Mattmar Minerals (Mattmar Minerals) Cash-to-Debt : No Debt ⁽¹⁾ (As of May. 2012)

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What is Mattmar Minerals 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. Mattmar Minerals's cash to debt ratio for the quarter that ended in May. 2012 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, Mattmar Minerals could pay off its debt using the cash in hand for the quarter that ended in May. 2012.

(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 Mattmar Minerals's Cash-to-Debt or its related term are showing as below:

MTMS's Cash-to-Debt is not ranked ^*
in the Metals & Mining industry.
Industry Median: 18.42
* Ranked among companies with meaningful Cash-to-Debt only.

Mattmar Minerals Cash-to-Debt Historical Data

The historical data trend for Mattmar Minerals'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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Mattmar Minerals Cash-to-Debt Chart

Mattmar Minerals Annual Data

Trend

May06

May07

May08

May09

May10

May11

May12

Cash-to-Debt

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No Debt

Mattmar Minerals Semi-Annual Data
	May06	May07	May08	May09	May10	May11	May12
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Mattmar Minerals's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Mattmar Minerals'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.

Mattmar Minerals's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Mattmar Minerals 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.

Mattmar Minerals's Cash to Debt Ratio for the fiscal year that ended in May. 2012 is calculated as:

Mattmar Minerals had no debt ⁽¹⁾.

Mattmar Minerals's Cash to Debt Ratio for the quarter that ended in May. 2012 is calculated as:

Mattmar Minerals had no debt ⁽¹⁾.

Mattmar Minerals (OTCPK:MTMS) 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.

Mattmar Minerals Cash-to-Debt Related Terms

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Mattmar Minerals (Mattmar Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mattmar Minerals Inc (OTCPK:MTMS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Mattmar Minerals, Inc. was incorporated in Nevada on April 18, 2006. It operates as a development stage company. The Company focuses on engaging in merger or acquisition transaction with an operating company or business. Its purpose has been to serve as a vehicle to acquire an operating business and is considered as a shell company. It was an exploration-stage company that owned certain mineral rights in Canada.

Executives

Arnold P Kling	director, 10 percent owner, officer: President	C/O ADELPHIA HOLDINGS LLC, 545 MADISON AVE 6TH FLOOR, NEW YORK NY 10022
Kirk M Warshaw	officer: Chief Financial Officer	C/O ADELPHIA HOLDINGS LLC, 545 MADISON AVE 6TH FLOOR, NEW YORK NY 10022
R R Biotech Partners Llc	10 percent owner	330 MADISON AVENUE, NEW YORK NY 10017
Partners,llc Moyo	10 percent owner	C/O ARNOLD KLING,ESQ, 444 EAST 86TH STREET # PHF, NEW YORK NY 10028

Mattmar Minerals (Mattmar Minerals) Headlines

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Mattmar Minerals (Mattmar Minerals) Cash-to-Debt : No Debt (1) (As of May. 2012)