Battle North Gold (Battle North Gold) Cash-to-Debt : 35.75 (As of Mar. 2021)

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What is Battle North Gold 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. Battle North Gold's cash to debt ratio for the quarter that ended in Mar. 2021 was 35.75.

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, Battle North Gold could pay off its debt using the cash in hand for the quarter that ended in Mar. 2021.

The historical rank and industry rank for Battle North Gold's Cash-to-Debt or its related term are showing as below:

BNAUF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: No Debt Max: No Debt
Current: 35.72

During the past 13 years, Battle North Gold's highest Cash to Debt Ratio was No Debt. The lowest was 0.09. And the median was No Debt.

BNAUF's Cash-to-Debt is not ranked
in the Metals & Mining industry.
Industry Median: 18.37 vs BNAUF: 35.72

Battle North Gold Cash-to-Debt Historical Data

The historical data trend for Battle North Gold'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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Battle North Gold Cash-to-Debt Chart

Battle North Gold Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

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1.88

1.71

1.23

1.00

150.89

Battle North Gold Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Cash-to-Debt	Get a 7-Day Free Trial															1.14	0.82	4.46	150.89	35.75

Competitive Comparison of Battle North Gold's Cash-to-Debt

For the Gold subindustry, Battle North Gold'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.

Battle North Gold's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Battle North Gold's Cash-to-Debt falls into.

Battle North Gold 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.

Battle North Gold's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 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)
	=	36.515	/	(0.143	+	0.099)
	=	150.89

Battle North Gold's Cash to Debt Ratio for the quarter that ended in Mar. 2021 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)
	=	27.705	/	(0.699	+	0.076)
	=	35.75

Battle North Gold (OTCPK:BNAUF) 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.

Battle North Gold Cash-to-Debt Related Terms

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Battle North Gold (Battle North Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Battle North Gold Corp (OTCPK:BNAUF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

121 King Street West, Suite 830, Toronto, ON, CAN, M5H 3T9

Website

http://www.battlenorthgold.com

Battle North Gold Corp is an exploration company focused on gold mining. The company's projects include Bateman Gold Project, Red Lake Properties, Nevada Properties, and others.

Executives

Robert Ross Mcewen	other: See Footnote (1)	2800-150 KING STREET WEST, P.O. BOX 24, TORONTO A6 M5H 1J9
Lexam Explorations (u.s.a.) Inc.	other: See Footnote (1) below	99 GEORGE 3RD FLOOR TORONTO A6 M5A 2N4
Evanachan Ltd	10 percent owner, other: See Footnote (1)	99 GEORGE ST. 3RD FLOOR TORONTO A6 M5A 2N4
Mcewen Trading Lp	other: See Footnote (1)	99 GEORGE ST. 3RD FLOOR TORONTO A6 M5A 2N4