Great Bear Resources (Great Bear Resources) Cash-to-Debt : 144.45 (As of Sep. 2021)

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What is Great Bear Resources 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. Great Bear Resources's cash to debt ratio for the quarter that ended in Sep. 2021 was 144.45.

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, Great Bear Resources could pay off its debt using the cash in hand for the quarter that ended in Sep. 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 Great Bear Resources's Cash-to-Debt or its related term are showing as below:

GTBAF' s Cash-to-Debt Range Over the Past 10 Years
Min: 144.59 Med: No Debt Max: No Debt
Current: 144.59

During the past 13 years, Great Bear Resources's highest Cash to Debt Ratio was No Debt. The lowest was 144.59. And the median was No Debt.

GTBAF's Cash-to-Debt is not ranked
in the Metals & Mining industry.
Industry Median: 18.42 vs GTBAF: 144.59

Great Bear Resources Cash-to-Debt Historical Data

The historical data trend for Great Bear Resources'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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Great Bear Resources Cash-to-Debt Chart

Great Bear Resources Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

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No Debt

Great Bear Resources Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	147.44	144.45

Competitive Comparison of Great Bear Resources's Cash-to-Debt

For the Gold subindustry, Great Bear Resources'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.

Great Bear Resources's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Great Bear Resources's Cash-to-Debt falls into.

Great Bear Resources 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.

Great Bear Resources's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Great Bear Resources had no debt ⁽¹⁾.

Great Bear Resources's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	61.391	/	(0.155	+	0.27)
	=	144.45

Great Bear Resources (OTCPK:GTBAF) 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.

Great Bear Resources Cash-to-Debt Related Terms

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Great Bear Resources (Great Bear Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Great Bear Resources Ltd (OTCPK:GTBAF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

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

Website

https://www.greatbearresources.ca

Great Bear Resources Ltd is a Vancouver-based gold exploration company focused on advancing its 100% owned Dixie project in Northwestern Ontario, Canada. An exploration drill program is underway to define the mineralization within a large-scale, high-grade disseminated gold discovery. Additional exploration drilling is also in progress to expand and infill nearby high-grade gold zones, as well as to test new regional targets.