Genesis Metals (Genesis Metals) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2021)

View and export this data going back to 2011. Start your Free Trial

What is Genesis Metals 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. Genesis Metals's cash to debt ratio for the quarter that ended in Dec. 2021 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, Genesis Metals could pay off its debt using the cash in hand for the quarter that ended in Dec. 2021.

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

GGISF' 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 11 years, Genesis Metals's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

GGISF's Cash-to-Debt is not ranked
in the Metals & Mining industry.
Industry Median: 18.42 vs GGISF: No Debt

Genesis Metals Cash-to-Debt Historical Data

The historical data trend for Genesis Metals'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.

Genesis Metals Cash-to-Debt Chart

Genesis Metals Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

Genesis Metals Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Genesis Metals's Cash-to-Debt

For the Gold subindustry, Genesis Metals'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.

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

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

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

Genesis Metals 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.

Genesis Metals's Cash to Debt Ratio for the fiscal year that ended in Mar. 2021 is calculated as:

Genesis Metals had no debt ⁽¹⁾.

Genesis Metals's Cash to Debt Ratio for the quarter that ended in Dec. 2021 is calculated as:

Genesis Metals had no debt ⁽¹⁾.

Genesis Metals (OTCPK:GGISF) 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.

Genesis Metals Cash-to-Debt Related Terms

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

Genesis Metals (Genesis Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Genesis Metals Corp (OTCPK:GGISF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

800 West Pender Street, Suite 1020, Vancouver, BC, CAN, V6C 2V6

Website

http://www.genesismetalscorp.com

Genesis Metals Corp is engaged in the acquisition and exploration of mineral property interests in Canada. The company is focused on the Chevrier Gold Project in the southwest of Chibougamau, Quebec. The Chevrier Gold Property covers 15 kilometers of the Fancamp Deformation zone - an emerging mineralized belt undergoing intensive exploration by multiple companies including several industry players, including the high-grade Monster Lake Gold Discovery which is being explored by Toma Gold and IAMGOLD. Genesis Metals holds a 100% interest in the October Gold Property located in the Southern Swayze greenstone belt in Benton Township, Ontario.

Genesis Metals (Genesis Metals) Headlines

No Headlines

Genesis Metals (Genesis Metals) Cash-to-Debt : No Debt (1) (As of Dec. 2021)