Tahoe Resources (Tahoe Resources) Cash-to-Debt : 0.47 (As of Sep. 2018)

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What is Tahoe 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. Tahoe Resources's cash to debt ratio for the quarter that ended in Sep. 2018 was 0.47.

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, Tahoe Resources couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2018.

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

TAHO's Cash-to-Debt is not ranked ^*
in the Metals & Mining industry.
Industry Median: 17.77
* Ranked among companies with meaningful Cash-to-Debt only.

Tahoe Resources Cash-to-Debt Historical Data

The historical data trend for Tahoe 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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Tahoe Resources Cash-to-Debt Chart

Tahoe Resources Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Cash-to-Debt

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0.18

1.61

2.22

3.21

2.94

Tahoe Resources Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Cash-to-Debt	Get a 7-Day Free Trial															4.06	2.94	9.55	0.89	0.47

Competitive Comparison of Tahoe Resources's Cash-to-Debt

For the Gold subindustry, Tahoe 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.

Tahoe Resources's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Tahoe 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.

Tahoe Resources's Cash to Debt Ratio for the fiscal year that ended in Dec. 2017 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)
	=	125.665	/	(41.146	+	1.608)
	=	2.94

Tahoe Resources's Cash to Debt Ratio for the quarter that ended in Sep. 2018 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)
	=	48.414	/	(2.348	+	100)
	=	0.47

Tahoe Resources (NYSE:TAHO) 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.

Tahoe Resources Cash-to-Debt Related Terms

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Tahoe Resources (Tahoe Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tahoe Resources Inc (NYSE:TAHO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.tahoeresourcesinc.com

Tahoe Resources Inc is a Canadian mining company focused on the production of precious metals in the Americas. The majority of the company's revenue is derived from silver, with a contribution generated from gold production. Sales of lead and zinc, produced largely as by-products, make up the remainder of Tahoe's consolidated revenue. The company operates the Timmins West and Bell Creek gold mines domestically, the Escobal silver mine in Guatemala, and the La Arena and Shahuindo gold mines in Peru.