GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nevada Sunrise Metals Corp (OTCPK:NVSGF) » Definitions » Cash-to-Debt

NVSGF (Nevada Sunrise Metals) Cash-to-Debt : No Debt (1) (As of Mar. 2024)


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

What is Nevada Sunrise Metals 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. Nevada Sunrise Metals's cash to debt ratio for the quarter that ended in Mar. 2024 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, Nevada Sunrise Metals could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(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 Nevada Sunrise Metals's Cash-to-Debt or its related term are showing as below:

NVSGF' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.3   Med: No Debt   Max: No Debt
Current: No Debt

During the past 13 years, Nevada Sunrise Metals's highest Cash to Debt Ratio was No Debt. The lowest was 1.30. And the median was No Debt.

NVSGF's Cash-to-Debt is ranked better than
99.96% of 2606 companies
in the Metals & Mining industry
Industry Median: 17.89 vs NVSGF: No Debt

Nevada Sunrise Metals Cash-to-Debt Historical Data

The historical data trend for Nevada Sunrise Metals'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.

Nevada Sunrise Metals Cash-to-Debt Chart

Nevada Sunrise Metals Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt 1.29 1,718.00 No Debt

Nevada Sunrise Metals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Nevada Sunrise Metals's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Nevada Sunrise Metals'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.


Nevada Sunrise Metals's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Nevada Sunrise Metals's Cash-to-Debt falls into.



Nevada Sunrise Metals 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.

Nevada Sunrise Metals's Cash to Debt Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Nevada Sunrise Metals had no debt (1).

Nevada Sunrise Metals's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Nevada Sunrise Metals had no debt (1).

* 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.


Nevada Sunrise Metals  (OTCPK:NVSGF) 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.


Nevada Sunrise Metals Cash-to-Debt Related Terms

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


Nevada Sunrise Metals Business Description

Traded in Other Exchanges
Address
1199 West Pender Street, Suite 408, Vancouver, BC, CAN, V6E 2R1
Nevada Sunrise Metals Corp is engaged in the acquisition, exploration, and evaluation of its mineral property assets located in the State of Nevada, the United States of America. Some of its projects include Kinsley Mountain, Love Lock cobalt mine, Coronado VMS Project, and Water Rights.

Nevada Sunrise Metals Headlines