Alaska Energy Metals (FRA:V7F) Cash-to-Debt : 80.89 (As of Dec. 2023)

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What is Alaska Energy 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. Alaska Energy Metals's cash to debt ratio for the quarter that ended in Dec. 2023 was 80.89.

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

FRA:V7F' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.45 Med: 49.92 Max: No Debt
Current: 81.09

During the past 13 years, Alaska Energy Metals's highest Cash to Debt Ratio was No Debt. The lowest was 3.45. And the median was 49.92.

FRA:V7F's Cash-to-Debt is ranked better than
58.7% of 2639 companies
in the Metals & Mining industry
Industry Median: 18.42 vs FRA:V7F: 81.09

Alaska Energy Metals Cash-to-Debt Historical Data

The historical data trend for Alaska Energy 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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Alaska Energy Metals Cash-to-Debt Chart

Alaska Energy Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

5.36

3.45

25.86

3.72

80.89

Alaska Energy Metals 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															3.72	3.52	23.39	72.72	80.89

Competitive Comparison of Alaska Energy Metals's Cash-to-Debt

For the Other Precious Metals & Mining subindustry, Alaska Energy 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.

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

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

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

Alaska Energy 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.

Alaska Energy 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)
	=	2.993	/	(0.018	+	0.019)
	=	80.89

Alaska Energy 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)
	=	2.993	/	(0.018	+	0.019)
	=	80.89

Alaska Energy Metals (FRA:V7F) 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.

Alaska Energy Metals Cash-to-Debt Related Terms

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

Alaska Energy Metals (FRA:V7F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alaska Energy Metals Corp (FRA:V7F) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

AKEMF:USA AEMC:Canada

Address

355 Burrard Street, Suite 1000, Vancouver, BC, CAN, V6C 2G8

Website

https://www.millrockresources.com

Alaska Energy Metals Corp is a Canada-based company engaged in the business activities of exploration and development of mineral resources. Through research and early-stage exploration, the company generates new exploration ideas, acquires mineral rights, and performs exploration work to identify drilling targets. The company derives revenue from contracts with customers through overhead recovery fees and exploration services. Its geographical segments include the USA, Mexico, and Canada, where the majority of its revenue comes from the USA.

Alaska Energy Metals (FRA:V7F) Headlines

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