Discovery Silver (FRA:1CU0) Cash-to-Debt : 143.88 (As of Dec. 2023)

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What is Discovery Silver 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. Discovery Silver's cash to debt ratio for the quarter that ended in Dec. 2023 was 143.88.

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, Discovery Silver could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Discovery Silver's Cash-to-Debt or its related term are showing as below:

FRA:1CU0' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 941.85 Max: No Debt
Current: 143.92

During the past 13 years, Discovery Silver's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 941.85.

FRA:1CU0's Cash-to-Debt is ranked better than
61.15% of 2636 companies
in the Metals & Mining industry
Industry Median: 17.875 vs FRA:1CU0: 143.92

Discovery Silver Cash-to-Debt Historical Data

The historical data trend for Discovery Silver'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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Discovery Silver Cash-to-Debt Chart

Discovery Silver Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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180.22

949.80

1,750.50

85.03

143.88

Discovery Silver Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															85.03	71.13	135.03	124.29	143.88

Competitive Comparison of Discovery Silver's Cash-to-Debt

For the Silver subindustry, Discovery Silver'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.

Discovery Silver's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Discovery Silver 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.

Discovery Silver'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)
	=	40.429	/	(0.077	+	0.204)
	=	143.88

Discovery Silver's Cash to Debt Ratio for the quarter 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)
	=	40.429	/	(0.077	+	0.204)
	=	143.88

Discovery Silver (FRA:1CU0) 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.

Discovery Silver Cash-to-Debt Related Terms

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

Discovery Silver (FRA:1CU0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Discovery Silver Corp (FRA:1CU0) » Definitions » Cash-to-Debt

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DSVSF:USA DSV:Canada

Address

55 University Avenue, Suite 701, Toronto, ON, CAN, M5J 2H7

Website

https://www.discoverysilver.com

Discovery Silver Corp is an exploration and development company building a large-scale, high-margin silver asset in Mexico. Its flagship project is the Cordero project, one of the few silver projects globally that offer margin, size, and scalability. The project is located in a prolific mining belt in Chihuahua State, Mexico. It has one segment, which is involved in the exploration and development of polymetallic mineral deposits.

Discovery Silver (FRA:1CU0) Headlines

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