Silver Hammer Mining (XCNQ:HAMR) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Silver Hammer Mining 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. Silver Hammer Mining's cash to debt ratio for the quarter that ended in Dec. 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, Silver Hammer Mining could pay off its debt using the cash in hand for the quarter that ended in Dec. 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 Silver Hammer Mining's Cash-to-Debt or its related term are showing as below:

XCNQ:HAMR' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.73 Med: No Debt Max: No Debt
Current: No Debt

During the past 4 years, Silver Hammer Mining's highest Cash to Debt Ratio was No Debt. The lowest was 2.73. And the median was No Debt.

XCNQ:HAMR's Cash-to-Debt is ranked better than
99.92% of 2642 companies
in the Metals & Mining industry
Industry Median: 18.42 vs XCNQ:HAMR: No Debt

Silver Hammer Mining Cash-to-Debt Historical Data

The historical data trend for Silver Hammer Mining'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.

Silver Hammer Mining Cash-to-Debt Chart

Silver Hammer Mining Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

No Debt

Silver Hammer Mining Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial										No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Silver Hammer Mining's Cash-to-Debt

For the Silver subindustry, Silver Hammer Mining'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.

Silver Hammer Mining's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Silver Hammer Mining's Cash-to-Debt falls into.

Silver Hammer Mining 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.

Silver Hammer Mining's Cash to Debt Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Silver Hammer Mining had no debt ⁽¹⁾.

Silver Hammer Mining's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Silver Hammer Mining had no debt ⁽¹⁾.

Silver Hammer Mining (XCNQ:HAMR) 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.

Silver Hammer Mining Cash-to-Debt Related Terms

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

Silver Hammer Mining (XCNQ:HAMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver Hammer Mining Corp (XCNQ:HAMR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

HAMRF:USA

Address

595 Howe Street, Suite 206, Vancouver, BC, CAN, V6C 2T5

Website

https://www.silverhammermining.com

Silver Hammer Mining Corp is engaged in the business of exploration of mineral properties in Canada. Its principal property is the Lacy Property. Its projects include the Silver Strand project, the Eliza silver project, the Silverton silver mine project, and the Lacy project.

Silver Hammer Mining (XCNQ:HAMR) Headlines

No Headlines

Silver Hammer Mining (XCNQ:HAMR) Cash-to-Debt : No Debt (1) (As of Dec. 2023)