Tarku Resources (Tarku Resources) Cash-to-Debt : 2.34 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Tarku 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. Tarku Resources's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.34.

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, Tarku Resources could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

TRKUF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: No Debt Max: No Debt
Current: 2.35

During the past 13 years, Tarku Resources's highest Cash to Debt Ratio was No Debt. The lowest was 0.10. And the median was No Debt.

TRKUF's Cash-to-Debt is ranked worse than
62.21% of 2641 companies
in the Metals & Mining industry
Industry Median: 18.37 vs TRKUF: 2.35

Tarku Resources Cash-to-Debt Historical Data

The historical data trend for Tarku 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.

* Premium members only.

Tarku Resources Cash-to-Debt Chart

Tarku Resources Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

1.21

1.37

0.28

Tarku Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.34	0.36	1.83	0.28	2.34

Competitive Comparison of Tarku Resources's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Tarku 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.

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

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

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

Tarku 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.

Tarku Resources's Cash to Debt Ratio for the fiscal year that ended in Sep. 2023 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)
	=	0.03	/	(0	+	0.108)
	=	0.28

Tarku Resources's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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)
	=	0.262	/	(0	+	0.112)
	=	2.34

Tarku Resources (OTCPK:TRKUF) 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.

Tarku Resources Cash-to-Debt Related Terms

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

Tarku Resources (Tarku Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tarku Resources Ltd (OTCPK:TRKUF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

7TK:Germany TKU:Canada

Address

4th Avenue Street, Suite 602 - 224, Saskatoon, SK, CAN, S7K 5M5

Website

https://www.tarkuresources.com

Tarku Resources Ltd is a mineral exploration company. It is engaged in the acquisition, exploration, and development of precious and base metals in the mineral-rich Canadian landscape. It explores uranium, gold, silver, copper, zinc, and diamonds. It holds an interest in the Apollo gold project, Max Lithium Project, Admiral gold project, Atlas gold project in Quebec, and silver strike project in Arizona. The company operates in two geographical segments Arizona and Quebec, out of which it makes majority of revenue from Arizona.