STACF (Portex Minerals) Cash-to-Debt: 0.00 (As of Jun. 2016)

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What is Portex Minerals Cash-to-Debt?

Portex Minerals STACF Cash-to-Debt is 0.00 as of Jun. 2016.

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. Portex Minerals's cash to debt ratio for the quarter that ended in Jun. 2016 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, Portex Minerals couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2016.

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

STACF's Cash-to-Debt is not ranked *
in the Metals & Mining industry.
Industry Median: 33.75
* Ranked among companies with meaningful Cash-to-Debt only.

Portex Minerals  (OTCPK:STACF) 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.

Portex Minerals Cash-to-Debt Related Terms

Portex Minerals Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Portex 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.

Portex Minerals Cash-to-Debt Chart

Portex Minerals Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only No Debt 0.55 No Debt 41.39 4.79

Portex Minerals Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 0.55 4.79 0.00 0.00 0.00

Portex Minerals Cash-to-Debt Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Portex 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.

Portex Minerals Cash-to-Debt vs Metals & Mining Industry

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

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


Portex 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.

Portex Minerals's Cash to Debt Ratio for the fiscal year that ended in Sep. 2015 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)
=0.091 / (0.019 + 0)
=4.79

Portex Minerals's Cash to Debt Ratio for the quarter that ended in Jun. 2016 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 / (0.019 + 0)
=0.00

* 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.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 0.00 mean?
Portex Minerals (STACF) has a Cash-to-Debt of 0.00 as of Jun. 2016.
Is Portex Minerals' Cash-to-Debt too high?
Portex Minerals' current Cash-to-Debt is 0.00.
How does Portex Minerals' Cash-to-Debt compare to competitors?
Portex Minerals' Cash-to-Debt of 0.00 can be compared against companies in the Metals & Mining industry. The industry median Cash-to-Debt is 33.75. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Metals & Mining company?
The median Cash-to-Debt among Metals & Mining companies is 33.75, based on 2,614 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Metals & Mining industry, the median Cash-to-Debt is 33.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Portex Minerals's current Cash-to-Debt is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Portex Minerals stock overvalued right now?
Portex Minerals (STACF) has a current Cash-to-Debt of 0.00. The current Cash-to-Debt is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Portex Minerals (STACF), the current Cash-to-Debt is 0.00 as of Jun. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Portex Minerals Business Description

Address 2 Bloor Street West, Suite 2000, Toronto, ON, CAN, M4W 3E2
Portex Minerals Inc is a mineral exploration and development company focused on the acquisition and development of mining projects in Europe and other low-risk jurisdictions.