Fabled Copper (FRA:XZ70) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

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What is Fabled Copper 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. Fabled Copper's cash to debt ratio for the quarter that ended in Sep. 2023 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, Fabled Copper could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

(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 Fabled Copper's Cash-to-Debt or its related term are showing as below:

FRA:XZ70' s Cash-to-Debt Range Over the Past 10 Years
Min: 6.51 Med: No Debt Max: No Debt
Current: No Debt

During the past 3 years, Fabled Copper's highest Cash to Debt Ratio was No Debt. The lowest was 6.51. And the median was No Debt.

FRA:XZ70's Cash-to-Debt is not ranked
in the Metals & Mining industry.
Industry Median: 18.42 vs FRA:XZ70: No Debt

Fabled Copper Cash-to-Debt Historical Data

The historical data trend for Fabled Copper'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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Fabled Copper Cash-to-Debt Chart

Fabled Copper Annual Data

Trend

Dec20

Dec21

Dec22

Cash-to-Debt

6.51

No Debt

Fabled Copper Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial							No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Fabled Copper's Cash-to-Debt

For the Other Precious Metals & Mining subindustry, Fabled Copper'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.

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

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

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

Fabled Copper 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.

Fabled Copper's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Fabled Copper had no debt ⁽¹⁾.

Fabled Copper's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Fabled Copper had no debt ⁽¹⁾.

Fabled Copper (FRA:XZ70) 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.

Fabled Copper Cash-to-Debt Related Terms

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

Fabled Copper (FRA:XZ70) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fabled Copper Corp (FRA:XZ70) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

FBCPF:USA FABL:Canada

Address

1500 West Georgia Street, Suite 480, Vancouver, BC, CAN, V6G 2Z6

Website

https://www.fabledsilvergoldcorp.com

Fabled Copper Corp is a mineral resource company principally engaged in the acquisition and exploration of mineral resource properties. Its objective is to locate and develop precious metals, focusing initially on the exploration and development of the Muskwa Project. It has one reportable segment, which is the exploration and evaluation of exploration and evaluation assets. All of the Company's equipment and exploration and evaluation assets are located in Canada.

Fabled Copper (FRA:XZ70) Headlines

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Fabled Copper (FRA:XZ70) Cash-to-Debt : No Debt (1) (As of Sep. 2023)