Colibri Resource (Colibri Resource) Cash-to-Debt : 0.19 (As of Sep. 2023)

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What is Colibri Resource 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. Colibri Resource's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.19.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Colibri Resource couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

CRUCF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: No Debt Max: No Debt
Current: 0.19

During the past 13 years, Colibri Resource's highest Cash to Debt Ratio was No Debt. The lowest was 0.12. And the median was No Debt.

CRUCF's Cash-to-Debt is ranked worse than
85.58% of 2636 companies
in the Metals & Mining industry
Industry Median: 17.875 vs CRUCF: 0.19

Colibri Resource Cash-to-Debt Historical Data

The historical data trend for Colibri Resource'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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Colibri Resource Cash-to-Debt Chart

Colibri Resource Annual Data

Trend

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

0.67

0.58

0.35

Colibri Resource Quarterly Data
	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.69	0.35	0.21	0.12	0.19

Competitive Comparison of Colibri Resource's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Colibri Resource'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.

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

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

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

Colibri Resource 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.

Colibri Resource's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	0.481	/	(0.244	+	1.128)
	=	0.35

Colibri Resource's Cash to Debt Ratio for the quarter that ended in Sep. 2023 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)
	=	0.258	/	(0.045	+	1.287)
	=	0.19

Colibri Resource (OTCPK:CRUCF) 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.

Colibri Resource Cash-to-Debt Related Terms

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

Colibri Resource (Colibri Resource) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Colibri Resource Corp (OTCPK:CRUCF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CBI:Canada

Address

105 Englehart Street, Suite 700, Dieppe, NB, CAN, E1A 8K2

Website

https://www.colibriresource.com

Colibri Resource Corp is a mineral resource exploration company. It is engaged in the process of acquiring and exploring precious mineral properties in Mexico. The properties of the company are Evelyn Gold, Diamante Gold & Silver, Pilar & Silver, Mezquite Gold, and Jackie Gold & Silver. The company operates in one reportable business segment, being the acquisition and exploration of mineral properties.

Colibri Resource (Colibri Resource) Headlines

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