Cayden Resources (FRA:2YC) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2014)

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

What is Cayden Resources 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. Cayden Resources's cash to debt ratio for the quarter that ended in Jun. 2014 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, Cayden Resources could pay off its debt using the cash in hand for the quarter that ended in Jun. 2014.

(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 Cayden Resources's Cash-to-Debt or its related term are showing as below:

FRA:2YC' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.55 Med: No Debt Max: No Debt
Current: No Debt

During the past 5 years, Cayden Resources's highest Cash to Debt Ratio was No Debt. The lowest was 1.55. And the median was No Debt.

FRA:2YC's Cash-to-Debt is not ranked
in the Metals & Mining industry.
Industry Median: 17.81 vs FRA:2YC: No Debt

Cayden Resources Cash-to-Debt Historical Data

The historical data trend for Cayden Resources'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.

Cayden Resources Cash-to-Debt Chart

Cayden Resources Annual Data

Trend

Sep09

Sep10

Sep11

Sep12

Dec13

Cash-to-Debt

No Debt

Cayden Resources Quarterly Data
	Sep09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14
Cash-to-Debt	Get a 7-Day Free Trial													No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Cayden Resources's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Cayden Resources'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.

Cayden Resources's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Cayden Resources 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.

Cayden Resources's Cash to Debt Ratio for the fiscal year that ended in Dec. 2013 is calculated as:

Cayden Resources had no debt ⁽¹⁾.

Cayden Resources's Cash to Debt Ratio for the quarter that ended in Jun. 2014 is calculated as:

Cayden Resources had no debt ⁽¹⁾.

Cayden Resources (FRA:2YC) 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.

Cayden Resources Cash-to-Debt Related Terms

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

Cayden Resources (FRA:2YC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cayden Resources Inc (FRA:2YC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.caydenresources.com

Cayden Resources, Inc., was incorporated on September 10, 2008, under the laws of the Province of British Columbia, Canada, under the name Vistech Capital Corp. Subsequently on September 24, 2010, Vistech changed its name to Cayden Resources Inc. The Company's business activities include the acquisition, exploration and development of resource properties in the America.

Cayden Resources (FRA:2YC) Headlines

No Headlines

Cayden Resources (FRA:2YC) Cash-to-Debt : No Debt (1) (As of Jun. 2014)