Live Energy Minerals (XCNQ:LIVE) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jan. 2024)

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What is Live Energy 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. Live Energy Minerals'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, Live Energy Minerals 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 Live Energy Minerals's Cash-to-Debt or its related term are showing as below:

XCNQ:LIVE' 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, Live Energy Minerals's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

XCNQ:LIVE's Cash-to-Debt is ranked better than
99.92% of 2642 companies
in the Metals & Mining industry
Industry Median: 18.42 vs XCNQ:LIVE: No Debt

Live Energy Minerals Cash-to-Debt Historical Data

The historical data trend for Live Energy 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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Live Energy Minerals Cash-to-Debt Chart

Live Energy Minerals Annual Data

Trend

Oct21

Oct22

Oct23

Cash-to-Debt

No Debt

Live Energy Minerals Quarterly Data
	Apr21	Jul21	Oct21	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial						N/A	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Live Energy Minerals's Cash-to-Debt

For the Gold subindustry, Live Energy 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.

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

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

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

Live Energy 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.

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

Live Energy Minerals had no debt ⁽¹⁾.

Live Energy Minerals's Cash to Debt Ratio for the quarter that ended in Jan. 2024 is calculated as:

Live Energy Minerals had no debt ⁽¹⁾.

Live Energy Minerals (XCNQ:LIVE) 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.

Live Energy Minerals Cash-to-Debt Related Terms

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Live Energy Minerals (XCNQ:LIVE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Live Energy Minerals Corp (XCNQ:LIVE) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

GTREF:USA

Address

810 - 789 West Pender Street, Vancouver, BC, CAN, V6C 1H2

Website

https://www.liveenergyminerals.com

Live Energy Minerals Corp is an exploration of resource properties. It holds interests in the Skygold Project located in the Cariboo Placer Region in British Columbia and also has the McDermitt Lithium Property. The company has one business segment the exploration of resource properties, in two geographic locations Canada and the United States.