Crestview Exploration (XCNQ:CRS) Cash-to-Debt : 0.32 (As of Feb. 2024)

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What is Crestview Exploration 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. Crestview Exploration's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.32.

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

XCNQ:CRS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: No Debt Max: No Debt
Current: No Debt

During the past 6 years, Crestview Exploration's highest Cash to Debt Ratio was No Debt. The lowest was 0.08. And the median was No Debt.

XCNQ:CRS's Cash-to-Debt is ranked better than
99.92% of 2646 companies
in the Metals & Mining industry
Industry Median: 18.395 vs XCNQ:CRS: No Debt

Crestview Exploration Cash-to-Debt Historical Data

The historical data trend for Crestview Exploration'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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Crestview Exploration Cash-to-Debt Chart

Crestview Exploration Annual Data

Trend

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Cash-to-Debt

Get a 7-Day Free Trial

2.50

0.08

No Debt

Crestview Exploration Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	0.32

Competitive Comparison of Crestview Exploration's Cash-to-Debt

For the Gold subindustry, Crestview Exploration'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.

Crestview Exploration's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Crestview Exploration 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.

Crestview Exploration's Cash to Debt Ratio for the fiscal year that ended in Nov. 2023 is calculated as:

Crestview Exploration had no debt ⁽¹⁾.

Crestview Exploration's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	0.008	/	(0.025	+	0)
	=	0.32

Crestview Exploration (XCNQ:CRS) 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.

Crestview Exploration Cash-to-Debt Related Terms

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Crestview Exploration (XCNQ:CRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Crestview Exploration Inc (XCNQ:CRS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CE7:Germany

Address

330 5th Avenue SW, Calgary, AB, CAN, T2P 0L3

Website

http://www.crestviewexploration.com

Crestview Exploration Inc is a technology-driven, well-funded and experienced exploration company focused on finding gold and silver deposits in mining-friendly jurisdictions. The Rock Creek, Divide, and Castile Mountain properties are situated in the Tuscarora Mountains of northern Elko County, Nevada. It has one operating segment, the sector of exploration and evaluation of mineral resources. The company's Tuscarora properties combined comprise a total of 101 unpatented lode mining claims, with 74 claims at Rock Creek, 19 claims at Divide, and 8 claims at Castile Mountain.

Executives

Christopher James Wensley

Director