Andean Silver (ASX:ASL) Cash-to-Debt : 100.19 (As of Dec. 2023)

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What is Andean Silver 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. Andean Silver's cash to debt ratio for the quarter that ended in Dec. 2023 was 100.19.

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, Andean Silver could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

ASX:ASL' s Cash-to-Debt Range Over the Past 10 Years
Min: 75.75 Med: 86.42 Max: 100.19
Current: 87.82

During the past 3 years, Andean Silver's highest Cash to Debt Ratio was 100.19. The lowest was 75.75. And the median was 86.42.

ASX:ASL's Cash-to-Debt is ranked better than
59.6% of 2614 companies
in the Metals & Mining industry
Industry Median: 17.97 vs ASX:ASL: 87.82

Andean Silver Cash-to-Debt Historical Data

The historical data trend for Andean Silver'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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Andean Silver Cash-to-Debt Chart

Andean Silver Annual Data

Trend

Jun22

Jun23

Jun24

Cash-to-Debt

84.28

86.42

87.82

Andean Silver Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial			84.28	75.75	86.42	100.19	87.82

Competitive Comparison of Andean Silver's Cash-to-Debt

For the Gold subindustry, Andean Silver'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.

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

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

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

Andean Silver 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.

Andean Silver's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	2.679	/	(0.011	+	0.02)
	=	86.42

Andean Silver'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)
	=	2.605	/	(0.011	+	0.015)
	=	100.19

Andean Silver (ASX:ASL) 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.

Andean Silver Cash-to-Debt Related Terms

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Andean Silver Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Andean Silver Ltd (ASX:ASL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Richardson Street, Level 2, West Perth, Perth, VIC, AUS, 6005

Website

https://www.andeansilver.com

Andean Silver Ltd is a mining company. Its project include Cerro Bayo Silver-Gold Project and Araluen Project.

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