Capital (LSE:CAPD) Cash-to-Debt : 0.54 (As of Jun. 2024)

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What is Capital 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. Capital's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.54.

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, Capital couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

LSE:CAPD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.53 Med: 1.28 Max: 3.08
Current: 0.54

During the past 13 years, Capital's highest Cash to Debt Ratio was 3.08. The lowest was 0.53. And the median was 1.28.

LSE:CAPD's Cash-to-Debt is ranked worse than
74.43% of 2605 companies
in the Metals & Mining industry
Industry Median: 17.97 vs LSE:CAPD: 0.54

Capital Cash-to-Debt Historical Data

The historical data trend for Capital'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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Capital Cash-to-Debt Chart

Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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2.17

1.66

1.15

0.74

0.62

Capital Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															1.03	0.74	0.53	0.62	0.54

Competitive Comparison of Capital's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Capital'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.

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

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

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

Capital 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.

Capital'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)
	=	64.401	/	(27.96	+	76.338)
	=	0.62

Capital's Cash to Debt Ratio for the quarter 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)
	=	67.041	/	(31.436	+	92.39)
	=	0.54

Capital (LSE:CAPD) 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.

Capital Cash-to-Debt Related Terms

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Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Capital Ltd (LSE:CAPD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CAPDl:UK

Address

10/11 Park Place, Ground Floor, London, GBR, SW1A 1LP

Website

https://www.capdrill.com

Capital Ltd is a drilling services contractor. The company is engaged in providing exploration, grade control, technical, blast hole, and other drilling services and solutions to mining and exploration companies from the exploration phase of the mining cycle through to production. It operates through two geographical segments namely, Africa and the Rest of the world. Africa segment provides drilling services and the Rest of the world provides drilling services and related logistics, equipment rentals, and information technology support services. The company derives the majority of revenue from the African region.

Capital Headlines

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