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Tartisan Nickel (XCNQ:TN) Cash-to-Debt : No Debt (1) (As of Dec. 2023)


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What is Tartisan Nickel 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. Tartisan Nickel'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, Tartisan Nickel 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 Tartisan Nickel's Cash-to-Debt or its related term are showing as below:

XCNQ:TN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01   Med: 5142.22   Max: No Debt
Current: 280.33

During the past 13 years, Tartisan Nickel's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 5142.22.

XCNQ:TN's Cash-to-Debt is ranked better than
63.54% of 2652 companies
in the Metals & Mining industry
Industry Median: 17.895 vs XCNQ:TN: 280.33

Tartisan Nickel Cash-to-Debt Historical Data

The historical data trend for Tartisan Nickel'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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Tartisan Nickel Cash-to-Debt Chart

Tartisan Nickel Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt - No Debt 198.65 No Debt

Tartisan Nickel Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Sep23 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.86 No Debt No Debt 284.44 No Debt

Competitive Comparison of Tartisan Nickel's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Tartisan Nickel'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.


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

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

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



Tartisan Nickel 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.

Tartisan Nickel's Cash to Debt Ratio for the fiscal year that ended in Mar. 2022 is calculated as:

Tartisan Nickel had no debt (1).

Tartisan Nickel's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Tartisan Nickel had no debt (1).

* 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.


Tartisan Nickel  (XCNQ:TN) 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.


Tartisan Nickel Cash-to-Debt Related Terms

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Tartisan Nickel (XCNQ:TN) Business Description

Traded in Other Exchanges
Address
44 Victoria Street, Suite 1102, Toronto, ON, CAN, M5C 1Y2
Tartisan Nickel Corp is a Canadian mineral exploration and development company. It is engaged in the business of acquiring, exploring, and developing mineral properties. Geographically, it operates in Peru and Canada. The company properties include Sill Lake, Kenbridge, Turtle Pond, and Don Pancho.
Executives
D. Mark Appleby Director, Senior Officer

Tartisan Nickel (XCNQ:TN) Headlines

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