Saga Metals (STU:20H) Cash-to-Debt : No Debt ⁽¹⁾ (As of Oct. 2024)

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What is Saga 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. Saga Metals's cash to debt ratio for the quarter that ended in Oct. 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, Saga Metals could pay off its debt using the cash in hand for the quarter that ended in Oct. 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 Saga Metals's Cash-to-Debt or its related term are showing as below:

STU:20H' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 2 years, Saga Metals's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

STU:20H's Cash-to-Debt is ranked better than
99.96% of 2593 companies
in the Metals & Mining industry
Industry Median: 17.79 vs STU:20H: No Debt

Saga Metals Cash-to-Debt Historical Data

The historical data trend for Saga 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.

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Saga Metals Cash-to-Debt Chart

Saga Metals Annual Data

Trend

Jul23

Jul24

Cash-to-Debt

No Debt

Saga Metals Quarterly Data
	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Cash-to-Debt	Get a 7-Day Free Trial			N/A	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Saga Metals's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Saga 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.

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

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

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

Saga 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.

Saga Metals's Cash to Debt Ratio for the fiscal year that ended in Jul. 2024 is calculated as:

Saga Metals had no debt ⁽¹⁾.

Saga Metals's Cash to Debt Ratio for the quarter that ended in Oct. 2024 is calculated as:

Saga Metals had no debt ⁽¹⁾.

Saga Metals (STU:20H) 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.

Saga Metals Cash-to-Debt Related Terms

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Saga Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Saga Metals Corp (STU:20H) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SAGA:Canada

Address

2288 - 1177 West Hastings Street, Vancouver, BC, CAN, V6E 2K3

Website

https://www.sagametals.com

Saga Metals Corp is a diversified critical mineral exploration company whose principal business is the acquisition and exploration of mineral assets that support the green energy transition. It has currently has interests in four mineral properties in Canada: Double Mer Property, a uranium exploration project, Legacy Lithium Property, a LCT spodumene pegmatite lithium exploration project, Radar Titanium-Vanadium Property, a titanium-vanadium layered mafic intrusion exploration project and North Wind Iron Project.

Saga Metals Headlines

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Saga Metals (STU:20H) Cash-to-Debt : No Debt (1) (As of Oct. 2024)