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Canterra Minerals Cash-to-Debt

: No Debt (As of Jun. 2021)
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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. Canterra Minerals's cash to debt ratio for the quarter that ended in Jun. 2021 was No Debt.

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, Canterra Minerals could pay off its debt using the cash in hand for the quarter that ended in Jun. 2021.

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

OTCPK:CTMCF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02   Med: No Debt   Max: No Debt
Current: No Debt

0.02
No Debt

During the past 13 years, Canterra Minerals's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was No Debt.

OTCPK:CTMCF's Cash-to-Debt is ranked higher than
100% of the 286 Companies
in the Metals & Mining industry.

( Industry Median: 10000.00 vs. OTCPK:CTMCF: No Debt )

Canterra Minerals Cash-to-Debt Historical Data

The historical data trend for Canterra 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.

* Premium members only.

Canterra Minerals Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cash-to-Debt
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt 0.07 No Debt

Canterra Minerals Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.02 No Debt No Debt No Debt

Competitive Comparison

For the Other Precious Metals & Mining subindustry, Canterra 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.

   

Canterra Minerals Cash-to-Debt Distribution

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

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



Canterra 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.

Canterra Minerals's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Canterra Minerals had no debt.

Canterra Minerals's Cash to Debt Ratio for the quarter that ended in Jun. 2021 is calculated as:

Canterra Minerals had no debt.

* 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.


Canterra Minerals  (OTCPK:CTMCF) 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.


Canterra Minerals Cash-to-Debt Related Terms

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


Canterra Minerals Business Description

Canterra Minerals logo
Industry
Basic Materials » Metals & Mining NAICS : 212299 SIC : 619
Traded in Other Exchanges
Address
625 Howe Street, Suite 1020, Vancouver, BC, CAN, V6C 2T6
Canterra Minerals Corp is an exploration-stage company. It is engaged in the acquisition, exploration, and evaluation of mineral properties. The group primarily specializes in diamond exploration within the Northwest Territories. It holds an interest in projects and properties such as Gwen, Hilltop, King, Marlin in the Northwest Territories, and Buffalo Hills in Alberta.
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