Cascadia Minerals (TSXV:CAM) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Cascadia 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. Cascadia Minerals's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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

(1) 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.

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

TSXV:CAM' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 2 years, Cascadia Minerals's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

TSXV:CAM's Cash-to-Debt is ranked better than
99.92% of 2643 companies
in the Metals & Mining industry
Industry Median: 18.42 vs TSXV:CAM: No Debt

Cascadia Minerals Cash-to-Debt Historical Data

The historical data trend for Cascadia 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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Cascadia Minerals Cash-to-Debt Chart

Cascadia Minerals Annual Data

Trend

Dec22

Dec23

Cash-to-Debt

N/A

No Debt

Cascadia Minerals Quarterly Data
	Sep22	Dec22	Jun23	Sep23	Dec23
Cash-to-Debt	N/A	N/A	N/A	No Debt	No Debt

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

For the Other Precious Metals & Mining subindustry, Cascadia 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.

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

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

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

Cascadia 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.

Cascadia Minerals's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cascadia Minerals had no debt ⁽¹⁾.

Cascadia Minerals's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cascadia Minerals had no debt ⁽¹⁾.

Cascadia Minerals (TSXV:CAM) 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.

Cascadia Minerals Cash-to-Debt Related Terms

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Cascadia Minerals (TSXV:CAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cascadia Minerals Ltd (TSXV:CAM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CAMNF:USA

Address

409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2

Website

https://www.cascadiaminerals.com

Cascadia Minerals Ltd is a new Canadian exploration company focused on exploring for copper and gold in Yukon and British Columbia. The company is planning a maiden drill program at its flagship Catch Property this summer, targeting high-grade copper and gold mineralization.

Executives

Andrew Olaf Carne

Senior Officer