Sociedad Punta del Cobre (XSGO:PUCOBRE) Cash-to-Debt : 0.06 (As of Mar. 2024)

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What is Sociedad Punta del Cobre 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. Sociedad Punta del Cobre's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.06.

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, Sociedad Punta del Cobre couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Sociedad Punta del Cobre's Cash-to-Debt or its related term are showing as below:

XSGO:PUCOBRE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.59 Max: No Debt
Current: 0.06

During the past 13 years, Sociedad Punta del Cobre's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 0.59.

XSGO:PUCOBRE's Cash-to-Debt is ranked worse than
92.53% of 2637 companies
in the Metals & Mining industry
Industry Median: 18.42 vs XSGO:PUCOBRE: 0.06

Sociedad Punta del Cobre Cash-to-Debt Historical Data

The historical data trend for Sociedad Punta del Cobre'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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Sociedad Punta del Cobre Cash-to-Debt Chart

Sociedad Punta del Cobre Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.32

1.02

1.79

1.65

0.12

Sociedad Punta del Cobre 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															1.51	0.32	0.02	0.12	0.06

Competitive Comparison of Sociedad Punta del Cobre's Cash-to-Debt

For the Copper subindustry, Sociedad Punta del Cobre'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.

Sociedad Punta del Cobre's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Sociedad Punta del Cobre's Cash-to-Debt falls into.

Sociedad Punta del Cobre 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.

Sociedad Punta del Cobre's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 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)
	=	6500.859	/	(44533.544	+	9190.417)
	=	0.12

Sociedad Punta del Cobre's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	3927.402	/	(60186.41	+	8405.635)
	=	0.06

Sociedad Punta del Cobre (XSGO:PUCOBRE) 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.

Sociedad Punta del Cobre Cash-to-Debt Related Terms

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

Sociedad Punta del Cobre (XSGO:PUCOBRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sociedad Punta del Cobre SA (XSGO:PUCOBRE) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Rancagua 200, Copiapo, CHL

Website

http://www.pucobre.cl

Sociedad Punta del Cobre SA a Chilean mining company. It is specialized in the exploitation of medium-sized copper deposits. The company's operations are located mainly in the Atacama Region. The firm is engaged in developing two projects for the exploitation of copper, El Espino, and Tovaku, located in Coquimbo Region and the Antofagasta Region, respectively.

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