McLaren Minerals (FRA:U770) Cash-to-Debt : 0.16 (As of Dec. 2024)

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What is McLaren 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. McLaren Minerals's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.16.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, McLaren Minerals couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

FRA:U770' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.16 Med: 17.06 Max: No Debt
Current: 0.16

During the past 3 years, McLaren Minerals's highest Cash to Debt Ratio was No Debt. The lowest was 0.16. And the median was 17.06.

FRA:U770's Cash-to-Debt is ranked worse than
87.03% of 2583 companies
in the Metals & Mining industry
Industry Median: 20.93 vs FRA:U770: 0.16

McLaren Minerals Cash-to-Debt Historical Data

The historical data trend for McLaren 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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McLaren Minerals Cash-to-Debt Chart

McLaren Minerals Annual Data

Trend

Jun22

Jun23

Jun24

Cash-to-Debt

No Debt

19.90

9.46

McLaren Minerals Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	19.90	14.28	9.46	0.16

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

For the Other Industrial Metals & Mining subindustry, McLaren 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.

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

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

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

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McLaren 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.

McLaren Minerals's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	1.97	/	(0.022	+	0.077)
	=	19.90

McLaren Minerals's Cash to Debt Ratio for the quarter that ended in Dec. 2024 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)
	=	0.011	/	(0.025	+	0.042)
	=	0.16

McLaren Minerals (FRA:U770) 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.

McLaren Minerals Cash-to-Debt Related Terms

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McLaren Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » McLaren Minerals Ltd (FRA:U770) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MML:Australia

Address

Unit A8, 435 Roberts Road, Subiaco, WA, AUS, 6008

Website

https://www.allupsilica.com

McLaren Minerals Ltd, formerly Allup Silica Ltd is a silica exploration company focused on the future development of its silica sand tenements located across several exploration project locations in Western Australia. The projects of the company include Sparkler, Pink Bark, Esperance Sands, and Cabbage Spot.

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