Fathom Nickel (Fathom Nickel) Cash-to-Debt : 3.22 (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Fathom Nickel 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. Fathom Nickel's cash to debt ratio for the quarter that ended in Sep. 2023 was 3.22.

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, Fathom Nickel could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

FNICF' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.03 Med: 18.38 Max: No Debt
Current: 3.22

During the past 3 years, Fathom Nickel's highest Cash to Debt Ratio was No Debt. The lowest was 2.03. And the median was 18.38.

FNICF's Cash-to-Debt is ranked worse than
60.06% of 2649 companies
in the Metals & Mining industry
Industry Median: 17.59 vs FNICF: 3.22

Fathom Nickel Cash-to-Debt Historical Data

The historical data trend for Fathom Nickel'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.

* Premium members only.

Fathom Nickel Cash-to-Debt Chart

Fathom Nickel Annual Data

Trend

Dec20

Dec21

Dec22

Cash-to-Debt

No Debt

29.67

10.94

Fathom Nickel Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial							12.92	6.87	10.94	2.03	3.22

Competitive Comparison of Fathom Nickel's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Fathom Nickel'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.

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

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

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

Fathom Nickel 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.

Fathom Nickel'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)
	=	2.176	/	(0.041	+	0.158)
	=	10.93

Fathom Nickel'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)
	=	0.561	/	(0.041	+	0.133)
	=	3.22

Fathom Nickel (OTCPK:FNICF) 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.

Fathom Nickel Cash-to-Debt Related Terms

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

Fathom Nickel (Fathom Nickel) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

6Q5:Germany FNI:Canada

Address

521 3rd Avenue SW, Suite 730, Calgary, AB, CAN, T2P3T3

Website

https://www.fathomnickel.com

Fathom Nickel Inc is a resource development and exploration company that is targeting high-grade nickel sulfide discoveries for use in the rapidly growing global electric vehicle market.

Fathom Nickel (Fathom Nickel) Headlines

From GuruFocus

Fathom Nickel Inc. to Present at the Metals and Mining Virtual Investor Conference July 27th

By Marketwired • 07-25-2023