Nexus Uranium (STU:3H1) Cash-to-Debt : No Debt ⁽¹⁾ (As of Feb. 2024)

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

STU:3H1' 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 7 years, Nexus Uranium's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

STU:3H1's Cash-to-Debt is ranked better than
99.92% of 2646 companies
in the Metals & Mining industry
Industry Median: 18.395 vs STU:3H1: No Debt

Nexus Uranium Cash-to-Debt Historical Data

The historical data trend for Nexus Uranium'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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Nexus Uranium Cash-to-Debt Chart

Nexus Uranium Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Cash-to-Debt

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No Debt

Nexus Uranium Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Nexus Uranium's Cash-to-Debt

For the Other Precious Metals & Mining subindustry, Nexus Uranium'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.

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

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

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

Nexus Uranium 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.

Nexus Uranium's Cash to Debt Ratio for the fiscal year that ended in Nov. 2023 is calculated as:

Nexus Uranium had no debt ⁽¹⁾.

Nexus Uranium's Cash to Debt Ratio for the quarter that ended in Feb. 2024 is calculated as:

Nexus Uranium had no debt ⁽¹⁾.

Nexus Uranium (STU:3H1) 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.

Nexus Uranium Cash-to-Debt Related Terms

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

Nexus Uranium (STU:3H1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nexus Uranium Corp (STU:3H1) » Definitions » Cash-to-Debt

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GIDMF:USA NEXU:Canada

Address

503 - 905 West Pender Street, Vancouver, BC, CAN, V6C 1L6

Website

https://www.nexusuranium.com

Nexus Uranium Corp is a multi-commodity development company focused on advancing the Wray Mesa uranium-vanadium project in Utah in addition to its precious metals portfolio that includes the development-stage Independence mine located adjacent to Nevada Gold Mine's Phoenix-Fortitude mine in Nevada, the Napoleon gold project in British Columbia, and a package of gold claims in the Yukon.

Nexus Uranium (STU:3H1) Headlines

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Nexus Uranium (STU:3H1) Cash-to-Debt : No Debt (1) (As of Feb. 2024)