Coeur Mining (WBO:CDE) Cash-to-Debt

: 0.11 (As of Dec. 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. Coeur Mining's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.11.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Coeur Mining couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

WBO:CDE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.29 Max: 0.58
Current: 0.11

During the past 13 years, Coeur Mining's highest Cash to Debt Ratio was 0.58. The lowest was 0.11. And the median was 0.29.

WBO:CDE's Cash-to-Debt is ranked worse than
89.93% of 2631 companies
in the Metals & Mining industry
Industry Median: 18.1 vs WBO:CDE: 0.11

Coeur Mining Cash-to-Debt Historical Data

The historical data trend for Coeur Mining'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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Coeur Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.18

0.32

0.11

0.18

0.11

Coeur Mining 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																0.18	0.16	0.14	0.12	0.11

Competitive Comparison

For the Gold subindustry, Coeur Mining'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.

Coeur Mining Cash-to-Debt Distribution

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

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

Coeur Mining 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.

Coeur Mining'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)
	=	56.517	/	(29.904	+	479.292)
	=	0.11

Coeur Mining'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)
	=	56.517	/	(29.904	+	479.292)
	=	0.11

Coeur Mining (WBO:CDE) 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.

Coeur Mining Cash-to-Debt Related Terms

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Coeur Mining (WBO:CDE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Coeur Mining Inc (WBO:CDE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CDE:USA 1CDE:Italy CDM1:Germany CDE:Argentina

Address

104 South Michigan Avenue, Suite 900, Chicago, IL, USA, 60603

Website

https://www.coeur.com

Coeur Mining Inc is a metals producer focused on mining precious minerals in the Americas. It is involved in the discovery and mining of gold and silver and generates the vast majority of revenue from the sale of these precious metals. The operating mines of the company are palmarejo, Rochester, Wharf, and Kensington. Its projects are located in the United States, Canada and Mexico, and North America.