MLYCF (Multi-Metal Development) Cash-to-Debt: 0.03 (As of Mar. 2023)

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What is Multi-Metal Development Cash-to-Debt?

Multi-Metal Development MLYCF Cash-to-Debt is 0.03 as of Mar. 2023.

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. Multi-Metal Development's cash to debt ratio for the quarter that ended in Mar. 2023 was 0.03.

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, Multi-Metal Development couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

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

MLYCF's Cash-to-Debt is not ranked *
in the Metals & Mining industry.
Industry Median: 35.27
* Ranked among companies with meaningful Cash-to-Debt only.

Multi-Metal Development  (OTCPK:MLYCF) 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.

Multi-Metal Development Cash-to-Debt Related Terms

Multi-Metal Development Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Multi-Metal Development'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.

Multi-Metal Development Cash-to-Debt Chart

Multi-Metal Development Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.02 0.00 0.01 0.02

Multi-Metal Development Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.02 0.07 0.09 0.03

MLYCF vs SVBL, LBRMF, LTUM: Cash-to-Debt Comparison

For the Other Industrial Metals & Mining subindustry, Multi-Metal Development'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.

Multi-Metal Development Cash-to-Debt vs Metals & Mining Industry

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

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


Multi-Metal Development 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.

Multi-Metal Development's Cash to Debt Ratio for the fiscal year that ended in Jun. 2022 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)
=0.179 / (3.732 + 4.811)
=0.02

Multi-Metal Development's Cash to Debt Ratio for the quarter that ended in Mar. 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)
=0.243 / (3.523 + 4.86)
=0.03

* 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.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 0.03 mean?
Multi-Metal Development (MLYCF) has a Cash-to-Debt of 0.03 as of Mar. 2023.
Is Multi-Metal Development's Cash-to-Debt too high?
Multi-Metal Development's current Cash-to-Debt is 0.03. The Metals & Mining industry median Cash-to-Debt is 35.27. Multi-Metal Development's value of 0.03 is 99.9% below this industry median.
How does Multi-Metal Development's Cash-to-Debt compare to SVBL and LBRMF?
Multi-Metal Development's Cash-to-Debt of 0.03 can be compared against companies in the Metals & Mining industry. The industry median Cash-to-Debt is 35.27. Multi-Metal Development's value of 0.03 is 99.9% below this benchmark. 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 35.27, based on 2,617 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. Multi-Metal Development's current Cash-to-Debt of 0.03 is 99.9% below 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 35.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Multi-Metal Development's current Cash-to-Debt is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multi-Metal Development stock overvalued right now?
Multi-Metal Development (MLYCF) has a current Cash-to-Debt of 0.03. The current Cash-to-Debt is 0.03 and 99.9% below the Metals & Mining industry median of 35.27. 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 Multi-Metal Development (MLYCF), the current Cash-to-Debt is 0.03 as of Mar. 2023. 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.

Multi-Metal Development Business Description

Address 638 Millbank, Vancouver, BC, CAN, V5Z 4B7
Multi-Metal Development Ltd is a Canadian-based mining company. It is advancing two projects the CuMo Project in Idaho and its newly-acquired Bleiberg Project in Austria.