Anglogold Ashanti (Anglogold Ashanti) Cash-to-Debt

: 0.34 (As of Jun. 2023)

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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. Anglogold Ashanti's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.34.

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, Anglogold Ashanti couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

AU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.17 Max: 0.64
Current: 0.34

During the past 13 years, Anglogold Ashanti's highest Cash to Debt Ratio was 0.64. The lowest was 0.07. And the median was 0.17.

AU's Cash-to-Debt is ranked worse than
79.98% of 2633 companies
in the Metals & Mining industry
Industry Median: 18.1 vs AU: 0.34

Anglogold Ashanti Cash-to-Debt Historical Data

The historical data trend for Anglogold Ashanti'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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Anglogold Ashanti Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

0.16

0.21

0.64

0.55

0.51

Anglogold Ashanti Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt																0.51	0.55	0.57	0.51	0.34

Competitive Comparison

For the Gold subindustry, Anglogold Ashanti'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.

Anglogold Ashanti Cash-to-Debt Distribution

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

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

Anglogold Ashanti 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.

Anglogold Ashanti's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	1108	/	(104	+	2067)
	=	0.51

Anglogold Ashanti's Cash to Debt Ratio for the quarter 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)
	=	722	/	(94	+	2002)
	=	0.34

Anglogold Ashanti (NYSE:AU) 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.

Anglogold Ashanti Cash-to-Debt Related Terms

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Anglogold Ashanti (Anglogold Ashanti) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Anglogold Ashanti PLC (NYSE:AU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ANG:South Africa HT3:Germany HT3:Germany

Address

112 Oxford Road, Houghton Estate, Johannesburg, GT, ZAF, 2198

Website

https://www.anglogoldashanti.com

Anglogold Ashanti PLC is one of the gold miners. The company also produces silver and sulphuric acid as by-products. Its operating divisions are Africa, Australia, and the Americas. The firm generates a majority of its revenue from Africa which includes Ghana, Guinea, Mali, the Democratic Republic of the Congo, and Tanzania.