CTVFF (CleanTech Vanadium Mining) Cash-to-Debt : 1.20 (As of Dec. 2024)

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What is CleanTech Vanadium Mining 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. CleanTech Vanadium Mining's cash to debt ratio for the quarter that ended in Dec. 2024 was 1.20.

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, CleanTech Vanadium Mining could pay off its debt using the cash in hand for the quarter that ended in Dec. 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 CleanTech Vanadium Mining's Cash-to-Debt or its related term are showing as below:

CTVFF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: No Debt Max: No Debt
Current: 1.19

During the past 2 years, CleanTech Vanadium Mining's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was No Debt.

CTVFF's Cash-to-Debt is ranked worse than
67.05% of 2580 companies
in the Metals & Mining industry
Industry Median: 20.23 vs CTVFF: 1.19

CleanTech Vanadium Mining Cash-to-Debt Historical Data

The historical data trend for CleanTech Vanadium Mining'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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CleanTech Vanadium Mining Cash-to-Debt Chart

CleanTech Vanadium Mining Annual Data

Trend

Dec21

Mar24

Cash-to-Debt

N/A

No Debt

CleanTech Vanadium Mining Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial							No Debt	No Debt	No Debt	0.04	1.20

Competitive Comparison of CleanTech Vanadium Mining's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, CleanTech Vanadium Mining'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.

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

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

* The bar in red indicates where CleanTech Vanadium Mining's Cash-to-Debt falls into.

CleanTech Vanadium Mining 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.

CleanTech Vanadium Mining's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

CleanTech Vanadium Mining had no debt ⁽¹⁾.

CleanTech Vanadium Mining's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	3.365	/	(2.817	+	0)
	=	1.19

CleanTech Vanadium Mining (OTCPK:CTVFF) 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.

CleanTech Vanadium Mining Cash-to-Debt Related Terms

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

CleanTech Vanadium Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CleanTech Vanadium Mining Corp (OTCPK:CTVFF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CTV:Canada

Address

409 Granville Street, Suite 1610, Vancouver, BC, CAN, V6C 1T2

Website

https://www.leantechvanadium.com

CleanTech Vanadium Mining Corp is a mining company. Its project include Gibellini Vanadium Project near Eureka in Nevada's Battle Mountain region.

CleanTech Vanadium Mining Headlines

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