CLMPF (Canadian Premiumnd) Cash-to-Debt : 1.06 (As of Dec. 2024)

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What is Canadian Premiumnd 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. Canadian Premiumnd's cash to debt ratio for the quarter that ended in Dec. 2024 was 1.06.

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, Canadian Premiumnd could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

CLMPF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 2 Max: No Debt
Current: 1.06

During the past 13 years, Canadian Premiumnd's highest Cash to Debt Ratio was No Debt. The lowest was 0.07. And the median was 2.00.

CLMPF's Cash-to-Debt is ranked worse than
68.17% of 2576 companies
in the Metals & Mining industry
Industry Median: 20.905 vs CLMPF: 1.06

Canadian Premiumnd Cash-to-Debt Historical Data

The historical data trend for Canadian Premiumnd'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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Canadian Premiumnd Cash-to-Debt Chart

Canadian Premiumnd Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Cash-to-Debt

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0.62

2.12

3.24

0.61

0.21

Canadian Premiumnd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.79	0.58	0.38	0.21	1.06

Competitive Comparison of Canadian Premiumnd's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Canadian Premiumnd'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.

Canadian Premiumnd's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

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Canadian Premiumnd 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.

Canadian Premiumnd's Cash to Debt Ratio for the fiscal year 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)
	=	0.544	/	(2.536	+	0.03)
	=	0.21

Canadian Premiumnd's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	2.625	/	(0.038	+	2.438)
	=	1.06

Canadian Premiumnd (OTCPK:CLMPF) 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.

Canadian Premiumnd Cash-to-Debt Related Terms

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Canadian Premiumnd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canadian Premium Sand Inc (OTCPK:CLMPF) » Definitions » Cash-to-Debt

Comparable Companies

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CPS:Canada

Address

715 - 5th Avenue S.W., Suite 2000, Calgary, AB, CAN, T2P 2X6

Website

https://www.canadianpremiumsand.com

Canadian Premium Sand Inc is an exploration stage company. The Company is engaged in developing manufacturing capacity for ultra-high-clarity patterned solar glass through a Company-owned facility to be located in Selkirk, Manitoba. It utilizes the high-purity, low-iron silica sand from its Wanipigow quarry leases and renewable Manitoba hydroelectricity.