Blackrock Silver (TSXV:BRC) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jan. 2024)

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

TSXV:BRC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 6.7 Max: No Debt
Current: No Debt

During the past 13 years, Blackrock Silver's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 6.70.

TSXV:BRC's Cash-to-Debt is ranked better than
99.92% of 2636 companies
in the Metals & Mining industry
Industry Median: 17.92 vs TSXV:BRC: No Debt

Blackrock Silver Cash-to-Debt Historical Data

The historical data trend for Blackrock Silver'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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Blackrock Silver Cash-to-Debt Chart

Blackrock Silver Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash-to-Debt

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6.70

No Debt

Blackrock Silver 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															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Blackrock Silver's Cash-to-Debt

For the Other Precious Metals & Mining subindustry, Blackrock Silver'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.

Blackrock Silver's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Blackrock Silver 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.

Blackrock Silver's Cash to Debt Ratio for the fiscal year that ended in Oct. 2023 is calculated as:

Blackrock Silver had no debt ⁽¹⁾.

Blackrock Silver's Cash to Debt Ratio for the quarter that ended in Jan. 2024 is calculated as:

Blackrock Silver had no debt ⁽¹⁾.

Blackrock Silver (TSXV:BRC) 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.

Blackrock Silver Cash-to-Debt Related Terms

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

Blackrock Silver (TSXV:BRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Blackrock Silver Corp (TSXV:BRC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BKRRF:USA AHZ0:Germany

Address

200 Granville Street, Suite 2710, Vancouver, BC, CAN, V6C 1S4

Website

https://www.blackrocksilver.com

Blackrock Silver Corp is a junior gold-focused exploration company that is on a quest to make an economic discovery. The company is focused on its Nevada portfolio of properties consisting of low-sulphidation epithermal gold and silver projects located along the established Northern Nevada Rift in Nevada and the Walker Lane trend in Western Nevada. The Tonopah West is the highest-grade undeveloped silver project located in the Walker Lane trend of Western Nevada.