Baden Resources (XCNQ:BDN) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2022)

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What is Baden Resources 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. Baden Resources's cash to debt ratio for the quarter that ended in Sep. 2022 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, Baden Resources could pay off its debt using the cash in hand for the quarter that ended in Sep. 2022.

(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 Baden Resources's Cash-to-Debt or its related term are showing as below:

XCNQ:BDN's Cash-to-Debt is not ranked ^*
in the Metals & Mining industry.
Industry Median: 18.42
* Ranked among companies with meaningful Cash-to-Debt only.

Baden Resources Cash-to-Debt Historical Data

The historical data trend for Baden Resources'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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Baden Resources Cash-to-Debt Chart

Baden Resources Annual Data

Trend

Jun20

Jun21

Jun22

Cash-to-Debt

No Debt

Baden Resources Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash-to-Debt	Get a 7-Day Free Trial						No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Baden Resources's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Baden Resources'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.

Baden Resources's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Baden Resources 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.

Baden Resources's Cash to Debt Ratio for the fiscal year that ended in Jun. 2022 is calculated as:

Baden Resources had no debt ⁽¹⁾.

Baden Resources's Cash to Debt Ratio for the quarter that ended in Sep. 2022 is calculated as:

Baden Resources had no debt ⁽¹⁾.

Baden Resources (XCNQ:BDN) 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.

Baden Resources Cash-to-Debt Related Terms

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Baden Resources (XCNQ:BDN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Baden Resources Inc (XCNQ:BDN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

905 West Pender Street, Suite 503, Vancouver, BC, CAN, V6C 1L6

Website

Baden Resources Inc is a mineral exploration company focused on the acquisition, exploration, and development of mineral properties in British Columbia. Its Midway Property is located in southern British Columbia between the towns of Midway, BC and Rock Creek, BC.