Zephyr Minerals (TSXV:ZFR) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Zephyr Minerals 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. Zephyr Minerals'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, Zephyr Minerals 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 Zephyr Minerals's Cash-to-Debt or its related term are showing as below:

TSXV:ZFR' 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, Zephyr Minerals's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

TSXV:ZFR's Cash-to-Debt is ranked better than
99.92% of 2634 companies
in the Metals & Mining industry
Industry Median: 17.81 vs TSXV:ZFR: No Debt

Zephyr Minerals Cash-to-Debt Historical Data

The historical data trend for Zephyr Minerals'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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Zephyr Minerals Cash-to-Debt Chart

Zephyr Minerals Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

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Dec22

Dec23

Cash-to-Debt

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No Debt

Zephyr Minerals 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	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Zephyr Minerals's Cash-to-Debt

For the Gold subindustry, Zephyr Minerals'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.

Zephyr Minerals's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Zephyr Minerals 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.

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

Zephyr Minerals had no debt ⁽¹⁾.

Zephyr Minerals's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Zephyr Minerals had no debt ⁽¹⁾.

Zephyr Minerals (TSXV:ZFR) 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.

Zephyr Minerals Cash-to-Debt Related Terms

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

Zephyr Minerals (TSXV:ZFR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Zephyr Minerals Ltd (TSXV:ZFR) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

ZPHYF:USA

Address

1301 - 1959 Upper Water Street, Purdy's Wharf Tower 1, Halifax, NS, CAN, B3J 3N2

Website

https://www.zephyrminerals.com

Zephyr Minerals Ltd is an exploration and development company. It holds an interest in the Dawson-Green Mountain property in Colorado, USA. The Dawson section located at the eastern end of the property comprises a gold project. The Green Mountain section located at the western end of the project is prospective for copper and gold. The El Plomo section forms the central portion of the property. Its operations are located in Canada, the United States of America, and Zimbabwe.

Zephyr Minerals (TSXV:ZFR) Headlines

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Zephyr Minerals (TSXV:ZFR) Cash-to-Debt : No Debt (1) (As of Dec. 2023)