ARREF (Amerigo Resources) Cash-to-Debt : 1.68 (As of Sep. 2024)

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What is Amerigo 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. Amerigo Resources's cash to debt ratio for the quarter that ended in Sep. 2024 was 1.68.

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, Amerigo Resources could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

ARREF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.27 Max: No Debt
Current: 1.68

During the past 13 years, Amerigo Resources's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.27.

ARREF's Cash-to-Debt is ranked worse than
64.76% of 2605 companies
in the Metals & Mining industry
Industry Median: 17.97 vs ARREF: 1.68

Amerigo Resources Cash-to-Debt Historical Data

The historical data trend for Amerigo 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.

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Amerigo Resources Cash-to-Debt Chart

Amerigo Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.02

0.13

1.77

1.46

0.78

Amerigo Resources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.65	0.78	0.73	1.99	1.68

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

For the Copper subindustry, Amerigo 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.

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

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

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

Amerigo 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.

Amerigo Resources's Cash to Debt Ratio for the fiscal year 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)
	=	16.248	/	(10.303	+	10.41)
	=	0.78

Amerigo Resources's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	25.127	/	(8.404	+	6.541)
	=	1.68

Amerigo Resources (OTCPK:ARREF) 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.

Amerigo Resources Cash-to-Debt Related Terms

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Amerigo Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Amerigo Resources Ltd (OTCPK:ARREF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

RE8:Germany RE8:Germany ARG:Canada

Address

1021 West Hastings Street, 9th Floor, Vancouver, BC, CAN, V6E 0C3

Website

https://www.amerigoresources.com

Amerigo Resources Ltd is principally engaged in the production of copper and molybdenum concentrates through its operating subsidiary Minera Valle Central S.A. The group operates in one segment, the production of copper concentrates with the production of molybdenum concentrates as a by-product. The company geographically operates in Chile and Canada and earns maximum of its revenue from Chile.