SOPerior Fertilizer (TSXV:SOP.H) Cash-to-Debt : 0.00 (As of Jun. 2024)

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What is SOPerior Fertilizer 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. SOPerior Fertilizer's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.00.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, SOPerior Fertilizer couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

During the past 13 years, SOPerior Fertilizer's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.12.

TSXV:SOP.H's Cash-to-Debt is not ranked ^*
in the Metals & Mining industry.
Industry Median: 17.89
* Ranked among companies with meaningful Cash-to-Debt only.

SOPerior Fertilizer Cash-to-Debt Historical Data

The historical data trend for SOPerior Fertilizer'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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SOPerior Fertilizer Cash-to-Debt Chart

SOPerior Fertilizer Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.01

0.11

0.10

0.05

0.02

SOPerior Fertilizer 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															0.05	0.03	0.02	0.02	-

Competitive Comparison of SOPerior Fertilizer's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, SOPerior Fertilizer'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.

SOPerior Fertilizer's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

SOPerior Fertilizer 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.

SOPerior Fertilizer's Cash to Debt Ratio for the fiscal year 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)
	=	0.065	/	(3.116	+	0)
	=	0.02

SOPerior Fertilizer's Cash to Debt Ratio for the quarter that ended in Jun. 2024 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)
	=	0.012	/	(3.43	+	0)
	=	0.00

SOPerior Fertilizer (TSXV:SOP.H) 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.

SOPerior Fertilizer Cash-to-Debt Related Terms

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

SOPerior Fertilizer Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » SOPerior Fertilizer Corp (TSXV:SOP.H) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

POTRF:USA

Address

5213 Durie Road, Suite 401, Mississauga, ON, CAN, L5M 2C6

Website

https://www.soperiorfertilizer.com

SOPerior Fertilizer Corp is an exploration and development-stage company. The company's principal activity is to develop projects focused on the production of sulfate of potash (SOP). Its principal mineral project is the Blawn Mountain project and its manufacturing project is the Valleyfield Fertilizer project. The Blawn Mountain Project is focused on the exploration, development and production of mineral resources for alunite in order to produce SOP, co-product sulphuric acid and alumina. The Corporation manages its business under a single operating segment, consisting of exploration and evaluation activities.

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