Scandium International Mining (Scandium International Mining) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Scandium International Mining 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. Scandium International Mining's cash to debt ratio for the quarter that ended in Dec. 2023 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, Scandium International Mining could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(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 Scandium International Mining's Cash-to-Debt or its related term are showing as below:

SCYYF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Scandium International Mining's highest Cash to Debt Ratio was No Debt. The lowest was 0.17. And the median was No Debt.

SCYYF's Cash-to-Debt is ranked better than
99.92% of 2645 companies
in the Metals & Mining industry
Industry Median: 18.37 vs SCYYF: No Debt

Scandium International Mining Cash-to-Debt Historical Data

The historical data trend for Scandium International Mining'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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Scandium International Mining Cash-to-Debt Chart

Scandium International Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

Scandium International Mining Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	N/A	No Debt	No Debt	No Debt

Competitive Comparison of Scandium International Mining's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Scandium International Mining'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.

Scandium International Mining's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Scandium International Mining's Cash-to-Debt falls into.

Scandium International Mining 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.

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

Scandium International Mining had no debt ⁽¹⁾.

Scandium International Mining's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Scandium International Mining had no debt ⁽¹⁾.

Scandium International Mining (OTCPK:SCYYF) 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.

Scandium International Mining Cash-to-Debt Related Terms

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Scandium International Mining (Scandium International Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Scandium International Mining Corp (OTCPK:SCYYF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

0E6:Germany SCY:Canada

Address

1390 Ione Pass Trail, Reno, NV, USA, 89523

Website

https://www.scandiummining.com

Scandium International Mining Corp is a mineral exploration and development company. The company is focused on the development of scandium, rare earth minerals, and other specialty metals, including nickel, cobalt, boron, manganese, tantalum, titanium, and zirconium. Its principal project is the Nyngan Scandium Project located in New South Wales, Australia. The company also operates the Honeybugle Scandium Project.

Executives

Peter Banghart Evensen	director	C/O SCANDIUM INTERNATIONAL MINING CORP., 1430 GREG STREET, SUITE 501, SPARKS NV 89431
Rolf Christian Evensen	director	C/O SCANDIUM INTERNATIONAL MINING CORP., 1430 GREG STREET, SUITE 501, SPARKS NV 89431
Scandium Investments Llc	10 percent owner	C/O SHENASSA & COMPANY, 11620 WILSHIRE BLVD., SUITE 460, LOS ANGELES CA 90025
Nigel J. Ricketts	officer: Vice President	453 GEORGE HOLT DRIVE, MT CROSBY, QLD C3 4306
Andrew Carlyle Greig	director	1 MACQUARIE ST, TENERIFFE, QLD C3 4005
James Richard Rothwell	director	472 S STATE STREET, SUITE 201, BELLINGHAM WA 98225
Kudu Partners Lp	10 percent owner	2310 N. MOLTER ROAD, #309, LIBERTY LAKE WA 99019
Adam Knight	officer: Vice President	552 12TH STREET, ELKO NV 89801
John Grubb	director	8325 OLD AZTEC HIGHWAY, FLORA VISTA NM 87415
Warren K. Davis	director	10553 SNOW SHOE CIRCLE, TRUCKEE CA 96161
Edward H Dickinson	officer: Chief Financial Officer	1430 GREG ST. STE. 501, SPARKS NV 89431
Daniel E Wolfus	director	10350 WILSHIRE BLVD, #1604, LOS ANGELES CA 90024
Michael C. O'brien	officer: CFO	888 DUNSMUIR STREET, 11TH FLOOR, VANCOUVER A1 V6C 3K4
Barry T. Davies	director	#502 - 1430 GREY STREET, SPARKS NV 89431
George F. Putnam	director, officer: CEO & President	#502 - 1430 GREG STREET, SPARKS NV 89431