Copperhead Resources (XCNQ:CUH) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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

XCNQ:CUH' 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, Copperhead Resources's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

XCNQ:CUH's Cash-to-Debt is ranked better than
99.96% of 2653 companies
in the Metals & Mining industry
Industry Median: 17.77 vs XCNQ:CUH: No Debt

Copperhead Resources Cash-to-Debt Historical Data

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

Copperhead Resources Annual Data

Trend

Dec22

Dec23

Cash-to-Debt

No Debt

Copperhead Resources Quarterly Data
	Jun22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	No Debt	No Debt	No Debt

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

For the Other Precious Metals & Mining subindustry, Copperhead 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.

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

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

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

Copperhead 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.

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

Copperhead Resources had no debt ⁽¹⁾.

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

Copperhead Resources had no debt ⁽¹⁾.

Copperhead Resources (XCNQ:CUH) 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.

Copperhead Resources Cash-to-Debt Related Terms

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

Copperhead Resources (XCNQ:CUH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Copperhead Resources Inc (XCNQ:CUH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

607 - 1750 Davie Street, Vancouver, BC, CAN, V6G 1W3

Website

Copperhead Resources Inc is a mineral resource company engaged in the acquisition and exploration of mineral resource properties. Its objective is to locate and develop precious metals, focusing initially on the exploration and development of the Project located in British Columbia, Canada. The Company holds an option to acquire a 75% undivided right, title, and interest in and to the Project Red line.

Executives

Damian Lopez

Director, Senior Officer

Copperhead Resources (XCNQ:CUH) Headlines

No Headlines

Copperhead Resources (XCNQ:CUH) Cash-to-Debt : No Debt (1) (As of Mar. 2024)