COBA (Chilean Cobalt) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2024)

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What is Chilean Cobalt 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. Chilean Cobalt's cash to debt ratio for the quarter that ended in Dec. 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, Chilean Cobalt could pay off its debt using the cash in hand for the quarter that ended in Dec. 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 Chilean Cobalt's Cash-to-Debt or its related term are showing as below:

COBA' s Cash-to-Debt Range Over the Past 10 Years
Min: 16.95 Med: No Debt Max: No Debt
Current: No Debt

During the past 4 years, Chilean Cobalt's highest Cash to Debt Ratio was No Debt. The lowest was 16.95. And the median was No Debt.

COBA's Cash-to-Debt is ranked better than
99.96% of 2583 companies
in the Metals & Mining industry
Industry Median: 20.95 vs COBA: No Debt

Chilean Cobalt Cash-to-Debt Historical Data

The historical data trend for Chilean Cobalt'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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Chilean Cobalt Cash-to-Debt Chart

Chilean Cobalt Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

16.95

No Debt

Chilean Cobalt Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial								No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Chilean Cobalt's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Chilean Cobalt'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.

Chilean Cobalt's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

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Chilean Cobalt 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.

Chilean Cobalt's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Chilean Cobalt had no debt ⁽¹⁾.

Chilean Cobalt's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

Chilean Cobalt had no debt ⁽¹⁾.

Chilean Cobalt (OTCPK:COBA) 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.

Chilean Cobalt Cash-to-Debt Related Terms

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Chilean Cobalt Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Chilean Cobalt Corp (OTCPK:COBA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1199 Lancaster Avenue, Suite 107, Berwyn, PA, USA, 19312

Website

https://www.chileancobaltcorp.com

Chilean Cobalt Corp is a primary cobalt, secondary copper, junior mining and exploration company. It is a critical materials exploration and development company focused on developing the La Cobaltera project located in Chile's historic San Juan cobalt district. La Cobaltera is a district-scale opportunity across C3's 2,635 hectares of 100 percent owned and unencumbered mining property situated in the San Juan District in northern Chile (Atacama Region III), a historic mining district with numerous past-producing mines and excellent infrastructure and accessibility.