enCore Energy (TSXV:EU) Cash-to-Debt : 1.24 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is enCore Energy 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. enCore Energy's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.24.

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, enCore Energy could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

TSXV:EU' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.24 Med: No Debt Max: No Debt
Current: 1.24

During the past 13 years, enCore Energy's highest Cash to Debt Ratio was No Debt. The lowest was 1.24. And the median was No Debt.

TSXV:EU's Cash-to-Debt is ranked worse than
54.49% of 178 companies
in the Other Energy Sources industry
Industry Median: 1.43 vs TSXV:EU: 1.24

enCore Energy Cash-to-Debt Historical Data

The historical data trend for enCore Energy'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.

enCore Energy Cash-to-Debt Chart

enCore Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

15.28

36.87

31.59

1.24

enCore Energy 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	Get a 7-Day Free Trial															31.59	0.26	0.05	0.49	1.24

Competitive Comparison of enCore Energy's Cash-to-Debt

For the Uranium subindustry, enCore Energy'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.

enCore Energy's Cash-to-Debt Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, enCore Energy's Cash-to-Debt distribution charts can be found below:

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

enCore Energy 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.

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

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	32.707	/	(0.239	+	26.207)
	=	1.24

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

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	32.707	/	(0.239	+	26.207)
	=	1.24

enCore Energy (TSXV:EU) 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.

enCore Energy Cash-to-Debt Related Terms

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

enCore Energy (TSXV:EU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » enCore Energy Corp (TSXV:EU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

EU:USA 6TU:Germany 6TU:Germany

Address

101 N. Shoreline Boulevard, Suite 450, Corpus Christi, TX, USA, 78401

Website

https://www.encoreuranium.com

enCore Energy Corp together with its subsidiary, is engaged in the acquisition and exploration of resource properties. The company holds the Marquez project in New Mexico as well as the dominant land position in Arizona with additional other properties in Utah and Wyoming. The firm also owns or has access to North American and global uranium data including the Union Carbide, us Smelting and Refining, UV Industries, and Rancher's Exploration databases in addition to a collection of geophysical data for the high-grade Northern Arizona Breccia Pipe District.