QC Copper and Gold (TSXV:QCCU) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jan. 2024)

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What is QC Copper and Gold 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. QC Copper and Gold's cash to debt ratio for the quarter that ended in Jan. 2024 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, QC Copper and Gold could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

(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 QC Copper and Gold's Cash-to-Debt or its related term are showing as below:

TSXV:QCCU' 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 6 years, QC Copper and Gold's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

TSXV:QCCU's Cash-to-Debt is ranked better than
99.96% of 2643 companies
in the Metals & Mining industry
Industry Median: 18.42 vs TSXV:QCCU: No Debt

QC Copper and Gold Cash-to-Debt Historical Data

The historical data trend for QC Copper and Gold'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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QC Copper and Gold Cash-to-Debt Chart

QC Copper and Gold Annual Data

Trend

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash-to-Debt

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No Debt

QC Copper and Gold Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of QC Copper and Gold's Cash-to-Debt

For the Copper subindustry, QC Copper and Gold'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.

QC Copper and Gold's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where QC Copper and Gold's Cash-to-Debt falls into.

QC Copper and Gold 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.

QC Copper and Gold's Cash to Debt Ratio for the fiscal year that ended in Oct. 2023 is calculated as:

QC Copper and Gold had no debt ⁽¹⁾.

QC Copper and Gold's Cash to Debt Ratio for the quarter that ended in Jan. 2024 is calculated as:

QC Copper and Gold had no debt ⁽¹⁾.

QC Copper and Gold (TSXV:QCCU) 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.

QC Copper and Gold Cash-to-Debt Related Terms

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

QC Copper and Gold (TSXV:QCCU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » QC Copper and Gold Inc (TSXV:QCCU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

QCCUF:USA

Address

55 University Avenue, Suite 1805, Toronto, ON, CAN, M5J 2H7

Website

https://www.qccopper.com

QC Copper and Gold Inc are engaged in the business activity is the exploration, development and production of exploration and evaluation assets in Canada. The company is involved in the project namely Roger and Opemiska.

Executives

Stephen Alexander Nelson Stewart

Director, Senior Officer

QC Copper and Gold (TSXV:QCCU) Headlines

No Headlines

QC Copper and Gold (TSXV:QCCU) Cash-to-Debt : No Debt (1) (As of Jan. 2024)