Halcones Precious Metals (TSXV:HPM) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Halcones Precious Metals 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. Halcones Precious Metals'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, Halcones Precious Metals 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 Halcones Precious Metals's Cash-to-Debt or its related term are showing as below:

TSXV:HPM' 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 3 years, Halcones Precious Metals's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

TSXV:HPM's Cash-to-Debt is ranked better than
99.92% of 2641 companies
in the Metals & Mining industry
Industry Median: 18.3 vs TSXV:HPM: No Debt

Halcones Precious Metals Cash-to-Debt Historical Data

The historical data trend for Halcones Precious Metals'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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Halcones Precious Metals Cash-to-Debt Chart

Halcones Precious Metals Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

Halcones Precious Metals Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial					No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Halcones Precious Metals's Cash-to-Debt

For the Gold subindustry, Halcones Precious Metals'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.

Halcones Precious Metals's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Halcones Precious Metals's Cash-to-Debt falls into.

Halcones Precious Metals 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.

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

Halcones Precious Metals had no debt ⁽¹⁾.

Halcones Precious Metals's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Halcones Precious Metals had no debt ⁽¹⁾.

Halcones Precious Metals (TSXV:HPM) 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.

Halcones Precious Metals Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Halcones Precious Metals's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Halcones Precious Metals (TSXV:HPM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Halcones Precious Metals Corp (TSXV:HPM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

36 LOMBARD Road, 4th Floor, Toronto, ON, CAN, M5C 2X3

Website

https://www.halconespreciousmetals.com

Halcones Precious Metals Corp is engaged in developing a High-Grade Epithermal Gold Project in Chile. It has s a single operating segment, which is the mineral exploration and evaluation in Chile.

Halcones Precious Metals (TSXV:HPM) Headlines

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Halcones Precious Metals (TSXV:HPM) Cash-to-Debt : No Debt (1) (As of Dec. 2023)