Trilogy Metals (Trilogy Metals) Cash-to-Debt

: No Debt ⁽¹⁾ (As of Feb. 2024)

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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. Trilogy Metals's cash to debt ratio for the quarter that ended in Feb. 2024 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, Trilogy Metals could pay off its debt using the cash in hand for the quarter that ended in Feb. 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 Trilogy Metals's Cash-to-Debt or its related term are showing as below:

TMQ' s Cash-to-Debt Range Over the Past 10 Years
Min: 9.55 Med: No Debt Max: No Debt
Current: 60.36

During the past 13 years, Trilogy Metals's highest Cash to Debt Ratio was No Debt. The lowest was 9.55. And the median was No Debt.

TMQ's Cash-to-Debt is ranked better than
57.19% of 2635 companies
in the Metals & Mining industry
Industry Median: 17.94 vs TMQ: 60.36

Trilogy Metals Cash-to-Debt Historical Data

The historical data trend for Trilogy Metals'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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Trilogy Metals Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Cash-to-Debt

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No Debt

19.66

15.24

11.59

78.49

Trilogy Metals Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															9.56	32.05	37.18	78.49	No Debt

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Trilogy Metals'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.

Trilogy Metals Cash-to-Debt Distribution

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

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

Trilogy Metals 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.

Trilogy Metals's Cash to Debt Ratio for the fiscal year that ended in Nov. 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)
	=	2.59	/	(0.033	+	0)
	=	78.48

Trilogy Metals's Cash to Debt Ratio for the quarter that ended in Feb. 2024 is calculated as:

Trilogy Metals had no debt ⁽¹⁾.

Trilogy Metals (AMEX:TMQ) 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.

Trilogy Metals Cash-to-Debt Related Terms

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Trilogy Metals (Trilogy Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Trilogy Metals Inc (AMEX:TMQ) » Definitions » Cash-to-Debt

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TMQ:Canada

Address

609 Granville Street, Suite 1150, Vancouver, BC, CAN, V7Y 1G5

Website

https://www.trilogymetals.com

Trilogy Metals Inc is an exploration stage company engaged in mineral exploration. The company focuses on exploring and developing its mineral resource properties, which include the Upper Kobuk Mineral Projects (UKMP or UKMP Projects), in the Ambler mining district located in Alaska, the United States. Its properties have the Arctic copper-zinc- lead-gold-silver project and other mineralized targets within a volcanogenic massive sulfide belt, and it also has a bornite carbonate-hosted copper project.

Executives

Elaine Sanders	officer: VP & CFO	C/O TRILOGY METALS, 1950 - 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
Diana J Walters	director	5430 LBJ FREEWAY, SUITE 1800, DALLAS TX 75240
William Beckwith Hayden	director	C/O TRILOGY METALS INC., SUITE 1950, 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
Tony Giardini	director, officer: President and CEO	C/O TRILOGY METALS, 1950 - 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
Hensley William L. Iggiagruk	director	C/O TRILOGY METALS INC., SUITE 1150, 609 GRANVILLE STREET, VANCOUVER A1 V7Y 1G5
James Gowans	director	C/O TRILOGY METALS INC., SUITE 1150, 609 GRANVILLE STREET, VANCOUVER A1 V7Y 1G5
Gregory A. Lang	director	C/O TRILOGY METALS INC., 1950 - 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
Kalidas V Madhavpeddi	other: Former Director	511 ARROYO SQ, SOUTH PASADENA CA 91030
South32 Ltd	10 percent owner	LEVEL 35 108 ST GEORGES TERRACE, PERTH WA C3 6000
Electrum Strategic Opportunities Fund L.p.	10 percent owner, other: Possible Member of 10% Group	C/O THE ELECTRUM GROUP LLC, 700 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10065
Janice Stairs	director	C/O TRILOGY METALS, 1950 - 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
Paulson & Co. Inc.	10 percent owner	1133 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10036
South32 International Investment Holdings Proprietary Ltd	10 percent owner	LEVEL 35, 108 ST GEORGES TERRACE, PERTH C3 WA 6000
Nieuwenhuyse Rick Van	director, officer: President & CEO	C/O TRILOGY METALS, 1950 - 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
Esof Gp Ltd.	10 percent owner, other: Possible Member of 10% Group	C/O THE ELECTRUM GROUP LLC, 700 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10065