Filo (TSX:FIL) Cash-to-Debt

: No Debt ⁽¹⁾ (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

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. Filo's cash to debt ratio for the quarter that ended in Dec. 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, Filo could pay off its debt using the cash in hand for the quarter that ended in Dec. 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 Filo's Cash-to-Debt or its related term are showing as below:

TSX:FIL' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.09 Med: No Debt Max: No Debt
Current: No Debt

During the past 11 years, Filo's highest Cash to Debt Ratio was No Debt. The lowest was 1.09. And the median was No Debt.

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

Filo Cash-to-Debt Historical Data

The historical data trend for Filo'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.

* Premium members only.

Filo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

188.40

2,794.31

No Debt

Filo Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison

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

Filo Cash-to-Debt Distribution

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

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

Filo 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.

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

Filo had no debt ⁽¹⁾.

Filo's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Filo had no debt ⁽¹⁾.

Filo (TSX:FIL) 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.

Filo Cash-to-Debt Related Terms

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

Filo (TSX:FIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Filo Corp (TSX:FIL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

FLMMF:USA FIL:Sweden Z94:Germany

Address

885 West Georgia Street, 2000 HSBC Building, Vancouver, BC, CAN, V6C 3E8

Website

https://www.filocorp.com

Filo Corp is a Canada-based mineral exploration company engaged in the acquisition, exploration, and development of mineral properties in South America. The company is focused on the Filo del Sol Project. Filo del Sol hosts a high-sulphidation epithermal copper-gold-silver deposit associated with a large porphyry copper-gold system. The project is located in the San Juan Province of Argentina and the adjacent Atacama Region of Northern Chile.

Filo (TSX:FIL) Headlines

No Headlines