Highlander Silver (XCNQ:LIDO) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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

XCNQ:LIDO' 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 6 years, Highlander Silver's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

XCNQ:LIDO's Cash-to-Debt is ranked better than
99.96% of 2653 companies
in the Metals & Mining industry
Industry Median: 17.62 vs XCNQ:LIDO: No Debt

Highlander Silver Cash-to-Debt Historical Data

The historical data trend for Highlander Silver'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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Highlander Silver Cash-to-Debt Chart

Highlander Silver Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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No Debt

Highlander Silver Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Highlander Silver's Cash-to-Debt

For the Silver subindustry, Highlander Silver'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.

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

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

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

Highlander Silver 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.

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

Highlander Silver had no debt ⁽¹⁾.

Highlander Silver's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Highlander Silver had no debt ⁽¹⁾.

Highlander Silver (XCNQ:LIDO) 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.

Highlander Silver Cash-to-Debt Related Terms

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

Highlander Silver (XCNQ:LIDO) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

9LM:Germany

Address

130 Brew Street, Suite 605, Port Moody, BC, CAN, V3H 0E3

Website

https://highlandersilver.com

Highlander Silver Corp is engaged in the acquisition, exploration, and evaluation of mineral properties located in Peru. The Company's main corporate strategy is to advance its mineral properties to a drill-ready stage and then conduct exploration and evaluation. The company's projects include Alta victoria and Politunche.

Highlander Silver (XCNQ:LIDO) Headlines

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Highlander Silver (XCNQ:LIDO) Cash-to-Debt : No Debt (1) (As of Mar. 2024)