Tres-Or Resources (TSXV:TRS) Cash-to-Debt : 61.29 (As of Nov. 2023)

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What is Tres-Or 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. Tres-Or Resources's cash to debt ratio for the quarter that ended in Nov. 2023 was 61.29.

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, Tres-Or Resources could pay off its debt using the cash in hand for the quarter that ended in Nov. 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 Tres-Or Resources's Cash-to-Debt or its related term are showing as below:

TSXV:TRS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: 2.53 Max: No Debt
Current: 61.29

During the past 13 years, Tres-Or Resources's highest Cash to Debt Ratio was No Debt. The lowest was 0.17. And the median was 2.53.

TSXV:TRS's Cash-to-Debt is ranked better than
57.56% of 2653 companies
in the Metals & Mining industry
Industry Median: 17.77 vs TSXV:TRS: 61.29

Tres-Or Resources Cash-to-Debt Historical Data

The historical data trend for Tres-Or 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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Tres-Or Resources Cash-to-Debt Chart

Tres-Or Resources Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Cash-to-Debt

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0.56

0.85

2.53

1.49

No Debt

Tres-Or Resources Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	155.00	112.71	61.29

Competitive Comparison of Tres-Or Resources's Cash-to-Debt

For the Other Precious Metals & Mining subindustry, Tres-Or 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.

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

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

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

Tres-Or 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.

Tres-Or Resources's Cash to Debt Ratio for the fiscal year that ended in Feb. 2023 is calculated as:

Tres-Or Resources had no debt ⁽¹⁾.

Tres-Or Resources's Cash to Debt Ratio for the quarter that ended in Nov. 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)
	=	0.429	/	(0	+	0.007)
	=	61.29

Tres-Or Resources (TSXV:TRS) 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.

Tres-Or Resources Cash-to-Debt Related Terms

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Tres-Or Resources (TSXV:TRS) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

TRSFF:USA

Address

1934 - 131 Street, White Rock, BC, CAN, V4A 7R7

Website

http://www.tres-or.com

Tres-Or Resources Ltd is an operator of a mineral exploration company intended to explore and evaluate mineral properties. The company's platform focused on acquiring, exploring gold and base metal resources, diamonds, and selling certain projects of the company, enabling the discovery of rare minerals and metals. The projects of the company include Fontana and Duvay Gold Projects and Diamond Projects.

Executives

William Brent Moure

Director