Tearlach Resources (TSXV:TEA) Cash-to-Debt : 0.02 (As of Jun. 2024)

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What is Tearlach 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. Tearlach Resources's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.02.

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, Tearlach Resources couldn't 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 Tearlach Resources's Cash-to-Debt or its related term are showing as below:

TSXV:TEA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: No Debt
Current: 0.02

During the past 13 years, Tearlach Resources's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.02.

TSXV:TEA's Cash-to-Debt is ranked worse than
96.2% of 2606 companies
in the Metals & Mining industry
Industry Median: 17.89 vs TSXV:TEA: 0.02

Tearlach Resources Cash-to-Debt Historical Data

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

Tearlach Resources Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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0.01

0.49

0.11

No Debt

Tearlach 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															N/A	No Debt	No Debt	No Debt	0.02

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

For the Other Industrial Metals & Mining subindustry, Tearlach 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.

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

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

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

Tearlach 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.

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

Tearlach Resources had no debt ⁽¹⁾.

Tearlach Resources'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)
	=	0.002	/	(0.091	+	0)
	=	0.02

Tearlach Resources (TSXV:TEA) 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.

Tearlach Resources Cash-to-Debt Related Terms

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

Tearlach Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tearlach Resources Ltd (TSXV:TEA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TELHF:USA V44:Germany

Address

789 West Pender Street, Suite 1120, Vancouver, BC, CAN, V6C 1H2

Website

https://www.tearlach.ca

Tearlach Resources Ltd is a British Columbia, Canada incorporated company engaged in the acquisition, exploration, and development of lithium projects in the Americas. Its projects include The Pakwan and Margot lithium project, Harth Lithium Project , Wesley Lithium Project, Savant East Project, Ferland Project, the Gabriel project, Georgina Stairs Properties, The Shelby project, Fliszar, Rose North and Muscovite Lithium Properties and Rhyolite Peak .

Executives

David Charles Flint	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Lindsay Richard Bottomer	Director
Raymond Strafehl	Director

Tearlach Resources Headlines

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