Falco Resources (TSXV:FPC) Cash-to-Debt : 0.10 (As of Dec. 2023)

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What is Falco Resources 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. Falco Resources's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.10.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Falco Resources couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Falco Resources's Cash-to-Debt or its related term are showing as below:

TSXV:FPC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.52 Max: No Debt
Current: 0.1

During the past 13 years, Falco Resources's highest Cash to Debt Ratio was No Debt. The lowest was 0.05. And the median was 0.52.

TSXV:FPC's Cash-to-Debt is ranked worse than
90.2% of 2643 companies
in the Metals & Mining industry
Industry Median: 18.42 vs TSXV:FPC: 0.10

Falco Resources Cash-to-Debt Historical Data

The historical data trend for Falco Resources'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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Falco Resources Cash-to-Debt Chart

Falco Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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0.11

0.23

0.15

0.40

0.18

Falco Resources 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															0.27	0.21	0.18	0.15	0.10

Competitive Comparison of Falco Resources's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Falco Resources'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.

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

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

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

Falco Resources 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.

Falco Resources's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	5.921	/	(0	+	33.057)
	=	0.18

Falco Resources'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)
	=	3.27	/	(34.596	+	0)
	=	0.09

Falco Resources (TSXV:FPC) 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.

Falco Resources Cash-to-Debt Related Terms

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

Falco Resources (TSXV:FPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Falco Resources Ltd (TSXV:FPC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

FPRGF:USA 8FP:Germany

Address

1100 Canadiens-de-Montreal, Suite 300, Montreal, QC, CAN, H3B 2S2

Website

https://www.falcores.com

Falco Resources Ltd is engaged in the exploration and evaluation of its mineral properties in the Rouyn-Noranda district for the base and precious metals. The company explores for base and precious metals, such as gold, silver, copper, and zinc deposits. All the company's operations and assets are all located in Canada.

Falco Resources (TSXV:FPC) Headlines

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