CanAlaska Uranium (LTS:0UNV) Cash-to-Debt : 14.62 (As of Jul. 2024)

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What is CanAlaska Uranium 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. CanAlaska Uranium's cash to debt ratio for the quarter that ended in Jul. 2024 was 14.62.

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, CanAlaska Uranium could pay off its debt using the cash in hand for the quarter that ended in Jul. 2024.

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

LTS:0UNV' s Cash-to-Debt Range Over the Past 10 Years
Min: 10.35 Med: No Debt Max: No Debt
Current: 14.62

During the past 13 years, CanAlaska Uranium's highest Cash to Debt Ratio was No Debt. The lowest was 10.35. And the median was No Debt.

LTS:0UNV's Cash-to-Debt is ranked worse than
51.46% of 2606 companies
in the Metals & Mining industry
Industry Median: 17.89 vs LTS:0UNV: 14.62

CanAlaska Uranium Cash-to-Debt Historical Data

The historical data trend for CanAlaska Uranium'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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CanAlaska Uranium Cash-to-Debt Chart

CanAlaska Uranium Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Cash-to-Debt

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No Debt

49.10

15.42

18.53

CanAlaska Uranium Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Cash-to-Debt	Get a 7-Day Free Trial															14.39	10.35	22.11	18.53	14.62

Competitive Comparison of CanAlaska Uranium's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, CanAlaska Uranium'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.

CanAlaska Uranium's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

CanAlaska Uranium 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.

CanAlaska Uranium's Cash to Debt Ratio for the fiscal year that ended in Apr. 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)
	=	14.1	/	(0.099	+	0.662)
	=	18.53

CanAlaska Uranium's Cash to Debt Ratio for the quarter that ended in Jul. 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)
	=	10.775	/	(0.102	+	0.635)
	=	14.62

CanAlaska Uranium (LTS:0UNV) 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.

CanAlaska Uranium Cash-to-Debt Related Terms

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CanAlaska Uranium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CanAlaska Uranium Ltd (LTS:0UNV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CVVUF:USA DH7:Germany DH7:Germany CVV:Canada

Address

Unit 204, 75 - 24th Street E, Saskatoon, SK, CAN, S7K 0K3

Website

https://www.canalaska.com

CanAlaska Uranium Ltd is engaged in the exploration of uranium, nickel, and diamond properties. Its project portfolio includes West McArthur, Cree East, Waterbury (South and East), Moon Lake South, Carswell, North Millennium, Geikie, Chymko, McTavish, Taggart, Carswell, NW Manitoba, Patterson West, Enterprise, Frontier, Voyager, Titian, Constellation, Strong, Strong Extension, Wilson, Moak North, Cree North, Kasmere, Nebula, Mouse Mountain, West Athabasca Kimberlite, Swan Bay, Sebring and Avenger.. The Company's operations comprise a single operating segment engaged in mineral exploration in Canada.

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