NHAWF (North Arrow Minerals) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jan. 2025)

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What is North Arrow 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. North Arrow Minerals's cash to debt ratio for the quarter that ended in Jan. 2025 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, North Arrow Minerals could pay off its debt using the cash in hand for the quarter that ended in Jan. 2025.

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

NHAWF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.35 Med: 13.41 Max: No Debt
Current: 366.88

During the past 13 years, North Arrow Minerals's highest Cash to Debt Ratio was No Debt. The lowest was 0.35. And the median was 13.41.

NHAWF's Cash-to-Debt is ranked better than
62.54% of 2576 companies
in the Metals & Mining industry
Industry Median: 20.905 vs NHAWF: 366.88

North Arrow Minerals Cash-to-Debt Historical Data

The historical data trend for North Arrow 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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North Arrow Minerals Cash-to-Debt Chart

North Arrow Minerals Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Cash-to-Debt

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6.81

2.72

1.85

0.46

0.75

North Arrow Minerals Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Cash-to-Debt	Get a 7-Day Free Trial															1.31	0.75	79.58	354.67	No Debt

Competitive Comparison of North Arrow Minerals's Cash-to-Debt

For the Other Precious Metals & Mining subindustry, North Arrow 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.

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

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

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

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North Arrow 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.

North Arrow Minerals'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)
	=	0.314	/	(0.418	+	0)
	=	0.75

North Arrow Minerals's Cash to Debt Ratio for the quarter that ended in Jan. 2025 is calculated as:

North Arrow Minerals had no debt ⁽¹⁾.

North Arrow Minerals (OTCPK:NHAWF) 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.

North Arrow Minerals Cash-to-Debt Related Terms

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North Arrow Minerals Business Description

Industry

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

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NAR:Canada

Address

789 West Pender Street, Suite 960, Vancouver, BC, CAN, V6C 1H2

Website

https://www.northarrowminerals.com

North Arrow Minerals Inc is engaged in acquiring, exploring, and evaluating mineral properties in Canada. Its exploration projects include the DeStaffany property, Bathurst Inlet lithium property, MacKay Lake project, Naujaat diamond project, Pikoo diamond project, and the Loki diamond project among others. Geographically, the company operates only in Canada.