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Rio Tinto Cash-to-Debt

: 1.01 (As of Jun. 2022)
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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. Rio Tinto's cash to debt ratio for the quarter that ended in Jun. 2022 was 1.01.

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, Rio Tinto could pay off its debt using the cash in hand for the quarter that ended in Jun. 2022.

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

RIO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03   Med: 0.25   Max: 1.22
Current: 1.01

During the past 13 years, Rio Tinto's highest Cash to Debt Ratio was 1.22. The lowest was 0.03. And the median was 0.25.

RIO's Cash-to-Debt is ranked worse than
73.59% of 2503 companies
in the Metals & Mining industry
Industry Median: 58.79 vs RIO: 1.01

Rio Tinto Cash-to-Debt Historical Data

The historical data trend for Rio Tinto'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.

* Premium members only.

Rio Tinto Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash-to-Debt
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.67 0.95 0.62 0.82 1.04

Rio Tinto Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
Cash-to-Debt 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 Premium Member Only Premium Member Only Premium Member Only 0.63 0.82 1.22 1.04 1.01

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Rio Tinto'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.

   

Rio Tinto Cash-to-Debt Distribution

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

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



Rio Tinto 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.

Rio Tinto's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Rio Tinto's Cash to Debt Ratio for the quarter that ended in Jun. 2022 is calculated as:

* 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.


Rio Tinto  (NYSE:RIO) 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.


Rio Tinto Cash-to-Debt Related Terms

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


Rio Tinto Business Description

Rio Tinto logo
Address
6 St James’s Square, London, GBR, SW1Y 4AD
Rio Tinto searches for and extracts a variety of minerals worldwide, with the heaviest concentrations in North America and Australia. Iron ore is the dominant commodity, with significantly lesser contributions from aluminium, copper, diamonds, gold, and industrial minerals. The 1995 merger of RTZ and CRA, via a dual-listed structure, created the present-day company. The two operate as a single business entity. Shareholders in each company have equivalent economic and voting rights.

Rio Tinto Headlines

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