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Spey Resources (XCNQ:SPEY) Net Debt Paydown Yield % : 23.60% (As of Oct. 09, 2024)


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What is Spey Resources Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, Spey Resources's Net Debt Paydown Yield % was 23.60%.


Spey Resources Net Debt Paydown Yield % Historical Data

The historical data trend for Spey Resources's Net Debt Paydown Yield % 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.

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Spey Resources Net Debt Paydown Yield % Chart

Spey Resources Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Debt Paydown Yield %
Get a 7-Day Free Trial - - - - 7.23

Spey Resources Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
Net Debt Paydown Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.28 6.89 7.23 13.94 7.07

Competitive Comparison of Spey Resources's Net Debt Paydown Yield %

For the Other Industrial Metals & Mining subindustry, Spey Resources's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % 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.


Spey Resources's Net Debt Paydown Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Spey Resources's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where Spey Resources's Net Debt Paydown Yield % falls into.



Spey Resources Net Debt Paydown Yield % Calculation

Spey Resources's Net Debt Paydown Yield % for the quarter that ended in May. 2024 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( 0.1-0.02 )/1.121
=7.07 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


Spey Resources  (XCNQ:SPEY) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


Spey Resources Net Debt Paydown Yield % Related Terms

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Spey Resources Business Description

Traded in Other Exchanges
Address
1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5
Spey Resources Corp is a mineral exploration company. The company is engaged in the principal business activities of the acquisition and exploration of mineral property assets. It has an interest in the Kaslo Silver property, and Candella II project.
Executives
Nader Vatanchi Director, Senior Officer
Phillip Thomas Senior Officer
Tracy Mabone Senior Officer
Marshall Farris 10% Security Holder

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