Blackbird Critical Metals (XCNQ:BBRD) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jul. 2023)

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What is Blackbird Critical Metals 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. Blackbird Critical Metals's cash to debt ratio for the quarter that ended in Jul. 2023 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, Blackbird Critical Metals could pay off its debt using the cash in hand for the quarter that ended in Jul. 2023.

(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 Blackbird Critical Metals's Cash-to-Debt or its related term are showing as below:

XCNQ:BBRD' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 3 years, Blackbird Critical Metals's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

XCNQ:BBRD's Cash-to-Debt is ranked better than
99.96% of 2650 companies
in the Metals & Mining industry
Industry Median: 17.645 vs XCNQ:BBRD: No Debt

Blackbird Critical Metals Cash-to-Debt Historical Data

The historical data trend for Blackbird Critical Metals'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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Blackbird Critical Metals Cash-to-Debt Chart

Blackbird Critical Metals Annual Data

Trend

Jan21

Jan22

Jan23

Cash-to-Debt

No Debt

Blackbird Critical Metals Quarterly Data
	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23
Cash-to-Debt	Get a 7-Day Free Trial						No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Blackbird Critical Metals's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Blackbird Critical Metals'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.

Blackbird Critical Metals's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Blackbird Critical Metals's Cash-to-Debt falls into.

Blackbird Critical Metals 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.

Blackbird Critical Metals's Cash to Debt Ratio for the fiscal year that ended in Jan. 2023 is calculated as:

Blackbird Critical Metals had no debt ⁽¹⁾.

Blackbird Critical Metals's Cash to Debt Ratio for the quarter that ended in Jul. 2023 is calculated as:

Blackbird Critical Metals had no debt ⁽¹⁾.

Blackbird Critical Metals (XCNQ:BBRD) 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.

Blackbird Critical Metals Cash-to-Debt Related Terms

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

Blackbird Critical Metals (XCNQ:BBRD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Blackbird Critical Metals Corp (XCNQ:BBRD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GMMAF:USA N79:Germany

Address

1177 West Hastings Street, Suite 2133, Vancouver, BC, CAN, V6E 2K3

Website

https://www.gamaexplorations.com

Gama Explorations Inc is a mineral exploration company engaged in the identification, acquisition, evaluation, and exploration of mineral properties. It currently has the right to acquire an interest in the property known as the Big Onion Project located in the town of Smithers in northern British Columbia. The company's projects include The muskox lithium project, the tyee nickel-copper project, and the Big onion porphyry copper project.

Blackbird Critical Metals (XCNQ:BBRD) Headlines

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Blackbird Critical Metals (XCNQ:BBRD) Cash-to-Debt : No Debt (1) (As of Jul. 2023)