Empress Royalty (Empress Royalty) Cash-to-Debt : 0.15 (As of Mar. 2024)

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What is Empress Royalty 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. Empress Royalty's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.15.

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, Empress Royalty couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

EMPYF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 0.28 Max: No Debt
Current: 0.15

During the past 3 years, Empress Royalty's highest Cash to Debt Ratio was No Debt. The lowest was 0.15. And the median was 0.28.

EMPYF's Cash-to-Debt is ranked worse than
87.03% of 2652 companies
in the Metals & Mining industry
Industry Median: 17.69 vs EMPYF: 0.15

Empress Royalty Cash-to-Debt Historical Data

The historical data trend for Empress Royalty'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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Empress Royalty Cash-to-Debt Chart

Empress Royalty Annual Data

Trend

Sep20

Dec22

Dec23

Cash-to-Debt

No Debt

0.22

0.40

Empress Royalty Quarterly Data
	Jun20	Dec20	Mar21	Jun21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial								0.26	0.40	0.25	0.40	0.15

Competitive Comparison of Empress Royalty's Cash-to-Debt

For the Other Precious Metals & Mining subindustry, Empress Royalty'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.

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

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

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

Empress Royalty 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.

Empress Royalty's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	1.172	/	(1.229	+	1.713)
	=	0.40

Empress Royalty's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	1.067	/	(2.94	+	4.044)
	=	0.15

Empress Royalty (OTCPK:EMPYF) 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.

Empress Royalty Cash-to-Debt Related Terms

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Empress Royalty (Empress Royalty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Empress Royalty Corp (OTCPK:EMPYF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

53G:Germany EMPR:Canada

Address

1130 West Pender Street, Suite 545, Vancouver, BC, CAN, V6E 4A4

Website

https://www.empressroyalty.com

Empress is a royalty and streaming creation company. Focused on providing investors with a diversified portfolio of gold and silver investments, Empress actively invests in mining companies with development and production stage projects that require additional non-dilutive capital. Strategic partnerships with Endeavour Financial and Terra Capital provide access to global investment opportunities and bring unique mining finance expertise, deal structuring, and access to capital markets.