TTSRF (Tartisan Nickel) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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What is Tartisan Nickel 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. Tartisan Nickel's cash to debt ratio for the quarter that ended in Sep. 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, Tartisan Nickel could 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 Tartisan Nickel's Cash-to-Debt or its related term are showing as below:

TTSRF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: No Debt Max: No Debt
Current: 64.33

During the past 13 years, Tartisan Nickel's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was No Debt.

TTSRF's Cash-to-Debt is ranked better than
57.64% of 2606 companies
in the Metals & Mining industry
Industry Median: 17.89 vs TTSRF: 64.33

Tartisan Nickel Cash-to-Debt Historical Data

The historical data trend for Tartisan Nickel'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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Tartisan Nickel Cash-to-Debt Chart

Tartisan Nickel Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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No Debt

199.65

No Debt

650.50

793.00

Tartisan Nickel 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															270.29	No Debt	793.00	No Debt	No Debt

Competitive Comparison of Tartisan Nickel's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Tartisan Nickel'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.

Tartisan Nickel's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Tartisan Nickel 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.

Tartisan Nickel's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	1.586	/	(0.002	+	0)
	=	793.00

Tartisan Nickel's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Tartisan Nickel had no debt ⁽¹⁾.

Tartisan Nickel (OTCPK:TTSRF) 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.

Tartisan Nickel Cash-to-Debt Related Terms

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Tartisan Nickel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tartisan Nickel Corp (OTCPK:TTSRF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

8TA:Germany TN:Canada

Address

44 Victoria Street, Suite 1102, Toronto, ON, CAN, M5C 1Y2

Website

https://www.tartisannickel.com

Tartisan Nickel Corp is a Canadian mineral exploration and development company. It is engaged in the business of acquiring, exploring, and developing mineral properties. Geographically, it operates in Peru and Canada. The company properties include Sill Lake, Kenbridge, Turtle Pond, and Don Pancho.