FE Battery Metals (FE Battery Metals) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is FE Battery 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. FE Battery Metals's cash to debt ratio for the quarter that ended in Dec. 2023 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, FE Battery Metals could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(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 FE Battery Metals's Cash-to-Debt or its related term are showing as below:

FEMFF' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.88 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, FE Battery Metals's highest Cash to Debt Ratio was No Debt. The lowest was 4.88. And the median was No Debt.

FEMFF's Cash-to-Debt is ranked better than
99.92% of 2646 companies
in the Metals & Mining industry
Industry Median: 18.395 vs FEMFF: No Debt

FE Battery Metals Cash-to-Debt Historical Data

The historical data trend for FE Battery 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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FE Battery Metals Cash-to-Debt Chart

FE Battery Metals Annual Data

Trend

Mar14

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Mar16

Mar17

Mar18

Mar19

Mar20

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Mar23

Cash-to-Debt

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No Debt

FE Battery Metals Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Mar22	Dec22	Mar23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	N/A	No Debt	No Debt

Competitive Comparison of FE Battery Metals's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, FE Battery 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.

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

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

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

FE Battery 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.

FE Battery Metals's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

FE Battery Metals had no debt ⁽¹⁾.

FE Battery Metals's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

FE Battery Metals had no debt ⁽¹⁾.

FE Battery Metals (OTCPK:FEMFF) 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.

FE Battery Metals Cash-to-Debt Related Terms

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FE Battery Metals (FE Battery Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » FE Battery Metals Corp (OTCPK:FEMFF) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

V95:Germany FE:Canada

Address

1055 West Georgia Street, Suite 2421, Vancouver, BC, CAN, V6E 3P3

Website

https://www.febatterymetals.com

FE Battery Metals Corp is focused on identifying, exploring, and advancing early-stage lithium pegmatite projects in Canada. The company's projects include Augustus Lithium Property, Falcon Lake Lithium Property, and North Spirit Lithium Property.