Black Dragon Gold (FRA:CDC) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Black Dragon 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. Black Dragon Gold's cash to debt ratio for the quarter that ended in Dec. 2023 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, Black Dragon Gold could pay off its debt using the cash in hand for the quarter that ended in Dec. 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 Black Dragon Gold's Cash-to-Debt or its related term are showing as below:

FRA:CDC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Black Dragon Gold's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was No Debt.

FRA:CDC's Cash-to-Debt is ranked better than
99.96% of 2643 companies
in the Metals & Mining industry
Industry Median: 18.42 vs FRA:CDC: No Debt

Black Dragon Gold Cash-to-Debt Historical Data

The historical data trend for Black Dragon 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.

* Premium members only.

Black Dragon Gold Cash-to-Debt Chart

Black Dragon Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

Black Dragon Gold Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	N/A

Competitive Comparison of Black Dragon Gold's Cash-to-Debt

For the Gold subindustry, Black Dragon 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.

Black Dragon Gold's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Black Dragon 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.

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

Black Dragon Gold had no debt ⁽¹⁾.

Black Dragon Gold's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Black Dragon Gold had no debt ⁽¹⁾.

Black Dragon Gold (FRA:CDC) 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.

Black Dragon Gold Cash-to-Debt Related Terms

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

Black Dragon Gold (FRA:CDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Black Dragon Gold Corp (FRA:CDC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BDGCF:USA BDG:Australia

Address

65 Rodney Road, Ground Floor, Regent House, Gloucestershire, Cheltenham, GBR, GL50 1HX

Website

https://www.blackdragongold.com

Black Dragon Gold Corp is a Canada-based junior mining company. It is engaged in the acquisition, exploration of exploration and evaluation of assets located in Spain. The firm through its subsidiary, Exploraciones Mineras del Cantabrico SL (EMC), holds an interest in the Salave Gold Property.