PT Central Omega Resources Tbk (ISX:DKFT) Cash-to-Debt : 0.55 (As of Mar. 2024)

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What is PT Central Omega Resources Tbk 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. PT Central Omega Resources Tbk's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.55.

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, PT Central Omega Resources Tbk couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for PT Central Omega Resources Tbk's Cash-to-Debt or its related term are showing as below:

ISX:DKFT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.34 Max: 918.68
Current: 0.56

During the past 13 years, PT Central Omega Resources Tbk's highest Cash to Debt Ratio was 918.68. The lowest was 0.02. And the median was 0.34.

ISX:DKFT's Cash-to-Debt is ranked worse than
74.1% of 2641 companies
in the Metals & Mining industry
Industry Median: 18.37 vs ISX:DKFT: 0.56

PT Central Omega Resources Tbk Cash-to-Debt Historical Data

The historical data trend for PT Central Omega Resources Tbk'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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PT Central Omega Resources Tbk Cash-to-Debt Chart

PT Central Omega Resources Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.03

0.05

0.44

0.48

0.56

PT Central Omega Resources Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.59	0.61	0.77	0.56	0.55

Competitive Comparison of PT Central Omega Resources Tbk's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, PT Central Omega Resources Tbk'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.

PT Central Omega Resources Tbk's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where PT Central Omega Resources Tbk's Cash-to-Debt falls into.

PT Central Omega Resources Tbk 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.

PT Central Omega Resources Tbk'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)
	=	460104.67	/	(22426.657	+	804051.845)
	=	0.56

PT Central Omega Resources Tbk's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	398527.851	/	(28675.035	+	694722.523)
	=	0.55

PT Central Omega Resources Tbk (ISX:DKFT) 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.

PT Central Omega Resources Tbk Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of PT Central Omega Resources Tbk's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Central Omega Resources Tbk (ISX:DKFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT Central Omega Resources Tbk (ISX:DKFT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Jenderal Sudirman Kav 59, Plaza Asia, Lantai 6/6th Floor, Jakarta Selatan, Jakarta, IDN, 12190

Website

https://www.centralomega.com

PT Central Omega Resources Tbk is a nickel ore mining company. The company through its subsidiaries is also engaged in trading of mining resources and mining activities. All the operation of the firm is operated in Indonesia, further, the business presence of the firm can be across the region of Indonesia.

PT Central Omega Resources Tbk (ISX:DKFT) Headlines

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