Surface Metals (XCNQ:SUR) Cash-to-Debt : 0.61 (As of Mar. 2025)

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What is Surface Metals 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. Surface Metals's cash to debt ratio for the quarter that ended in Mar. 2025 was 0.61.

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, Surface Metals couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2025.

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

XCNQ:SUR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 4.34 Max: No Debt
Current: 0.61

During the past 7 years, Surface Metals's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 4.34.

XCNQ:SUR's Cash-to-Debt is ranked worse than
72.7% of 2579 companies
in the Metals & Mining industry
Industry Median: 20.63 vs XCNQ:SUR: 0.61

Surface Metals Cash-to-Debt Historical Data

The historical data trend for Surface 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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Surface Metals Cash-to-Debt Chart

Surface Metals Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Cash-to-Debt

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0.01

No Debt

1.77

1.86

Surface Metals Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash-to-Debt	Get a 7-Day Free Trial															4.34	2.47	1.86	0.84	0.61

Competitive Comparison of Surface Metals's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Surface 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.

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

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

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

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Surface 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.

Surface Metals's Cash to Debt Ratio for the fiscal year that ended in Sep. 2024 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)
	=	0.255	/	(0.034	+	0.103)
	=	1.86

Surface Metals's Cash to Debt Ratio for the quarter that ended in Mar. 2025 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)
	=	0.074	/	(0.038	+	0.083)
	=	0.61

Surface Metals (XCNQ:SUR) 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.

Surface Metals Cash-to-Debt Related Terms

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

Surface Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Surface Metals Inc (XCNQ:SUR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SURMF:USA

Address

318 - 1199 West Pender Street, Vancouver, BC, CAN, V6E 2R1

Website

https://www.acmelithium.com

Surface Metals Inc formerly ACME Lithium Inc is a mineral exploration company engaged in the acquisition, exploration, and evaluation of natural resource properties located in the State of Nevada, USA, and Manitoba, Canada. The company's projects include Clayton valley, Fish lake valley, Shatford lake, Cat-Euclid lake, Birse lake, and Bailey lake.

Executives

Vivian Andrea Katsuris	Director
Stephen Hanson	Director

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