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Northwest Copper (TSXV:NWST) Cash-to-Debt : No Debt (1) (As of Dec. 2023)


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What is Northwest Copper 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. Northwest Copper's cash to debt ratio for the quarter that ended in Dec. 2023 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, Northwest Copper could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(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 Northwest Copper's Cash-to-Debt or its related term are showing as below:

TSXV:NWST' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.84   Med: 20.26   Max: No Debt
Current: 13.9

During the past 13 years, Northwest Copper's highest Cash to Debt Ratio was No Debt. The lowest was 0.84. And the median was 20.26.

TSXV:NWST's Cash-to-Debt is ranked worse than
52.04% of 2642 companies
in the Metals & Mining industry
Industry Median: 18.42 vs TSXV:NWST: 13.90

Northwest Copper Cash-to-Debt Historical Data

The historical data trend for Northwest Copper'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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Northwest Copper Cash-to-Debt Chart

Northwest Copper Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt 33.39 0.95 5.44 No Debt

Northwest Copper Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.53 5.44 47.86 No Debt No Debt

Competitive Comparison of Northwest Copper's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Northwest Copper'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.


Northwest Copper's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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



Northwest Copper 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.

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

Northwest Copper had no debt (1).

Northwest Copper's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Northwest Copper had no debt (1).

* 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.


Northwest Copper  (TSXV:NWST) 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.


Northwest Copper Cash-to-Debt Related Terms

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


Northwest Copper (TSXV:NWST) Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 1900, Vancouver, BC, CAN, V6E 2E9
Northwest Copper Corp is a mineral exploration company. It explores copper gold with an exciting pipeline of projects in British Columbia. The company's project includes Kwanika/Stardust; Lorraine and Top Cat properties and East Niv. It has a single operating segment which is the mineral exploration business in Canada.
Executives
Tyler Eric Gurney Caswell Senior Officer

Northwest Copper (TSXV:NWST) Headlines

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