KRCLF (King River Resources) Cash-to-Debt : 106.21 (As of Dec. 2024)

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What is King River 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. King River Resources's cash to debt ratio for the quarter that ended in Dec. 2024 was 106.21.

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, King River Resources could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

KRCLF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.95 Med: 97 Max: No Debt
Current: 104.43

During the past 13 years, King River Resources's highest Cash to Debt Ratio was No Debt. The lowest was 0.95. And the median was 97.00.

KRCLF's Cash-to-Debt is ranked better than
58.46% of 2576 companies
in the Metals & Mining industry
Industry Median: 20.905 vs KRCLF: 104.43

King River Resources Cash-to-Debt Historical Data

The historical data trend for King River 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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King River Resources Cash-to-Debt Chart

King River Resources Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

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0.95

80.72

24.07

38.38

62.24

King River Resources Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															11.38	38.38	54.42	62.24	106.21

Competitive Comparison of King River Resources's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, King River 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.

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

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

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

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King River 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.

King River Resources's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	2.614	/	(0.013	+	0.029)
	=	62.24

King River Resources'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)
	=	3.505	/	(0.013	+	0.02)
	=	106.21

King River Resources (OTCPK:KRCLF) 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.

King River Resources Cash-to-Debt Related Terms

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King River Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » King River Resources Ltd (OTCPK:KRCLF) » Definitions » Cash-to-Debt

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KRR:Australia

Address

254 Adelaide Tce, Perth, WA, AUS, 6000

Website

https://www.kingriverresources.com.au

King River Resources Ltd is focusing on the exploration and development of the tenements in the East Kimberley region of Western Australia. Its mineral focus is on alumina, Vanadium, titanium, magnesium, and iron. It holds an interest in Tennant Creek NT, Mt Remarkable Project and many more. Geographically, it operates only in Australia. The company has two segments which are the development of the ARC High Purity Alumina ('HPA') Project and Exploration and Evaluation in Australia. Geographically, it derives a majority of its revenue from Australia.

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