A I S Resources (A I S Resources) Cash-to-Debt : 0.22 (As of Sep. 2023)

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What is A I S Resources 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. A I S Resources's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.22.

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, A I S Resources couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for A I S Resources's Cash-to-Debt or its related term are showing as below:

AISSF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 1.34 Max: No Debt
Current: 0.22

During the past 13 years, A I S Resources's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 1.34.

AISSF's Cash-to-Debt is ranked worse than
84.28% of 2634 companies
in the Metals & Mining industry
Industry Median: 17.92 vs AISSF: 0.22

A I S Resources Cash-to-Debt Historical Data

The historical data trend for A I S Resources'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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A I S Resources Cash-to-Debt Chart

A I S Resources Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.16

1.25

1.34

1.11

A I S Resources Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.98	1.11	0.24	0.02	0.22

Competitive Comparison of A I S Resources's Cash-to-Debt

For the Gold subindustry, A I S Resources'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.

A I S Resources's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where A I S Resources's Cash-to-Debt falls into.

A I S Resources 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.

A I S Resources's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	0.373	/	(0.336	+	0)
	=	1.11

A I S Resources's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	0.09	/	(0.406	+	0)
	=	0.22

A I S Resources (OTCPK:AISSF) 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.

A I S Resources Cash-to-Debt Related Terms

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A I S Resources (A I S Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » A I S Resources Ltd (OTCPK:AISSF) » Definitions » Cash-to-Debt

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AIS:Canada

Address

789 West Pender Street, Suite 1120, Vancouver, BC, CAN, V6C 1H2

Website

https://www.aisresources.com

A I S Resources Ltd is an exploration company. It has focused on the evaluation of mineral properties. It acquires prospective exploration projects and enhances their value by defining the mineral resource with a view to attracting joint venture partners and enhancing the value of its portfolio. The company is developing prospective lithium projects in Argentina, and gold projects located in prolific Australian gold mining regions.