Black Mammoth Metals (FRA:LQK2) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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What is Black Mammoth 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. Black Mammoth Metals's cash to debt ratio for the quarter that ended in Sep. 2024 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, Black Mammoth Metals could pay off its debt using the cash in hand for the quarter that ended in Sep. 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 Black Mammoth Metals's Cash-to-Debt or its related term are showing as below:

FRA:LQK2' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: No Debt Max: No Debt
Current: 21.95

During the past 13 years, Black Mammoth Metals's highest Cash to Debt Ratio was No Debt. The lowest was 0.13. And the median was No Debt.

FRA:LQK2's Cash-to-Debt is ranked better than
51.38% of 2606 companies
in the Metals & Mining industry
Industry Median: 17.89 vs FRA:LQK2: 21.95

Black Mammoth Metals Cash-to-Debt Historical Data

The historical data trend for Black Mammoth 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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Black Mammoth Metals Cash-to-Debt Chart

Black Mammoth Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

3.39

0.11

3.11

1.07

Black Mammoth Metals Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															1.14	1.07	No Debt	No Debt	No Debt

Competitive Comparison of Black Mammoth Metals's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Black Mammoth 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.

Black Mammoth Metals's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Black Mammoth 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.

Black Mammoth Metals'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)
	=	0.029	/	(0.027	+	0)
	=	1.07

Black Mammoth Metals's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Black Mammoth Metals had no debt ⁽¹⁾.

Black Mammoth Metals (FRA:LQK2) 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.

Black Mammoth Metals Cash-to-Debt Related Terms

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

Black Mammoth Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Black Mammoth Metals Corp (FRA:LQK2) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

LQRCF:USA BMM:Canada

Address

1177 West Hastings Street, Suite 1710, Vancouver, BC, CAN, V6E 2L3

Website

https://www.blackmammothmetals.com

Black Mammoth Metals Corp is a mineral exploration company. It is engaged in the acquisition and exploration of resource properties in Idaho and Nevada. Some of the properties of the company are Blanco Creek Property and Happy Cat Gold property, among others.

Black Mammoth Metals Headlines

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Black Mammoth Metals (FRA:LQK2) Cash-to-Debt : No Debt (1) (As of Sep. 2024)