AZASF (Arizona Gold & Silver) Cash-to-Debt : No Debt ⁽¹⁾ (As of Nov. 2024)

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What is Arizona Gold & Silver 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. Arizona Gold & Silver's cash to debt ratio for the quarter that ended in Nov. 2024 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, Arizona Gold & Silver could pay off its debt using the cash in hand for the quarter that ended in Nov. 2024.

(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 Arizona Gold & Silver's Cash-to-Debt or its related term are showing as below:

AZASF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: No Debt Max: No Debt
Current: 11.73

During the past 13 years, Arizona Gold & Silver's highest Cash to Debt Ratio was No Debt. The lowest was 0.19. And the median was No Debt.

AZASF's Cash-to-Debt is ranked worse than
53.13% of 2575 companies
in the Metals & Mining industry
Industry Median: 20.29 vs AZASF: 11.73

Arizona Gold & Silver Cash-to-Debt Historical Data

The historical data trend for Arizona Gold & Silver'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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Arizona Gold & Silver Cash-to-Debt Chart

Arizona Gold & Silver Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

0.43

No Debt

Arizona Gold & Silver Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Cash-to-Debt	Get a 7-Day Free Trial															0.27	0.19	No Debt	No Debt	No Debt

Competitive Comparison of Arizona Gold & Silver's Cash-to-Debt

For the Other Precious Metals & Mining subindustry, Arizona Gold & Silver'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.

Arizona Gold & Silver's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Arizona Gold & Silver's Cash-to-Debt falls into.

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Arizona Gold & Silver 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.

Arizona Gold & Silver's Cash to Debt Ratio for the fiscal year that ended in Aug. 2024 is calculated as:

Arizona Gold & Silver had no debt ⁽¹⁾.

Arizona Gold & Silver's Cash to Debt Ratio for the quarter that ended in Nov. 2024 is calculated as:

Arizona Gold & Silver had no debt ⁽¹⁾.

Arizona Gold & Silver (OTCPK:AZASF) 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.

Arizona Gold & Silver Cash-to-Debt Related Terms

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

Arizona Gold & Silver Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arizona Gold & Silver Inc (OTCPK:AZASF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

A9J0:Germany AZS:Canada

Address

777 Hornby Street, Suite 900, Vancouver, BC, CAN, V6Z 1S4

Website

https://www.arizonasilverexploration.com

Arizona Gold & Silver Inc is a young exploration company focused on exploring gold-silver properties in western Arizona and Nevada. The flagship asset is the Philadelphia gold-silver property where the Company is drilling off an epithermal gold-silver system. Its projects include Philadelphia Property, Silverton Gold Project and Sycamore Canyon Project.