Aura Minerals (Aura Minerals) Cash-to-Debt : 0.64 (As of Dec. 2023)

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What is Aura Minerals 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. Aura Minerals's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.64.

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, Aura Minerals couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

ORAAF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 0.59 Max: 1.61
Current: 0.64

During the past 13 years, Aura Minerals's highest Cash to Debt Ratio was 1.61. The lowest was 0.22. And the median was 0.59.

ORAAF's Cash-to-Debt is ranked worse than
73.33% of 2636 companies
in the Metals & Mining industry
Industry Median: 17.875 vs ORAAF: 0.64

Aura Minerals Cash-to-Debt Historical Data

The historical data trend for Aura Minerals'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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Aura Minerals Cash-to-Debt Chart

Aura Minerals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.88

1.61

1.02

0.51

0.64

Aura Minerals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.51	0.43	0.46	0.60	0.64

Competitive Comparison of Aura Minerals's Cash-to-Debt

For the Gold subindustry, Aura Minerals'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.

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

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

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

Aura Minerals 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.

Aura Minerals'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)
	=	237.295	/	(96.81	+	275.433)
	=	0.64

Aura Minerals's Cash to Debt Ratio for the quarter 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)
	=	237.295	/	(96.81	+	275.433)
	=	0.64

Aura Minerals (OTCPK:ORAAF) 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.

Aura Minerals Cash-to-Debt Related Terms

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Aura Minerals (Aura Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aura Minerals Inc (OTCPK:ORAAF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

A531:Germany ORA:Canada AURA33:Brazil

Address

255 Giralda Ave, Suite 6W102, Coral Gables, FL, USA, 33134

Website

https://www.auraminerals.com

Aura Minerals Inc is a mid-tier gold and copper production company focused on the development and operation of gold and base metal projects in the Americas. The company's producing assets include the San Andres gold mine in Honduras, the Ernesto/Paua -Pique gold mine in Brazil, the Aranzazu copper-gold-silver mine in Mexico and the Gold Road mine in the United States. In addition, the company has two additional gold projects in Brazil, Almas and Matupa, and one gold project in Colombia, Tolda Fria.