Huntsman Exploration (TSXV:HMAN) Cash-to-Debt : No Debt ⁽¹⁾ (As of Feb. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Huntsman Exploration 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. Huntsman Exploration'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, Huntsman Exploration 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 Huntsman Exploration's Cash-to-Debt or its related term are showing as below:

TSXV:HMAN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: No Debt Max: No Debt
Current: 0.88

During the past 12 years, Huntsman Exploration's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was No Debt.

TSXV:HMAN's Cash-to-Debt is ranked worse than
69.73% of 2643 companies
in the Metals & Mining industry
Industry Median: 18.42 vs TSXV:HMAN: 0.88

Huntsman Exploration Cash-to-Debt Historical Data

The historical data trend for Huntsman Exploration'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.

Huntsman Exploration Cash-to-Debt Chart

Huntsman Exploration Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

Get a 7-Day Free Trial

0.15

0.16

No Debt

4.41

Huntsman Exploration Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	4.41	No Debt	No Debt

Competitive Comparison of Huntsman Exploration's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Huntsman Exploration'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.

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

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

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

Huntsman Exploration 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.

Huntsman Exploration's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	0.185	/	(0.042	+	0)
	=	4.40

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

Huntsman Exploration had no debt ⁽¹⁾.

Huntsman Exploration (TSXV:HMAN) 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.

Huntsman Exploration Cash-to-Debt Related Terms

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

Huntsman Exploration (TSXV:HMAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Huntsman Exploration Inc (TSXV:HMAN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BBBMF:USA GP8:Germany

Address

200 Burrard Street, Suite 1680, Vancouver, BC, CAN, V6C 3L6

Website

https://www.huntsmanx.com

Huntsman Exploration Inc is focused on the exploration and development of strategic battery metals projects, namely gold, copper, cobalt, nickel, and vanadium. The principal business of the Company is the acquisition, exploration and evaluation of mineral properties. Also, the company owns an intermediate-stage gold exploration project in Nevada and Western Australia. The project portfolio includes Canegrass Property, Ashburton Project, Flint project and Baxter Spring Project.

Huntsman Exploration (TSXV:HMAN) Headlines

No Headlines

Huntsman Exploration (TSXV:HMAN) Cash-to-Debt : No Debt (1) (As of Feb. 2024)