Minsud Resources (TSXV:MSR) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2024)

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

TSXV:MSR' 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 13 years, Minsud Resources's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

TSXV:MSR's Cash-to-Debt is ranked better than
99.96% of 2635 companies
in the Metals & Mining industry
Industry Median: 17.94 vs TSXV:MSR: No Debt

Minsud Resources Cash-to-Debt Historical Data

The historical data trend for Minsud 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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Minsud Resources Cash-to-Debt Chart

Minsud Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

Minsud Resources Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

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

For the Other Industrial Metals & Mining subindustry, Minsud 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.

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

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

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

Minsud 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.

Minsud Resources's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Minsud Resources had no debt ⁽¹⁾.

Minsud Resources's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Minsud Resources had no debt ⁽¹⁾.

Minsud Resources (TSXV:MSR) 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.

Minsud Resources Cash-to-Debt Related Terms

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

Minsud Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Minsud Resources Corp (TSXV:MSR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MDSQF:USA

Address

340 Richmond Street West, Toronto, ON, CAN, M5V 1X2

Website

https://www.minsud.com

Minsud Resources Corp is a mineral exploration company. It is engaged in the process of exploring its mineral resource properties located in Argentina. The company has identified two geographical segments, Canada and Argentina.

Executives

Paul Forbes Andersen	Director
Agustin Uriel Dranovsky	Director
Scott Fulton White	Director
Carlos Adamo	10% Security Holder
Compania De Tierras Sud Argentino S.a.	10% Security Holder, Deemed Insider - 6 Months before becoming Insider

Minsud Resources Headlines

No Headlines

Minsud Resources (TSXV:MSR) Cash-to-Debt : No Debt (1) (As of Jun. 2024)