MACQF (Themac Resources Group) Cash-to-Debt : 0.00 (As of Sep. 2024)

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

What is Themac Resources Group 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. Themac Resources Group's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.00.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Themac Resources Group couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

During the past 13 years, Themac Resources Group's highest Cash to Debt Ratio was 0.01. The lowest was 0.00. And the median was 0.00.

MACQF's Cash-to-Debt is not ranked ^*
in the Metals & Mining industry.
Industry Median: 17.89
* Ranked among companies with meaningful Cash-to-Debt only.

Themac Resources Group Cash-to-Debt Historical Data

The historical data trend for Themac Resources Group'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.

Themac Resources Group Cash-to-Debt Chart

Themac Resources Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

Get a 7-Day Free Trial

Themac Resources Group 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															-	-	-	-	-

Competitive Comparison of Themac Resources Group's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Themac Resources Group'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.

Themac Resources Group's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Themac Resources Group 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.

Themac Resources Group's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	0.25	/	(127.454	+	0)
	=	0.00

Themac Resources Group's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	0.094	/	(131.556	+	0)
	=	0.00

Themac Resources Group (OTCPK:MACQF) 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.

Themac Resources Group Cash-to-Debt Related Terms

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

Themac Resources Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Themac Resources Group Ltd (OTCPK:MACQF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MAC:Canada

Address

409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2

Website

https://www.themacresourcesgroup.com

Themac Resources Group Ltd is a mineral exploration company that acquires, explores, and develops natural resource properties. Its project includes the Copper Flat mine. The Company has one operating segment: the exploration and development of its mineral property. The Copper Flat Project of the company is located Hillsboro mining district of New Mexico, United States of America is the focused project of the company.

Themac Resources Group Headlines

From GuruFocus

THEMAC Permitting Update

By GlobeNewswire GlobeNewswire • 08-31-2018