Globe Metals & Mining (STU:G4U) Cash-to-Debt : 0.19 (As of Dec. 2024)

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What is Globe Metals & Mining 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. Globe Metals & Mining's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.19.

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, Globe Metals & Mining couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

(1) 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.

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

STU:G4U' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: No Debt Max: No Debt
Current: 0.19

During the past 13 years, Globe Metals & Mining's highest Cash to Debt Ratio was No Debt. The lowest was 0.19. And the median was No Debt.

STU:G4U's Cash-to-Debt is ranked worse than
85.52% of 2583 companies
in the Metals & Mining industry
Industry Median: 20.93 vs STU:G4U: 0.19

Globe Metals & Mining Cash-to-Debt Historical Data

The historical data trend for Globe Metals & Mining'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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Globe Metals & Mining Cash-to-Debt Chart

Globe Metals & Mining Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

61.62

0.41

0.30

No Debt

Globe Metals & Mining 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															2.51	0.30	No Debt	No Debt	0.19

Competitive Comparison of Globe Metals & Mining's Cash-to-Debt

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

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

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

* The bar in red indicates where Globe Metals & Mining's Cash-to-Debt falls into.

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Globe Metals & Mining 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.

Globe Metals & Mining's Cash to Debt Ratio for the fiscal year that ended in Jun. 2024 is calculated as:

Globe Metals & Mining had no debt ⁽¹⁾.

Globe Metals & Mining'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)
	=	0.175	/	(0.946	+	0)
	=	0.18

Globe Metals & Mining (STU:G4U) 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.

Globe Metals & Mining Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Globe Metals & Mining's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Globe Metals & Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Globe Metals & Mining Ltd (STU:G4U) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

G4U:Germany GBE:Australia

Address

45 Ventnor Avenue, West Perth, WA, AUS, 6005

Website

https://www.globemm.com

Globe Metals & Mining Ltd is an Australian firm engaged in investment, exploration, and development of mineral resources in Australia and Africa. The company's project is the development of the Kanyika Niobium Project in Malawi. It is focused on multi-commodity Kanyika Niobium Project in Malawi, which produces niobium pentoxide and tantalum pentoxide. Its segment includes Africa-Kanyika and Africa Exploration.

Globe Metals & Mining Headlines

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