Power Metals (Power Metals) Cash-to-Debt

: No Debt ⁽¹⁾ (As of Nov. 2023)

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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. Power Metals's cash to debt ratio for the quarter that ended in Nov. 2023 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, Power Metals could pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

(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 Power Metals's Cash-to-Debt or its related term are showing as below:

PWRMF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 5007.19 Max: No Debt
Current: No Debt

During the past 13 years, Power Metals's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 5007.19.

PWRMF's Cash-to-Debt is ranked better than
99.92% of 2633 companies
in the Metals & Mining industry
Industry Median: 18.1 vs PWRMF: No Debt

Power Metals Cash-to-Debt Historical Data

The historical data trend for Power Metals'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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Power Metals Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Cash-to-Debt

No Debt

0.19

No Debt

Power Metals Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Cash-to-Debt																No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison

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

Power Metals Cash-to-Debt Distribution

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

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

Power Metals 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.

Power Metals's Cash to Debt Ratio for the fiscal year that ended in Nov. 2023 is calculated as:

Power Metals had no debt ⁽¹⁾.

Power Metals's Cash to Debt Ratio for the quarter that ended in Nov. 2023 is calculated as:

Power Metals had no debt ⁽¹⁾.

Power Metals (OTCPK:PWRMF) 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.

Power Metals Cash-to-Debt Related Terms

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

Power Metals (Power Metals) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

OAA1:Germany PWM:Canada

Address

1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9

Website

https://www.powermetalscorp.com

Power Metals Corp is a Canada based company engaged in the business of acquisition, exploration, and evaluation of resource properties. Its properties include Case Lake Property and Paterson Lake and Gullwing Tot.

Power Metals (Power Metals) Headlines

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