs investors should review. Among 2,618 Metals & Mining companies, C29 Metals ranks better than 54.2% 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. C29 Metals's cash to debt ratio for the quarter that ended in Dec. 2025 was 60.00.
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, C29 Metalscould pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
The historical rank and industry rank for C29 Metals's Cash-to-Debt or its related term are showing as below:
FRA:OF0'
s Cash-to-Debt Range Over the Past 10 Years
Min: 43.67 Med: No Debt Max: No Debt
Current: 70.33
During the past 4 years, C29 Metals's highest Cash to Debt Ratio was No Debt. The lowest was 43.67. And the median was No Debt.
FRA:OF0's Cash-to-Debt is ranked better than 54.2% of 2618
companies
in the Metals & Mining industry
Industry Median: 34.945
vs FRA:OF0: 70.33
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.
C29 Metals Cash-to-Debt Related Terms
C29 Metals Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for C29 Metals'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, C29 Metals'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.
C29 Metals Cash-to-Debt vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, C29 Metals's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where C29 Metals'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.
C29 Metals (FRA:OF0) has a Cash-to-Debt of 60.00 as of Dec. 2025. This is 99% below median its historical median of 10,000.00. Over the past decade, C29 Metals' Cash-to-Debt has ranged from 43.67 to 10,000.00. According to the industry distribution chart, C29 Metals ranks #1199 out of 2618 companies in the Metals & Mining industry, placing it in the top 45.8%.
Is C29 Metals' Cash-to-Debt too high?
C29 Metals' current Cash-to-Debt of 60.00 is 99% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 43.67 to a high of 10,000.00. The Metals & Mining industry median Cash-to-Debt is 34.95. C29 Metals' value of 60.00 is 71.7% above this industry median. Based on the distribution chart, C29 Metals ranks #1199 out of 2618 companies in the Metals & Mining industry, which is above the industry midpoint.
How does C29 Metals' Cash-to-Debt compare to competitors?
According to the Metals & Mining industry distribution chart, C29 Metals ranks #1199 out of 2618 companies for Cash-to-Debt. This puts C29 Metals in the upper half of its industry. The industry median Cash-to-Debt is 34.95. C29 Metals' value of 60.00 is 71.7% above this benchmark. Historically, C29 Metals' own Cash-to-Debt has ranged from 43.67 to 10,000.00 over the past decade. While the company's 10-year median is 10,000.00 vs. the industry median of 34.95, C29 Metals 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 34.95, based on 2,618 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. C29 Metals's current Cash-to-Debt of 60.00 is 71.7% 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 34.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. C29 Metals's current Cash-to-Debt is 60.00, which is 99% 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 C29 Metals stock overvalued right now?
C29 Metals (FRA:OF0) has a current Cash-to-Debt of 60.00. The current Cash-to-Debt is 60.00, which is 99% below median its 10-year median of 10,000.00 and 71.7% above the Metals & Mining industry median of 34.95. 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 C29 Metals (FRA:OF0), the current Cash-to-Debt is 60.00 as of Dec. 2025. 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.
C29 Metals Ltd is a minerals exploration company engaged in identifying, exploring, and developing prospective copper, gold, and base metal assets throughout Australia. The company's projects include the Mayfield Project in Queensland, the Sampsons Tank Project in New South Wales, and the Reedy Creek Project. It is organized into two operating segments: exploration of minerals in Australia and exploration of minerals in Kazakhstan.
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