Canada Carbon (Canada Carbon) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Canada Carbon 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. Canada Carbon's cash to debt ratio for the quarter that ended in Mar. 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, Canada Carbon could pay off its debt using the cash in hand for the quarter that ended in Mar. 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 Canada Carbon's Cash-to-Debt or its related term are showing as below:

BRUZF' 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 13 years, Canada Carbon's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

BRUZF's Cash-to-Debt is ranked better than
99.96% of 2654 companies
in the Metals & Mining industry
Industry Median: 17.81 vs BRUZF: No Debt

Canada Carbon Cash-to-Debt Historical Data

The historical data trend for Canada Carbon'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.

* Premium members only.

Canada Carbon Cash-to-Debt Chart

Canada Carbon Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

Canada Carbon Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Canada Carbon's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Canada Carbon'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.

Canada Carbon's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Canada Carbon 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.

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

Canada Carbon had no debt ⁽¹⁾.

Canada Carbon's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Canada Carbon had no debt ⁽¹⁾.

Canada Carbon (OTCPK:BRUZF) 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.

Canada Carbon Cash-to-Debt Related Terms

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

Canada Carbon (Canada Carbon) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canada Carbon Inc (OTCPK:BRUZF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

U7N1:Germany CCB:Canada

Address

82 Richmond Street East, Toronto, ON, CAN, M5C1P1

Website

https://www.canadacarbon.com

Canada Carbon Inc is a mineral exploration company. It is engaged in the business of exploration, acquisition, and evaluation of mineral properties in Canada. The company's projects include the Miller Graphite Project and Asbury Graphite Project.