TMRC (Texas Mineral Resources) Cash-to-Debt : 2.54 (As of Feb. 2025)

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What is Texas Mineral Resources 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. Texas Mineral Resources's cash to debt ratio for the quarter that ended in Feb. 2025 was 2.54.

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, Texas Mineral Resources could pay off its debt using the cash in hand for the quarter that ended in Feb. 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 Texas Mineral Resources's Cash-to-Debt or its related term are showing as below:

TMRC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 12.67 Max: No Debt
Current: 2.54

During the past 13 years, Texas Mineral Resources's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 12.67.

TMRC's Cash-to-Debt is ranked worse than
61.73% of 2584 companies
in the Metals & Mining industry
Industry Median: 20.93 vs TMRC: 2.54

Texas Mineral Resources Cash-to-Debt Historical Data

The historical data trend for Texas Mineral Resources'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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Texas Mineral Resources Cash-to-Debt Chart

Texas Mineral Resources Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Cash-to-Debt

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4.65

No Debt

Texas Mineral Resources Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	2.54

Competitive Comparison of Texas Mineral Resources's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Texas Mineral Resources'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.

Texas Mineral Resources's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Texas Mineral Resources's Cash-to-Debt falls into.

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Texas Mineral Resources 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.

Texas Mineral Resources's Cash to Debt Ratio for the fiscal year that ended in Aug. 2024 is calculated as:

Texas Mineral Resources had no debt ⁽¹⁾.

Texas Mineral Resources's Cash to Debt Ratio for the quarter that ended in Feb. 2025 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)
	=	1.182	/	(0.466	+	0)
	=	2.54

Texas Mineral Resources (OTCPK:TMRC) 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.

Texas Mineral Resources Cash-to-Debt Related Terms

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Texas Mineral Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Texas Mineral Resources Corp (OTCPK:TMRC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

539 El Paso Street, Sierra Blanca, TX, USA, 79851

Website

https://www.tmrcorp.com

Texas Mineral Resources Corp is an exploration-stage mining company. It is predominantly engaged in the business of acquisition, exploration, and development of mineral properties. The group focuses on the development of a metallurgical process to concentrate or otherwise extract the metals from the Round Top Projects. Its flagship property includes the Round Top rare earths-uranium-beryllium project covering approximately 900 acres in Hudspeth County, Texas; and prospecting permits covering 9,345 acres adjacent to the Round Top project.

Executives

Anthony G. Marchese	director	15 BADEAU AVENUE, SUMMIT X1 07901
Cecil C Wall	director	3 RIVERWAY, STE. 1800, HOUSTON TX 77056
Lavern K Lund	director	5875 LANDERBROOK DRIVE, SUITE 220, CLEVELAND OH 44124
Clark Moseley	director	PO BOX 2466, SIOUX FALLS SD 57101
Kevin A. Francis	director	553 SAGE CIRCLE, HIGHLANDS RANCH CO 80126
Peter Jr. Denetclaw	director	6040 SANTA CLARA DR, FARMINGTON NM 87402
Chris Mathers	officer: CFO	7 COPANA PT., ROCKPORT TX 78382
Daniel E Gorski	director, officer: Chief Executive Officer	7 COPANO PT. RD., ROCKPORT TX 78382
Nicholas Pingitore	director	C/O TEXAS RARE EARTH RESOURCES CORP., 304 INVERNESS WAY SOUTH, SUITE 365, ENGLEWOOD CO 80112
Sc Fundamental Llc	director	747 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017
Navajo Transitional Energy Company, Llc	10 percent owner	PO BOX 11, FARMINGTON NM 87499
Edward A Collery	other: Member of 10% owner group	C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017
Sc Fundamental Llc Employee Savings & Profit Sharing Plan	10 percent owner	C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017
Peter M Collery	director	C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE 27TH FLOOR, NEW YORK NY 10017
Neil H Koffler	director	C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE 27TH FLOOR, NEW YORK NY 10017