Enertopia (Enertopia) Cash-to-Debt

: No Debt ⁽¹⁾ (As of Feb. 2024)

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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. Enertopia's cash to debt ratio for the quarter that ended in Feb. 2024 was No Debt ⁽¹⁾.

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, Enertopia could pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

(1) 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.

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

ENRT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.44 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Enertopia's highest Cash to Debt Ratio was No Debt. The lowest was 0.44. And the median was No Debt.

ENRT's Cash-to-Debt is ranked better than
99.92% of 2632 companies
in the Metals & Mining industry
Industry Median: 18.15 vs ENRT: No Debt

Enertopia Cash-to-Debt Historical Data

The historical data trend for Enertopia'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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Enertopia Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

0.67

No Debt

Enertopia Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt																No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Enertopia'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.

Enertopia Cash-to-Debt Distribution

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

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

Enertopia 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.

Enertopia's Cash to Debt Ratio for the fiscal year that ended in Aug. 2023 is calculated as:

Enertopia had no debt ⁽¹⁾.

Enertopia's Cash to Debt Ratio for the quarter that ended in Feb. 2024 is calculated as:

Enertopia had no debt ⁽¹⁾.

Enertopia (OTCPK:ENRT) 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.

Enertopia Cash-to-Debt Related Terms

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

Enertopia (Enertopia) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

ENRT:Canada

Address

1873 Spall Road, Suite 18, Kelowna, BC, CAN, V1Y 4R2

Website

https://www.enertopia.com

Enertopia Corp is engaged in the acquisition, development and exploration of natural resource properties. .The Company is engaged in exploring the West Tonopah Lithium Project ("West Tonopah") in the Smokey Valley, Nevada along with holding intellectual property & patents in the green technology space. The company has three reportable segments, Natural Resources, Technology and Corporate.

Executives

John Richard Nelson	director	402 ASTORIA CRESCENT SE, CALGARY A0 T2J 0Y5
Allan Horst Spissinger	officer: Chief Financial Officer	8131 198A STREET, LANGLEY A1 V2Y 1Y6
Robert Mcallister	director, officer: President	#203 - 688 LEQUIME ROAD, KELOWNA A1 V1W 1A4
Kristian Ross	director	826 LEON AVENUE, KELOWNA A1 V1Y 6J8
Baljinder Bhullar	officer: CFO	604 - 700 WEST PENDER, VANCOUVER A1 V6C 1G8
Kevin Michael Brown	director	2618 CAMPBELL ROAD, KELOWNA A1 V1Z1T2
Mathew T. Chadwick	director, officer: Sr. VP of Marijuana Operations	22308 DEWDNEY TRUNK RD., MAPLE RIDGE A1 V2X 3J2
Christopher Bunka	director, officer: Chairman and CEO	1924 BIRKDALE AVE, KELOWNA A1 V1P1R7
John Alan Thomas	director	5766 GOLDENROD CRESCENT, DELTA A1 V4L 2G6
Donald James Findlay	director	#30 NEW STREET SE, CALGARY A0 T2G 3X9
John Gregory Dawson	director	1810 RIDEAU AVENUE, COQUITLAM A1 V3J 3G8
Thomas James Ihrke	officer: Sr. VP, Business Development	38 KRIER LANE, MOUNT PLEASANT SC 29464
Mark E Snyder	officer: Chief Technical Officer	12900 BROOKPRINTER PL #200, POWAY CA 92064
Hugh Reid	director	1406-6TH STREET NW, CALGARY A0 T2M 3E6
James Letourneau	director	2609-12TH AVE. SW, CALGARY A0 T3C 0S4