Camino Minerals (Camino Minerals) Cash-to-Debt : 24.81 (As of Jan. 2024)

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What is Camino Minerals 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. Camino Minerals's cash to debt ratio for the quarter that ended in Jan. 2024 was 24.81.

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, Camino Minerals could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

CAMZF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.86 Med: No Debt Max: No Debt
Current: 24.98

During the past 13 years, Camino Minerals's highest Cash to Debt Ratio was No Debt. The lowest was 0.86. And the median was No Debt.

CAMZF's Cash-to-Debt is ranked better than
52.28% of 2636 companies
in the Metals & Mining industry
Industry Median: 17.875 vs CAMZF: 24.98

Camino Minerals Cash-to-Debt Historical Data

The historical data trend for Camino Minerals'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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Camino Minerals Cash-to-Debt Chart

Camino Minerals Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

11.56

8.74

Camino Minerals Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															6.27	3.83	8.74	0.87	24.81

Competitive Comparison of Camino Minerals's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Camino Minerals'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.

Camino Minerals's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Camino Minerals 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.

Camino Minerals's Cash to Debt Ratio for the fiscal year that ended in Jul. 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)
	=	0.717	/	(0.07	+	0.012)
	=	8.74

Camino Minerals's Cash to Debt Ratio for the quarter that ended in Jan. 2024 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)
	=	1.191	/	(0.048	+	0)
	=	24.81

Camino Minerals (OTCPK:CAMZF) 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.

Camino Minerals Cash-to-Debt Related Terms

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Camino Minerals (Camino Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Camino Minerals Corp (OTCPK:CAMZF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

XC01:Germany COR:Canada

Address

555 West Hastings Street, Suite 1780, Vancouver, BC, CAN, V6B 4N6

Website

https://www.caminominerals.com

Camino Minerals Corp is an exploration stage company. It is engaged in the exploration and development of mineral properties. The company projects include the Los Chapitos Project, Maria Cecilia and Plata Dorada Project in Peru.