Kalo Gold (Kalo Gold) Cash-to-Debt

: No Debt ⁽¹⁾ (As of Nov. 2023)

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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. Kalo Gold's cash to debt ratio for the quarter that ended in Nov. 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, Kalo Gold could pay off its debt using the cash in hand for the quarter that ended in Nov. 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 Kalo Gold's Cash-to-Debt or its related term are showing as below:

KLGDF' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.95 Med: No Debt Max: No Debt
Current: No Debt

During the past 4 years, Kalo Gold's highest Cash to Debt Ratio was No Debt. The lowest was 4.95. And the median was No Debt.

KLGDF's Cash-to-Debt is ranked better than
99.92% of 2635 companies
in the Metals & Mining industry
Industry Median: 17.94 vs KLGDF: No Debt

Kalo Gold Cash-to-Debt Historical Data

The historical data trend for Kalo 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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Kalo Gold Annual Data

Trend

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

No Debt

Kalo Gold Quarterly Data
	Dec19	Aug20	Dec20	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Cash-to-Debt	Get a 7-Day Free Trial									4.93	No Debt	No Debt	No Debt	No Debt

Competitive Comparison

For the Gold subindustry, Kalo 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.

Kalo Gold Cash-to-Debt Distribution

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

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

Kalo 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.

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

Kalo Gold had no debt ⁽¹⁾.

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

Kalo Gold had no debt ⁽¹⁾.

Kalo Gold (OTCPK:KLGDF) 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.

Kalo Gold Cash-to-Debt Related Terms

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

Kalo Gold (Kalo Gold) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

0SX0:Germany KALO:Canada

Address

1030 West Georgia Street, Suite 1507, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.kalogoldcorp.com

Kalo Gold Corp is a mineral exploration company focused on the Vatu Aurum gold project on Fiji's north island, Vanua Levu. Geographic revenue is recognized in Canada, Fiji, British Virgin Islands.