Asia Resource Minerals (LSE:ARMS) Cash-to-Debt : 0.39 (As of Dec. 2014)

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What is Asia Resource 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. Asia Resource Minerals's cash to debt ratio for the quarter that ended in Dec. 2014 was 0.39.

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, Asia Resource Minerals couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2014.

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

LSE:ARMS's Cash-to-Debt is not ranked ^*
in the Metals & Mining industry.
Industry Median: 17.59
* Ranked among companies with meaningful Cash-to-Debt only.

Asia Resource Minerals Cash-to-Debt Historical Data

The historical data trend for Asia Resource 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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Asia Resource Minerals Cash-to-Debt Chart

Asia Resource Minerals Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Cash-to-Debt

No Debt

0.61

0.83

0.61

0.39

Asia Resource Minerals Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14
Cash-to-Debt	Get a 7-Day Free Trial			0.83	0.94	0.61	0.91	0.39

Competitive Comparison of Asia Resource Minerals's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Asia Resource 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.

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

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

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

Asia Resource 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.

Asia Resource Minerals's Cash to Debt Ratio for the fiscal year that ended in Dec. 2014 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)
	=	238.347	/	(291.384	+	316.305)
	=	0.39

Asia Resource Minerals's Cash to Debt Ratio for the quarter that ended in Dec. 2014 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)
	=	238.347	/	(291.384	+	316.305)
	=	0.39

Asia Resource Minerals (LSE:ARMS) 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.

Asia Resource Minerals Cash-to-Debt Related Terms

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Asia Resource Minerals (LSE:ARMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Asia Resource Minerals PLC (LSE:ARMS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.asiarmplc.com

Asia Resource Minerals PLC was incorporated on December 03, 2010. The Company, together with its subsidiaries is engaged in coal mining operations and exploration and development of mineral mining concessions. The Company's coal operations are located near Tanjung Redeb, East Kalimantan, in Indonesia. Its subsidiary, PT Berau, has three open cut mining operations, namely Lati, Binungan and Sambarata, located in an 118,400 hectare concession area in East Kalimantan. Production of thermal coal is blended to adjust the overall quality grade of the product, with current calorific values ranging from 5,000 kcal/kg to 6,100 kcal/kg (on a gross as received' basis) for use in coal fired power plants.

Asia Resource Minerals (LSE:ARMS) Headlines

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