Claude Resources (Claude Resources) Cash-to-Debt : 2.55 (As of Mar. 2016)

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What is Claude 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. Claude Resources's cash to debt ratio for the quarter that ended in Mar. 2016 was 2.55.

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, Claude Resources could pay off its debt using the cash in hand for the quarter that ended in Mar. 2016.

The historical rank and industry rank for Claude Resources's Cash-to-Debt or its related term are showing as below:

CLGRF's Cash-to-Debt is not ranked ^*
in the Metals & Mining industry.
Industry Median: 18.42
* Ranked among companies with meaningful Cash-to-Debt only.

Claude Resources Cash-to-Debt Historical Data

The historical data trend for Claude 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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Claude Resources Cash-to-Debt Chart

Claude Resources Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Cash-to-Debt

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2.50

0.04

0.57

2.02

Claude Resources Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
Cash-to-Debt	Get a 7-Day Free Trial															0.79	0.87	1.28	2.02	2.55

Competitive Comparison of Claude Resources's Cash-to-Debt

For the Gold subindustry, Claude 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.

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

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

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

Claude 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.

Claude Resources's Cash to Debt Ratio for the fiscal year that ended in Dec. 2015 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)
	=	27.318	/	(3.646	+	9.853)
	=	2.02

Claude Resources's Cash to Debt Ratio for the quarter that ended in Mar. 2016 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)
	=	33.426	/	(3.78	+	9.324)
	=	2.55

Claude Resources (OTCPK:CLGRF) 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.

Claude Resources Cash-to-Debt Related Terms

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Claude Resources (Claude Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Claude Resources Inc (OTCPK:CLGRF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.clauderesources.com

Claude Resources Inc was incorporated on March 26, 1980. The Company is a gold exploration and mining company. The Company is engaged in the acquisition, exploration, and development of precious metal properties and the production and marketing of minerals. All of Claude's mineral properties are located in northern Saskatchewan and northwestern Ontario. Its revenue generating asset is the 100 percent owned Seabee Gold Operation, located in northern Saskatchewan. Company also owned 100 percent of the Amisk Gold Project in northeastern Saskatchewan. The Seabee Gold Operation has produced gold from five mineral leases. It currently is producing from ML5519, ML5520 and ML5543. Operations on Amisk Property consist of an exploratory search for mineable deposits of ore. Company has produced over 1,000,000 ounces of gold from its Seabee Gold Operation in northeastern Saskatchewan. The Seabee Gold Operation hosts over 550,000 ounces of gold Mineral Reserves and over 680,000 ounces of gold in Mineral Resources.

Claude Resources (Claude Resources) Headlines

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