Supreme Critical Metals (XCNQ:CRIT) Cash-to-Debt : 0.07 (As of Aug. 2024)

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What is Supreme Critical 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. Supreme Critical Metals's cash to debt ratio for the quarter that ended in Aug. 2024 was 0.07.

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, Supreme Critical Metals couldn't pay off its debt using the cash in hand for the quarter that ended in Aug. 2024.

The historical rank and industry rank for Supreme Critical Metals's Cash-to-Debt or its related term are showing as below:

XCNQ:CRIT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: No Debt Max: No Debt
Current: 0.07

During the past 13 years, Supreme Critical Metals's highest Cash to Debt Ratio was No Debt. The lowest was 0.07. And the median was No Debt.

XCNQ:CRIT's Cash-to-Debt is ranked worse than
91.72% of 2610 companies
in the Metals & Mining industry
Industry Median: 17.565 vs XCNQ:CRIT: 0.07

Supreme Critical Metals Cash-to-Debt Historical Data

The historical data trend for Supreme Critical 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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Supreme Critical Metals Cash-to-Debt Chart

Supreme Critical Metals Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Cash-to-Debt

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0.23

0.11

7.72

12.58

0.15

Supreme Critical Metals Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Cash-to-Debt	Get a 7-Day Free Trial															0.35	0.11	0.15	0.20	0.07

Competitive Comparison of Supreme Critical Metals's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Supreme Critical 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.

Supreme Critical Metals's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Supreme Critical 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.

Supreme Critical Metals's Cash to Debt Ratio for the fiscal year that ended in Feb. 2024 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)
	=	0.009	/	(0.031	+	0.031)
	=	0.15

Supreme Critical Metals's Cash to Debt Ratio for the quarter that ended in Aug. 2024 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)
	=	0.003	/	(0.031	+	0.015)
	=	0.07

Supreme Critical Metals (XCNQ:CRIT) 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.

Supreme Critical Metals Cash-to-Debt Related Terms

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Supreme Critical Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Supreme Critical Metals Inc (XCNQ:CRIT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

VRCFD:USA VR6:Germany VR6:Germany

Address

355 Burrard Street, Suite 1780, Vancouver, BC, CAN, V6C 2G8

Website

https://www.victorybatterymetals.com

Supreme Critical Metals Inc formerly Victory Battery Metals Corp is a Canadian mineral exploration company. The company operates through two segments namely Acquisition, Exploration, and Development of mineral properties and Administrative and Investing activities. Geographically, it operates in Canada and USA. Its projects portfolio includes Smokey Lithium, Mal-Wen, Loner Property, Hammond Reef South, Lac Simard, and Black Diablo.