MISVF (Minco Silver) Cash-to-Debt : 43.88 (As of Jun. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Minco Silver 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. Minco Silver's cash to debt ratio for the quarter that ended in Jun. 2024 was 43.88.

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, Minco Silver could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

MISVF' s Cash-to-Debt Range Over the Past 10 Years
Min: 37.94 Med: 158.24 Max: No Debt
Current: 43.85

During the past 13 years, Minco Silver's highest Cash to Debt Ratio was No Debt. The lowest was 37.94. And the median was 158.24.

MISVF's Cash-to-Debt is ranked better than
55.57% of 2638 companies
in the Metals & Mining industry
Industry Median: 18.53 vs MISVF: 43.85

Minco Silver Cash-to-Debt Historical Data

The historical data trend for Minco Silver'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.

Minco Silver Cash-to-Debt Chart

Minco Silver Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

85.71

176.98

44.79

42.67

46.77

Minco Silver Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															41.05	41.47	46.77	46.04	43.88

Competitive Comparison of Minco Silver's Cash-to-Debt

For the Silver subindustry, Minco Silver'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.

Minco Silver's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Minco Silver 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.

Minco Silver'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)
	=	26.516	/	(0.167	+	0.4)
	=	46.77

Minco Silver's Cash to Debt Ratio for the quarter 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)
	=	21.019	/	(0.172	+	0.307)
	=	43.88

Minco Silver (OTCPK:MISVF) 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.

Minco Silver Cash-to-Debt Related Terms

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

Minco Silver Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Minco Silver Corp (OTCPK:MISVF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

XYD:Germany MSV:Canada

Address

1055 West Georgia Street, Suite 2060, P.O. Box 11176, Vancouver, BC, CAN, V6E 3P3

Website

http://www.mincosilver.com

Minco Silver Corp is a Canadian-based silver mining company. It is engaged in exploring, evaluating, and developing precious metal mineral properties and projects. The company has an interest in the Fuwan Silver Project and Changkeng Gold Project. It has one segment for the exploration and development of resource properties.

Minco Silver Headlines

No Headlines