What is Zoro Mining 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. Zoro Mining's cash to debt ratio for the quarter that ended in Apr. 2012 was 0.04.
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, Zoro Mining couldn't pay off its debt using the cash in hand for the quarter that ended in Apr. 2012.
The historical rank and industry rank for Zoro Mining's Cash-to-Debt or its related term are showing as below:
Zoro Mining Cash-to-Debt Historical Data
The historical data trend for Zoro Mining'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.
Zoro Mining Cash-to-Debt Chart
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Zoro Mining Annual Data
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Trend |
Apr04 |
Apr05 |
Apr06 |
Apr07 |
Apr08 |
Apr09 |
Apr10 |
Apr11 |
Apr12 |
| Cash-to-Debt |
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No Debt |
0.01 |
0.06 |
0.36 |
0.04 |
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Zoro Mining Semi-Annual Data
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Apr04 |
Apr05 |
Apr06 |
Apr07 |
Apr08 |
Apr09 |
Apr10 |
Apr11 |
Apr12 |
| Cash-to-Debt |
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|
No Debt |
0.01 |
0.06 |
0.36 |
0.04 |
Competitive Comparison of Zoro Mining's Cash-to-Debt
For the Other Industrial Metals & Mining subindustry, Zoro Mining'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.
Zoro Mining's Cash-to-Debt Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Zoro Mining's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Zoro Mining's Cash-to-Debt falls into.
Zoro Mining 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.
Zoro Mining's Cash to Debt Ratio for the fiscal year that ended in Apr. 2012 is calculated as:
Zoro Mining's Cash to Debt Ratio for the quarter that ended in Apr. 2012 is calculated as:
* 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.
Zoro Mining (Zoro Mining) Business Description
Traded in Other Exchanges
N/A
Address
Zoro Mining Corp was incorporated under the laws of the State of Nevada on April 20, 2004 under the name 'Rockdale Mining Corp'. Effective March 19, 2007, it merged with a wholly-owned subsidiary, Zoro Mining Corp., pursuant to Articles of merger filed with the Nevada Secretary of State. The merger was in the form of a parent/subsidiary merger with Rochdale Mining Corp. as the surviving corporation. Upon completion of the merger, its corporate name was changed to 'Zoro Mining Corp.' and its Articles of Incorporation were amended to reflect this name change. It is a natural resource exploration company currently engaged in the exploration, acquisition and development of property located in South America and Mexico. It plans to conduct exploration programs on its properties with the objective of ascertaining whether any of its properties contain economic concentrations of minerals that are prospective for mining. The Company currently has interests in an aggregate of approximately 27,294 net acres located in Chile, approximately 4,940 net acres in Peru, and a further 6,822 gross acres located in Mexico, targeting gold, copper and platinum. It operates in a highly competitive industry, competing with other mining and exploration mineral companies, and institutional and individual investors, which are actively seeking metal and mineral based exploration properties throughout the world together with the equipment, labor and materials required to exploit such properties. The Company's mineral exploration activities are, or would be, subject to extensive foreign laws and regulations governing prospecting, development, production, exports, taxes, labor standards, occupational health, waste disposal, protection and remediation of the environment, protection of endangered and protected species, mine safety, toxic substances and other matters.
Executives
| Andrew A Brodkey |
other: No longer Section 16 |
4960 N. CAMINO ANTONIO, TUSCON AZ 85718 |
| David Hackman |
director, officer: VP of Exploration |
3040 NORTH CAMPBELL AVE., SUITE 110, TUCSON AZ 85719 |
| Frank Garcia |
officer: Chief Financial Officer |
3040 N. CAMPBELL AVE. SUITE #110, TUCSON AZ 85719 |
| Jodi Henderson |
officer: Corporate Secretary |
7033 EAST CALLE BETELGEUX, TUCSON AZ 85710 |
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