Valleyview Resources (TSXV:VVR) Cash-to-Debt : No Debt ⁽¹⁾ (As of Feb. 2024)

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What is Valleyview 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. Valleyview Resources's cash to debt ratio for the quarter that ended in Feb. 2024 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, Valleyview Resources could pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

(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 Valleyview Resources's Cash-to-Debt or its related term are showing as below:

TSXV:VVR' 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, Valleyview Resources's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

TSXV:VVR's Cash-to-Debt is ranked better than
99.96% of 2649 companies
in the Metals & Mining industry
Industry Median: 17.59 vs TSXV:VVR: No Debt

Valleyview Resources Cash-to-Debt Historical Data

The historical data trend for Valleyview 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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Valleyview Resources Cash-to-Debt Chart

Valleyview Resources Annual Data

Trend

May22

May23

Cash-to-Debt

N/A

No Debt

Valleyview Resources Quarterly Data
	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial			N/A	No Debt	No Debt	No Debt	No Debt

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

For the Other Industrial Metals & Mining subindustry, Valleyview 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.

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

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

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

Valleyview 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.

Valleyview Resources's Cash to Debt Ratio for the fiscal year that ended in May. 2023 is calculated as:

Valleyview Resources had no debt ⁽¹⁾.

Valleyview Resources's Cash to Debt Ratio for the quarter that ended in Feb. 2024 is calculated as:

Valleyview Resources had no debt ⁽¹⁾.

Valleyview Resources (TSXV:VVR) 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.

Valleyview Resources Cash-to-Debt Related Terms

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

Valleyview Resources (TSXV:VVR) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

503 - 905 West Pender Street, Vancouver, BC, CAN, V6C 1L6

Website

Valleyview Resources Ltd is a mineral resource company engaged in the identification, acquisition and exploration of mineral properties primarily in the Province of British Columbia.