ValOre Metals (FRA:KEQ0) Cash-to-Debt : 0.48 (As of Mar. 2024)

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What is ValOre 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. ValOre Metals's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.48.

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, ValOre Metals couldn't 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 ValOre Metals's Cash-to-Debt or its related term are showing as below:

FRA:KEQ0' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: No Debt Max: No Debt
Current: 0.48

During the past 13 years, ValOre Metals's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was No Debt.

FRA:KEQ0's Cash-to-Debt is ranked worse than
76.84% of 177 companies
in the Other Energy Sources industry
Industry Median: 1.96 vs FRA:KEQ0: 0.48

ValOre Metals Cash-to-Debt Historical Data

The historical data trend for ValOre 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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ValOre Metals Cash-to-Debt Chart

ValOre Metals Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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No Debt

0.47

No Debt

2.66

No Debt

ValOre Metals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.08	1.94	No Debt	1.41	0.48

Competitive Comparison of ValOre Metals's Cash-to-Debt

For the Uranium subindustry, ValOre 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.

ValOre Metals's Cash-to-Debt Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, ValOre Metals's Cash-to-Debt distribution charts can be found below:

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

ValOre 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.

ValOre Metals's Cash to Debt Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

ValOre Metals had no debt ⁽¹⁾.

ValOre Metals's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	0.206	/	(0.434	+	0)
	=	0.47

ValOre Metals (FRA:KEQ0) 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.

ValOre Metals Cash-to-Debt Related Terms

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ValOre Metals (FRA:KEQ0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » ValOre Metals Corp (FRA:KEQ0) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

KVLQF:USA KEQ0:Germany VO:Canada

Address

800 West Pender Street, Suite 1020, Vancouver, BC, CAN, V6C 2V6

Website

https://www.valoremetals.com

ValOre Metals Corp is a Canadian-based exploration-stage company. It focuses on the acquisition, exploration, and development of mineral resources. Pedra Branca, Angilak, Baffin Gold, Genesis and Hatchet Lake are some of the assets that the company possesses. It has two geographical segments that include Canada and Brazil.

ValOre Metals (FRA:KEQ0) Headlines

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