Touchstone Gold (FRA:T03) Cash-to-Debt : 1.17 (As of Jun. 2014)

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What is Touchstone 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. Touchstone Gold's cash to debt ratio for the quarter that ended in Jun. 2014 was 1.17.

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, Touchstone Gold could pay off its debt using the cash in hand for the quarter that ended in Jun. 2014.

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

FRA:T03' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: No Debt Max: No Debt
Current: No Debt

During the past 5 years, Touchstone Gold's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was No Debt.

FRA:T03's Cash-to-Debt is not ranked
in the Metals & Mining industry.
Industry Median: 18.37 vs FRA:T03: No Debt

Touchstone Gold Cash-to-Debt Historical Data

The historical data trend for Touchstone 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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Touchstone Gold Cash-to-Debt Chart

Touchstone Gold Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Cash-to-Debt

0.04

No Debt

Touchstone Gold Quarterly Data
	Dec09	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Jun14
Cash-to-Debt	Get a 7-Day Free Trial							No Debt	No Debt	No Debt	No Debt	1.17

Competitive Comparison of Touchstone Gold's Cash-to-Debt

For the Gold subindustry, Touchstone 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.

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

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

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

Touchstone 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.

Touchstone Gold's Cash to Debt Ratio for the fiscal year that ended in Dec. 2013 is calculated as:

Touchstone Gold had no debt ⁽¹⁾.

Touchstone Gold's Cash to Debt Ratio for the quarter that ended in Jun. 2014 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)
	=	0.8	/	(0	+	0.684)
	=	1.17

Touchstone Gold (FRA:T03) 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.

Touchstone Gold Cash-to-Debt Related Terms

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Touchstone Gold (FRA:T03) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Touchstone Gold Ltd (FRA:T03) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.touchstonegold.com

Touchstone Gold Ltd was incorporated under the Laws of the British Virgin Islands on June 29, 2009. The Company, along with its wholly-owned subsidiaries, is an exploration stage company engaged in the exploration and development of gold properties in Colombia. The Company's project portfolio comprises of Segovia Gold Project and Santa Rosa Project.

Touchstone Gold (FRA:T03) Headlines

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