Western Star Resources (XCNQ:WSR) Cash-to-Debt : 0.04 (As of Dec. 2023)

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What is Western Star 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. Western Star Resources's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.04.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Western Star Resources couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

XCNQ:WSR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: No Debt Max: No Debt
Current: 0.04

During the past 3 years, Western Star Resources's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was No Debt.

XCNQ:WSR's Cash-to-Debt is ranked worse than
94.32% of 2643 companies
in the Metals & Mining industry
Industry Median: 18.42 vs XCNQ:WSR: 0.04

Western Star Resources Cash-to-Debt Historical Data

The historical data trend for Western Star 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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Western Star Resources Cash-to-Debt Chart

Western Star Resources Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

0.04

Western Star Resources Quarterly Data
	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	0.04

Competitive Comparison of Western Star Resources's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Western Star 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.

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

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

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

Western Star 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.

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

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.002	/	(0.046	+	0)
	=	0.04

Western Star Resources's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.002	/	(0.046	+	0)
	=	0.04

Western Star Resources (XCNQ:WSR) 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.

Western Star Resources Cash-to-Debt Related Terms

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Western Star Resources (XCNQ:WSR) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

WSRIF:USA

Address

8988 Fraserton Court, Unit 114B, Burnaby, BC, CAN, V5J 5H8

Website

Western Star Resources Inc is a mineral exploration and development company. Its activities consist of acquiring, exploring, developing, and operating mining properties.

Executives

Blake Morgan

Senior Officer