Cosa Resources (Cosa Resources) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

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

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

During the past 2 years, Cosa Resources's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

COSAF's Cash-to-Debt is ranked better than
99.96% of 2652 companies
in the Metals & Mining industry
Industry Median: 17.74 vs COSAF: No Debt

Cosa Resources Cash-to-Debt Historical Data

The historical data trend for Cosa 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.

* Premium members only.

Cosa Resources Cash-to-Debt Chart

Cosa Resources Annual Data

Trend

Oct21

Oct22

Cash-to-Debt

No Debt

Cosa Resources Quarterly Data
	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial								No Debt	No Debt	No Debt	No Debt	No Debt

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

For the Other Industrial Metals & Mining subindustry, Cosa 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.

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

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

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

Cosa 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.

Cosa Resources's Cash to Debt Ratio for the fiscal year that ended in Oct. 2022 is calculated as:

Cosa Resources had no debt ⁽¹⁾.

Cosa Resources's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cosa Resources had no debt ⁽¹⁾.

Cosa Resources (OTCPK:COSAF) 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.

Cosa Resources Cash-to-Debt Related Terms

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

Cosa Resources (Cosa Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cosa Resources Corp (OTCPK:COSAF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SSKU:Germany COSA:Canada

Address

1295 Richards Street, Suite 801, Vancouver, BC, CAN, V6B 1B7

Website

https://cosaresources.ca/

Cosa Resources Corp is a natural resource company engaged in the acquisition and exploration of mining properties. The company is focused on the Heron Property, located north of La Ronge, Saskatchewan, and the Athabasca Uranium Properties.

Cosa Resources (Cosa Resources) Headlines

No Headlines

Cosa Resources (Cosa Resources) Cash-to-Debt : No Debt (1) (As of Mar. 2024)