Kestrel Gold (TSXV:KGC) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Kestrel 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. Kestrel 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, Kestrel 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 Kestrel Gold's Cash-to-Debt or its related term are showing as below:

TSXV:KGC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Kestrel Gold's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was No Debt.

TSXV:KGC's Cash-to-Debt is ranked better than
99.92% of 2637 companies
in the Metals & Mining industry
Industry Median: 18.42 vs TSXV:KGC: No Debt

Kestrel Gold Cash-to-Debt Historical Data

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

Kestrel Gold Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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No Debt

Kestrel Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

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

For the Gold subindustry, Kestrel 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.

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

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

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

Kestrel 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.

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

Kestrel Gold had no debt ⁽¹⁾.

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

Kestrel Gold had no debt ⁽¹⁾.

Kestrel Gold (TSXV:KGC) 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.

Kestrel Gold Cash-to-Debt Related Terms

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Kestrel Gold (TSXV:KGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kestrel Gold Inc (TSXV:KGC) » Definitions » Cash-to-Debt

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KSTBF:USA

Address

110-12 Avenue S.W., Suite 208, Calgary, AB, CAN, T2R 0G7

Website

https://www.kestrelgold.com

Kestrel Gold Inc is principally engaged in the business of acquisition, exploration, and evaluation of mineral properties. Its principal property includes the King Solomon Dome project in the Dawson mining district in the Yukon Territory of Canada. The Company is exploring and evaluating mineral properties in the Yukon Territory and British Columbia, Canada, to bring these properties to production.