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North Shore Uranium (TSXV:NSU) Cash-to-Debt : 4.15 (As of Dec. 2022)


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What is North Shore Uranium 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. North Shore Uranium's cash to debt ratio for the quarter that ended in Dec. 2022 was 4.15.

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, North Shore Uranium could pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

TSXV:NSU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.7   Med: 2.43   Max: 4.15
Current: 4.15

During the past 2 years, North Shore Uranium's highest Cash to Debt Ratio was 4.15. The lowest was 0.70. And the median was 2.43.

TSXV:NSU's Cash-to-Debt is ranked better than
58.76% of 177 companies
in the Other Energy Sources industry
Industry Median: 1.96 vs TSXV:NSU: 4.15

North Shore Uranium Cash-to-Debt Historical Data

The historical data trend for North Shore Uranium'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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North Shore Uranium Cash-to-Debt Chart

North Shore Uranium Annual Data
Trend Dec21 Dec22
Cash-to-Debt
0.70 4.15

North Shore Uranium Semi-Annual Data
Dec21 Dec22
Cash-to-Debt 0.70 4.15

Competitive Comparison of North Shore Uranium's Cash-to-Debt

For the Uranium subindustry, North Shore Uranium'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.

North Shore Uranium's Cash-to-Debt Distribution in the Other Energy Sources Industry

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

* The bar in red indicates where North Shore Uranium's Cash-to-Debt falls into.


North Shore Uranium 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.

North Shore Uranium's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
=0.166 / (0.04 + 0)
=4.15

North Shore Uranium's Cash to Debt Ratio for the quarter that ended in Dec. 2022 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)
=0.166 / (0.04 + 0)
=4.15

* 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.

North Shore Uranium  (TSXV:NSU) 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.

North Shore Uranium Cash-to-Debt Related Terms

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North Shore Uranium (TSXV:NSU) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » North Shore Uranium Ltd (TSXV:NSU) » Definitions » Cash-to-Debt
Comparable Companies
Traded in Other Exchanges
N/A
Address
15782 Marine Drive, Unit 1, White Rock, BC, CAN, V4B 1E6
Website
North Shore Uranium Ltd is a mineral exploration company, exploring economic uranium deposits at the eastern margin of Saskatchewan's Athabasca Basin. The company's objective is to conduct exploration programs on its two properties, the Falcon Property and the West Bear Property and evaluate opportunities to increase its portfolio of properties in the region.
Executives
Brooke P. Clements Director, Senior Officer