Tincorp Metals (TSXV:TIN) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Tincorp 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. Tincorp Metals's cash to debt ratio for the quarter that ended in Dec. 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, Tincorp Metals could pay off its debt using the cash in hand for the quarter that ended in Dec. 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 Tincorp Metals's Cash-to-Debt or its related term are showing as below:

TSXV:TIN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 5066.03 Max: No Debt
Current: No Debt

During the past 4 years, Tincorp Metals's highest Cash to Debt Ratio was No Debt. The lowest was 0.12. And the median was 5066.03.

TSXV:TIN's Cash-to-Debt is ranked better than
99.92% of 2639 companies
in the Metals & Mining industry
Industry Median: 18.42 vs TSXV:TIN: No Debt

Tincorp Metals Cash-to-Debt Historical Data

The historical data trend for Tincorp 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.

* Premium members only.

Tincorp Metals Cash-to-Debt Chart

Tincorp Metals Annual Data

Trend

Jun20

Dec21

Dec22

Dec23

Cash-to-Debt

0.12

132.05

No Debt

Tincorp Metals Quarterly Data
	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											No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Tincorp Metals's Cash-to-Debt

For the Gold subindustry, Tincorp 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.

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

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

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

Tincorp 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.

Tincorp Metals's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Tincorp Metals had no debt ⁽¹⁾.

Tincorp Metals's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Tincorp Metals had no debt ⁽¹⁾.

Tincorp Metals (TSXV:TIN) 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.

Tincorp Metals Cash-to-Debt Related Terms

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

Tincorp Metals (TSXV:TIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tincorp Metals Inc (TSXV:TIN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TINFF:USA

Address

1066 West Hastings Street, Suite 1750, Vancouver, BC, CAN, V6E 3X1

Website

https://www.tincorp.com

Tincorp Metals Inc is focused on its wholly owned Skukum Gold Project located in the Whitehorse Mining District of the southern Yukon. The project consists of 1,051 mineral claims covering an area of 170 square kilometres and is located approximately 55 kilometres south of Whitehorse, Yukon. The project hosts the advanced-stage Skukum Creek, Goddell and Mount Skukum high-grade gold deposits and multiple high-priority exploration targets. Project infrastructure includes an all-weather access road, an all-weather 50-person camp, approximately 4.8 kilometres of underground workings, an extensive surface road network and a previously operating 300-tpd mill along with a tailings management facility and service buildings.

Executives

Rui Feng

Director

Tincorp Metals (TSXV:TIN) Headlines

No Headlines

Tincorp Metals (TSXV:TIN) Cash-to-Debt : No Debt (1) (As of Dec. 2023)