Scotch Creek Ventures (XCNQ:SCV) Cash-to-Debt : 0.11 (As of Sep. 2024)

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What is Scotch Creek Ventures 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. Scotch Creek Ventures's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.11.

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

XCNQ:SCV' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: No Debt Max: No Debt
Current: 0.11

During the past 7 years, Scotch Creek Ventures's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was No Debt.

XCNQ:SCV's Cash-to-Debt is ranked worse than
88.95% of 2606 companies
in the Metals & Mining industry
Industry Median: 17.89 vs XCNQ:SCV: 0.11

Scotch Creek Ventures Cash-to-Debt Historical Data

The historical data trend for Scotch Creek Ventures'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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Scotch Creek Ventures Cash-to-Debt Chart

Scotch Creek Ventures Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.08

0.29

No Debt

Scotch Creek Ventures Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	0.11

Competitive Comparison of Scotch Creek Ventures's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Scotch Creek Ventures'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.

Scotch Creek Ventures's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Scotch Creek Ventures's Cash-to-Debt falls into.

Scotch Creek Ventures 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.

Scotch Creek Ventures's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Scotch Creek Ventures had no debt ⁽¹⁾.

Scotch Creek Ventures's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	0.019	/	(0.167	+	0)
	=	0.11

Scotch Creek Ventures (XCNQ:SCV) 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.

Scotch Creek Ventures Cash-to-Debt Related Terms

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Scotch Creek Ventures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Scotch Creek Ventures Inc (XCNQ:SCV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SCVFD:USA 7S20:Germany

Address

625 Howe Street, Suite 1140, Vancouver, BC, CAN, V6C 2T6

Website

https://www.scotch-creek.com

Scotch Creek Ventures Inc is a mineral exploration company, focused on the acquisition, exploration, and development of lithium projects located in tier-one North American mining jurisdictions. Its projects include Highlands West Project, Nevada, USA, Macallan East Project, Nevada, USA, and Cupz Project, Nevada, USA. Its segment is mining exploration and development which is carried out in USA and Canada with majority of the revenue from USA.

Executives

David K. Ryan	10% Security Holder, Director, Senior Officer
Robert David Marvin	Director
Bernhard Joseph Hoing	Director
Donald Archibald	Director
Logan Bruce Anderson	10% Security Holder, Director, Senior Officer

Scotch Creek Ventures Headlines

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