American Potash (American Potash) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jan. 2024)

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What is American Potash 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. American Potash'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, American Potash 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 American Potash's Cash-to-Debt or its related term are showing as below:

APCOF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: No Debt Max: No Debt
Current: 0.02

During the past 13 years, American Potash's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was No Debt.

APCOF's Cash-to-Debt is ranked worse than
96.67% of 2643 companies
in the Metals & Mining industry
Industry Median: 18.42 vs APCOF: 0.02

American Potash Cash-to-Debt Historical Data

The historical data trend for American Potash'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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American Potash Cash-to-Debt Chart

American Potash Annual Data

Trend

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Jul23

Cash-to-Debt

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No Debt

American Potash 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															0.28	1.23	No Debt	No Debt	No Debt

Competitive Comparison of American Potash's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, American Potash'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.

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

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

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

American Potash 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.

American Potash's Cash to Debt Ratio for the fiscal year that ended in Jul. 2023 is calculated as:

American Potash had no debt ⁽¹⁾.

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

American Potash had no debt ⁽¹⁾.

American Potash (OTCPK:APCOF) 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.

American Potash Cash-to-Debt Related Terms

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American Potash (American Potash) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » American Potash Corp (OTCPK:APCOF) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

2P3:Germany KCL:Canada

Address

1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5

Website

https://www.americanpotash.com

American Potash Corp is a Canada-based mineral exploration company. It is engaged in discovering and developing critical minerals in the United States, including potash, bromine and lithium. The company's principal projects include the Paradox Basin Brine and Potash Project and Green River Potash and Lithium Project.

American Potash (American Potash) Headlines

From GuruFocus

American Potash Receives Drill Permits for Three Exploratory Wells on its Green River Potash and Lithium Project, Paradox Basin, Utah

By Marketwired • 10-04-2023

American Potash (American Potash) Cash-to-Debt : No Debt (1) (As of Jan. 2024)