CPPMF (Coppernico Metals) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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

CPPMF' 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 0 years, Coppernico Metals's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

CPPMF's Cash-to-Debt is ranked better than
99.96% of 2584 companies
in the Metals & Mining industry
Industry Median: 17.705 vs CPPMF: No Debt

Coppernico Metals Cash-to-Debt Historical Data

The historical data trend for Coppernico Metals'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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Coppernico Metals Cash-to-Debt Chart

Coppernico Metals Annual Data

Trend

Cash-to-Debt

Coppernico Metals Quarterly Data
	Sep23	Sep24
Cash-to-Debt	N/A	No Debt

Competitive Comparison of Coppernico Metals's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Coppernico Metals'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.

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

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

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

Coppernico Metals 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.

Coppernico Metals's Cash to Debt Ratio for the fiscal year that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Coppernico Metals's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Coppernico Metals had no debt ⁽¹⁾.

Coppernico Metals (OTCPK:CPPMF) 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.

Coppernico Metals Cash-to-Debt Related Terms

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Coppernico Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Coppernico Metals Inc (OTCPK:CPPMF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

9I3:Germany COPR:Canada

Address

1177 West Hastings Street, Suite 1630, Vancouver, BC, CAN, V6E 2K3

Website

https://www.coppernicometals.com

Coppernico Metals Inc is an mineral exploration company focused on creating value for shareholders and stakeholders through the exploration and discovery of world-class copper-gold deposits in South America. The Company's primary asset is the Sombrero copper-gold district located in southern Peru.