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

Phenom Resources (TSXV:PHNM) Cash-to-Debt : No Debt (1) (As of Aug. 2024)


View and export this data going back to 2007. Start your Free Trial

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

TSXV:PHNM' s Cash-to-Debt Range Over the Past 10 Years
Min: 13.54   Med: No Debt   Max: No Debt
Current: No Debt

During the past 13 years, Phenom Resources's highest Cash to Debt Ratio was No Debt. The lowest was 13.54. And the median was No Debt.

TSXV:PHNM's Cash-to-Debt is ranked better than
99.96% of 2606 companies
in the Metals & Mining industry
Industry Median: 17.89 vs TSXV:PHNM: No Debt

Phenom Resources Cash-to-Debt Historical Data

The historical data trend for Phenom 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.

Phenom Resources Cash-to-Debt Chart

Phenom Resources Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt 281.50 No Debt No Debt No Debt

Phenom Resources Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 No Debt No Debt No Debt No Debt No Debt

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

For the Gold subindustry, Phenom 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.


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

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

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



Phenom 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.

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

Phenom Resources had no debt (1).

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

Phenom Resources 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.


Phenom Resources  (TSXV:PHNM) 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.


Phenom Resources Cash-to-Debt Related Terms

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


Phenom Resources Business Description

Traded in Other Exchanges
Address
1100 - 1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5
Phenom Resources Corp is engaged in the exploration of gold, copper, and vanadium projects. It has a single industry segment, being the acquisition, exploration, and development of mineral properties. Its exploration assets include the Carlin Gold-Vanadium property, Smoke property, South Carlin Section 22, Dobbin Gold project, and Crescent Valley property among others.
Executives
Paul Cowley Director
Kenneth Michael Mracek Director

Phenom Resources Headlines

No Headlines