North Peak Resources (FRA:B9TN) Cash-to-Debt : 68.41 (As of Dec. 2023)

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What is North Peak Resources 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. North Peak Resources's cash to debt ratio for the quarter that ended in Dec. 2023 was 68.41.

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, North Peak Resources could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

FRA:B9TN' s Cash-to-Debt Range Over the Past 10 Years
Min: 68.42 Med: No Debt Max: No Debt
Current: 68.42

During the past 13 years, North Peak Resources's highest Cash to Debt Ratio was No Debt. The lowest was 68.42. And the median was No Debt.

FRA:B9TN's Cash-to-Debt is ranked better than
58.12% of 2641 companies
in the Metals & Mining industry
Industry Median: 18.3 vs FRA:B9TN: 68.42

North Peak Resources Cash-to-Debt Historical Data

The historical data trend for North Peak Resources'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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North Peak Resources Cash-to-Debt Chart

North Peak Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

126.44

68.41

North Peak Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															126.44	153.74	252.25	355.57	68.41

Competitive Comparison of North Peak Resources's Cash-to-Debt

For the Gold subindustry, North Peak Resources'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.

North Peak Resources's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where North Peak Resources's Cash-to-Debt falls into.

North Peak Resources 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.

North Peak Resources'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)
	=	3.694	/	(0.035	+	0.019)
	=	68.41

North Peak Resources's Cash to Debt Ratio for the quarter 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)
	=	3.694	/	(0.035	+	0.019)
	=	68.41

North Peak Resources (FRA:B9TN) 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.

North Peak Resources Cash-to-Debt Related Terms

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North Peak Resources (FRA:B9TN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » North Peak Resources Ltd (FRA:B9TN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BTLLF:USA B9TN:Germany NPR:Canada

Address

c/o 82 Richmond Street East, Suite 200, 1st Floor, Toronto, ON, CAN, M5C 1P1

Website

https://www.northpeakresources.com

North Peak Resources Ltd is engaged in the exploration and development of mineral properties. It is focused on acquiring gold and other metals. Its property includes The Leahy property which is located in north-central Eby Township and in the southern part of adjacent Grenfell Township, approximately 15km southwest of Kirkland Lake Ontario.

North Peak Resources (FRA:B9TN) Headlines

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