Strathmore Plus Uranium (Strathmore Plus Uranium) Cash-to-Debt : 4.30 (As of Jan. 2024)

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What is Strathmore Plus Uranium 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. Strathmore Plus Uranium's cash to debt ratio for the quarter that ended in Jan. 2024 was 4.30.

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, Strathmore Plus Uranium 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 Strathmore Plus Uranium's Cash-to-Debt or its related term are showing as below:

SUUFF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: No Debt Max: No Debt
Current: 4.3

During the past 13 years, Strathmore Plus Uranium's highest Cash to Debt Ratio was No Debt. The lowest was 0.07. And the median was No Debt.

SUUFF's Cash-to-Debt is ranked better than
59.44% of 180 companies
in the Other Energy Sources industry
Industry Median: 1.505 vs SUUFF: 4.30

Strathmore Plus Uranium Cash-to-Debt Historical Data

The historical data trend for Strathmore Plus Uranium'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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Strathmore Plus Uranium Cash-to-Debt Chart

Strathmore Plus Uranium Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Cash-to-Debt

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No Debt

0.96

3.66

Strathmore Plus Uranium 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															6.37	4.80	3.66	6.29	4.30

Competitive Comparison of Strathmore Plus Uranium's Cash-to-Debt

For the Uranium subindustry, Strathmore Plus Uranium'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.

Strathmore Plus Uranium's Cash-to-Debt Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Strathmore Plus Uranium's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Strathmore Plus Uranium's Cash-to-Debt falls into.

Strathmore Plus Uranium 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.

Strathmore Plus Uranium'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)
	=	1.308	/	(0.357	+	0)
	=	3.66

Strathmore Plus Uranium'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)
	=	1.601	/	(0.372	+	0)
	=	4.30

Strathmore Plus Uranium (OTCPK:SUUFF) 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.

Strathmore Plus Uranium Cash-to-Debt Related Terms

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Strathmore Plus Uranium (Strathmore Plus Uranium) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Strathmore Plus Uranium Corp (OTCPK:SUUFF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TO3:Germany SUU:Canada

Address

1620 Dickson Ave, Suite 750, Kelowna, BC, CAN, V1Y 9Y2

Website

https://www.strathmoreplus.com

Strathmore Plus Uranium Corp is uranium explorer based company. The Company operates in one business segment, the exploration, development and evaluation of the projects located in the State of Wyoming.

Strathmore Plus Uranium (Strathmore Plus Uranium) Headlines

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