Intrepid Metals (Intrepid Metals) Cash-to-Debt : 2.86 (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Intrepid 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. Intrepid Metals's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.86.

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, Intrepid Metals 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 Intrepid Metals's Cash-to-Debt or its related term are showing as below:

IMTCF' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.86 Med: No Debt Max: No Debt
Current: 2.86

During the past 13 years, Intrepid Metals's highest Cash to Debt Ratio was No Debt. The lowest was 2.86. And the median was No Debt.

IMTCF's Cash-to-Debt is ranked worse than
61.24% of 2647 companies
in the Metals & Mining industry
Industry Median: 18.37 vs IMTCF: 2.86

Intrepid Metals Cash-to-Debt Historical Data

The historical data trend for Intrepid 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.

* Premium members only.

Intrepid Metals Cash-to-Debt Chart

Intrepid Metals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

30.97

17.72

22.53

2.86

Intrepid Metals Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															51.24	22.53	16.47	7.96	2.86

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

For the Other Industrial Metals & Mining subindustry, Intrepid 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.

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

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

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

Intrepid 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.

Intrepid Metals'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)
	=	0.22	/	(0.077	+	0)
	=	2.86

Intrepid Metals'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)
	=	0.22	/	(0.077	+	0)
	=	2.86

Intrepid Metals (OTCPK:IMTCF) 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.

Intrepid Metals Cash-to-Debt Related Terms

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

Intrepid Metals (Intrepid Metals) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

INTR:Canada

Address

1055 West Georgia Street, Suite 2400, Vancouver, BC, CAN, V6E 3P3

Website

https://www.intrepidmetals.com

Intrepid Metals Corp iss engaged in the acquisition, exploration, and development of mineral properties. It is focused on exploring for high-grade copper, silver, and zinc projects in proximity to established mining camps in south-eastern Arizona, USA.