Western Metallica Resources (TSXV:WMS) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2022)

View and export this data going back to 2022. Start your Free Trial

What is Western Metallica 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. Western Metallica Resources's cash to debt ratio for the quarter that ended in Mar. 2022 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, Western Metallica Resources could pay off its debt using the cash in hand for the quarter that ended in Mar. 2022.

(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 Western Metallica Resources's Cash-to-Debt or its related term are showing as below:

TSXV:WMS's Cash-to-Debt is not ranked ^*
in the Metals & Mining industry.
Industry Median: 17.59
* Ranked among companies with meaningful Cash-to-Debt only.

Western Metallica Resources Cash-to-Debt Historical Data

The historical data trend for Western Metallica 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.

Western Metallica Resources Cash-to-Debt Chart

Western Metallica Resources Annual Data

Trend

Dec19

Dec20

Dec21

Cash-to-Debt

No Debt

Western Metallica Resources Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Sep21	Dec21	Mar22
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	N/A	No Debt	No Debt	No Debt

Competitive Comparison of Western Metallica Resources's Cash-to-Debt

For the Gold subindustry, Western Metallica 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.

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

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

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

Western Metallica 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.

Western Metallica Resources's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Western Metallica Resources had no debt ⁽¹⁾.

Western Metallica Resources's Cash to Debt Ratio for the quarter that ended in Mar. 2022 is calculated as:

Western Metallica Resources had no debt ⁽¹⁾.

Western Metallica Resources (TSXV:WMS) 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.

Western Metallica Resources Cash-to-Debt Related Terms

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

Western Metallica Resources (TSXV:WMS) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

93 Ridley Boulevard, Toronto, ON, CAN, M5M 3L6

Website

https://www.westernmetallicacorp.com

Western Metallica Resources Corp is engaged in the acquisition, exploration, and development of mineral properties in Spain. The company's projects include Penedela, Valledor and Sierra Alta, and Nueva Celti.

Executives

Peter Marcel Imhof

Director, Senior Officer