Orvana Minerals (Orvana Minerals) Cash-to-Debt : 0.26 (As of Dec. 2023)

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What is Orvana 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. Orvana Minerals's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.26.

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, Orvana Minerals couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Orvana Minerals's Cash-to-Debt or its related term are showing as below:

ORVMF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.63 Max: No Debt
Current: 0.26

During the past 13 years, Orvana Minerals's highest Cash to Debt Ratio was No Debt. The lowest was 0.11. And the median was 0.63.

ORVMF's Cash-to-Debt is ranked worse than
82.54% of 2646 companies
in the Metals & Mining industry
Industry Median: 18.395 vs ORVMF: 0.26

Orvana Minerals Cash-to-Debt Historical Data

The historical data trend for Orvana 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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Orvana Minerals Cash-to-Debt Chart

Orvana Minerals Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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0.64

0.71

0.77

0.32

0.52

Orvana 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															0.22	0.18	0.30	0.52	0.26

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

For the Other Precious Metals & Mining subindustry, Orvana 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.

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

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

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

Orvana 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.

Orvana Minerals's Cash to Debt Ratio for the fiscal year that ended in Sep. 2023 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)
	=	8.329	/	(9.64	+	6.499)
	=	0.52

Orvana Minerals's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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)
	=	3.859	/	(10.948	+	4.178)
	=	0.26

Orvana Minerals (OTCPK:ORVMF) 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.

Orvana Minerals Cash-to-Debt Related Terms

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Orvana Minerals (Orvana Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Orvana Minerals Corp (OTCPK:ORVMF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

O6M:Germany ORV:Canada

Address

70 York Street, Suite 1710, Toronto, ON, CAN, M5J 1S9

Website

https://www.orvana.com

Orvana Minerals Corp is a Canadian mining and exploration company that is involved in the evaluation, development, and mining of precious and base metal deposits. The company predominantly operates in the gold and copper mining industry and its majority of the products are gold dore and gold/copper concentrates. Its properties include El Valle and Carles mines and the El Valle processing plant (collectively, El Valle), producer of copper concentrate and dore, Don Mario Operation and Taguas Property. The company's segments include Orovalle, which operates El Valle Mine in Spain, EMIPA which operates Don Mario Mine in Bolivia, Orvana Argentina and Corporate. Majority of the revenue for the company is generated from its Orovalle segment.