Atha Energy (Atha Energy) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

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

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

During the past 2 years, Atha Energy's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

SASKF's Cash-to-Debt is ranked better than
99.44% of 179 companies
in the Other Energy Sources industry
Industry Median: 1.96 vs SASKF: No Debt

Atha Energy Cash-to-Debt Historical Data

The historical data trend for Atha Energy'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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Atha Energy Cash-to-Debt Chart

Atha Energy Annual Data

Trend

Dec21

Dec22

Cash-to-Debt

No Debt

Atha Energy Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial				No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Atha Energy's Cash-to-Debt

For the Uranium subindustry, Atha Energy'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.

Atha Energy's Cash-to-Debt Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Atha Energy's Cash-to-Debt distribution charts can be found below:

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

Atha Energy 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.

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

Atha Energy had no debt ⁽¹⁾.

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

Atha Energy had no debt ⁽¹⁾.

Atha Energy (OTCPK:SASKF) 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.

Atha Energy Cash-to-Debt Related Terms

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

Atha Energy (Atha Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Atha Energy Corp (OTCPK:SASKF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

X5U:Germany SASK:Canada

Address

1250 - 1066 Hastings St. W, Vancouver, BC, CAN, V6E 3X1

Website

https://www.athaenergy.com

Atha Energy Corp. is a mineral exploration company focused on the acquisition, exploration, and development of mineral resource properties. The company has the option to acquire a 100% interest and title to the Golden Rose property located in Northeastern Ontario and has signed an agreement to acquire significant acreage in Saskatchewan and Alberta.

Atha Energy (Atha Energy) Headlines

From GuruFocus

Atha Energy Announces Closing of 92 Energy Scheme

By GlobeNewswire • 04-11-2024