TVI Pacific (TSXV:TVI) Cash-to-Debt : 0.11 (As of Sep. 2024)

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What is TVI Pacific 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. TVI Pacific's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.11.

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, TVI Pacific couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 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 TVI Pacific's Cash-to-Debt or its related term are showing as below:

TSXV:TVI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: No Debt Max: No Debt
Current: 0.11

During the past 13 years, TVI Pacific's highest Cash to Debt Ratio was No Debt. The lowest was 0.11. And the median was No Debt.

TSXV:TVI's Cash-to-Debt is ranked worse than
89.02% of 2605 companies
in the Metals & Mining industry
Industry Median: 17.81 vs TSXV:TVI: 0.11

TVI Pacific Cash-to-Debt Historical Data

The historical data trend for TVI Pacific'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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TVI Pacific Cash-to-Debt Chart

TVI Pacific Annual Data

Trend

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Dec20

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Dec23

Cash-to-Debt

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No Debt

TVI Pacific Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	0.26	0.11

Competitive Comparison of TVI Pacific's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, TVI Pacific'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.

TVI Pacific's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

TVI Pacific 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.

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

TVI Pacific had no debt ⁽¹⁾.

TVI Pacific's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	0.127	/	(0	+	1.181)
	=	0.11

TVI Pacific (TSXV:TVI) 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.

TVI Pacific Cash-to-Debt Related Terms

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

TVI Pacific Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » TVI Pacific Inc (TSXV:TVI) » Definitions » Cash-to-Debt

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TVIPF:USA

Address

505 - 2nd Street SW, Suite 600, Calgary, AB, CAN, T2P 1N8

Website

https://www.tvipacific.com

TVI Pacific Inc is focused on the acquisition of resource projects in the Asia Pacific. Through its investment in TVIRD (Philippines), it has an interest in the operating mines Balabag (gold/silver) and Agata (nickel laterite), Siana (gold, preparing to restart) and the Mabilo project (copper, through Mt.Labo Exploration Development Corporation). The company is the owner and operator of the former operating mine, Canatuan (copper).

TVI Pacific Headlines

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