Powerstone Metals (XCNQ:PS) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jul. 2024)

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

XCNQ:PS' 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 2 years, Powerstone Metals's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

XCNQ:PS's Cash-to-Debt is ranked better than
99.96% of 2605 companies
in the Metals & Mining industry
Industry Median: 17.97 vs XCNQ:PS: No Debt

Powerstone Metals Cash-to-Debt Historical Data

The historical data trend for Powerstone 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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Powerstone Metals Cash-to-Debt Chart

Powerstone Metals Annual Data

Trend

Oct22

Oct23

Cash-to-Debt

No Debt

Powerstone Metals Quarterly Data
	Jul22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Powerstone Metals's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Powerstone 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.

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

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

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

Powerstone 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.

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

Powerstone Metals had no debt ⁽¹⁾.

Powerstone Metals's Cash to Debt Ratio for the quarter that ended in Jul. 2024 is calculated as:

Powerstone Metals had no debt ⁽¹⁾.

Powerstone Metals (XCNQ:PS) 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.

Powerstone Metals Cash-to-Debt Related Terms

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Powerstone Metals Business Description

Industry

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

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Traded in Other Exchanges

PWMCF:USA

Address

1040 West Georgia Street, 19th Floor, Suite 1900, Vancouver, BC, CAN, V6E 4H3

Website

https://www.powerstonemetals.com

Powerstone Metals Corp is a mineral exploration company focused on the identification and exploration of high-quality critical metals assets. It is exploring Chilton Cobalt, a prospective cobalt asset located in Quebec, Canada.

Executives