Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Platinum Group MetalsPLG -3.27%31 Cash-to-Debt is 295.91 as of May. 2026, which is 86932% above its 10-year median of 0.34. GuruFocus rates PLG with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 2,616 Metals & Mining companies, Platinum Group Metals ranks better than 61.35% on this metric.
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. Platinum Group Metals's cash to debt ratio for the quarter that ended in May. 2026 was 295.91.
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, Platinum Group Metalscould pay off its debt using the cash in hand for the quarter that ended in May. 2026.
The historical rank and industry rank for Platinum Group Metals's Cash-to-Debt or its related term are showing as below:
PLG'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.34 Max: No Debt
Current: 296.09
During the past 13 years, Platinum Group Metals's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.34.
PLG's Cash-to-Debt is ranked better than 61.35% of 2616
companies
in the Metals & Mining industry
Industry Median: 33.905
vs PLG: 296.09
Platinum Group Metals (AMEX:PLG) 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.
Platinum Group Metals Cash-to-Debt Related Terms
Platinum Group Metals Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Platinum Group Metals'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.
For the Other Precious Metals & Mining subindustry, Platinum Group Metals'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.
Platinum Group Metals Cash-to-Debt vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Platinum Group Metals's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Platinum Group Metals's Cash-to-Debt falls into.
* 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.
Platinum Group Metals (PLG) has a Cash-to-Debt of 295.91 as of May. 2026. This is 86932% above median its historical median of 0.34. Over the past decade, Platinum Group Metals' Cash-to-Debt has ranged from 0.01 to 10,000.00. According to the industry distribution chart, Platinum Group Metals ranks #1011 out of 2616 companies in the Metals & Mining industry, placing it in the top 38.6%.
Is Platinum Group Metals' Cash-to-Debt too high?
Platinum Group Metals' current Cash-to-Debt of 295.91 is 86932% above median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 10,000.00. The Metals & Mining industry median Cash-to-Debt is 33.91. Platinum Group Metals' value of 295.91 is 772.8% above this industry median. Based on the distribution chart, Platinum Group Metals ranks #1011 out of 2616 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Platinum Group Metals has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Platinum Group Metals' Cash-to-Debt compare to HL?
According to the Metals & Mining industry distribution chart, Platinum Group Metals ranks #1011 out of 2616 companies for Cash-to-Debt. This puts Platinum Group Metals in the upper half of its industry. The industry median Cash-to-Debt is 33.91. Platinum Group Metals' value of 295.91 is 772.8% above this benchmark. Historically, Platinum Group Metals' own Cash-to-Debt has ranged from 0.01 to 10,000.00 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 33.91, Platinum Group Metals has consistently been above the industry average. 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 33.91, based on 2,616 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. Platinum Group Metals's current Cash-to-Debt of 295.91 is 772.8% above 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 33.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Platinum Group Metals's current Cash-to-Debt is 295.91, which is 86932% above median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Platinum Group Metals stock overvalued right now?
Platinum Group Metals (PLG) has a current Cash-to-Debt of 295.91. The current Cash-to-Debt is 295.91, which is 86932% above median its 10-year median of 0.34 and 772.8% above the Metals & Mining industry median of 33.91. Platinum Group Metals' overall GF Score™ is 31/100 with 1 warning sign to review. 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 Platinum Group Metals (PLG), the current Cash-to-Debt is 295.91 as of May. 2026. 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.
Platinum Group Metals Ltd is a development-stage company, conducts work on mineral properties it has staked or acquired by way of option agreements in the Republic of South Africa. Key metals of economic interest on the company's mineral properties include platinum, palladium, rhodium, gold, copper, and nickel. The company operates in one segment, the development of the Waterberg Project in South Africa, and geographically in Canada and South Africa.
31GF Score
Get the complete analysis for PLG
Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PLG has been successfully added to your 
