Gold X2 Mining (FRA:DF8) Cash Ratio: 5.43 (As of Mar. 2026) — 18% Above Median

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FRA:DF8 Gold X2 Mining Inc FRA:DF8
38 GF Score
Price €0.64
! 1 Warning Sign
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What is Gold X2 Mining Cash Ratio?

Gold X2 Mining FRA:DF8 -2.42% 38 Cash Ratio is 5.43 as of Mar. 2026, which is 18% above its 10-year median of 4.60. GuruFocus rates FRA:DF8 with a GF Score™ of 38/100. The stock has 1 warning sign investors should review. Among 2,568 Metals & Mining companies, Gold X2 Mining ranks better than 70.76% on this metric.

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Gold X2 Mining's Cash Ratio for the quarter that ended in Mar. 2026 was 5.43.

Gold X2 Mining has a Cash Ratio of 5.43. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.

The historical rank and industry rank for Gold X2 Mining's Cash Ratio or its related term are showing as below:

FRA:DF8' s Cash Ratio Range Over the Past 10 Years
Min: 0.01   Med: 4.6   Max: 9.18
Current: 5.43

During the past 6 years, Gold X2 Mining's highest Cash Ratio was 9.18. The lowest was 0.01. And the median was 4.60.

FRA:DF8's Cash Ratio is ranked better than
70.76% of 2568 companies
in the Metals & Mining industry
Industry Median: 1.83 vs FRA:DF8: 5.43

Gold X2 Mining  (FRA:DF8) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Gold X2 Mining Cash Ratio Related Terms


Gold X2 Mining Cash Ratio Historical Data

* Premium members only.

The historical data trend for Gold X2 Mining's Cash Ratio 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.

Gold X2 Mining Cash Ratio Chart

Gold X2 Mining Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Dec24 Dec25
Cash Ratio
Get a 7-Day Free Trial 0.15 4.71 0.66 3.13 2.19

Gold X2 Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.46 5.21 3.89 2.19 5.43

FRA:DF8 vs NEM, AU: Cash Ratio Comparison

For the Gold subindustry, Gold X2 Mining's Cash Ratio, along with its competitors' market caps and Cash Ratio 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.


Gold X2 Mining Cash Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Gold X2 Mining's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Gold X2 Mining's Cash Ratio falls into.


FRA:DF8
38GF Score
Gold X2 Mining Inc FRA:DF8
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Gold X2 Mining Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Gold X2 Mining's Cash Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Cash Ratio (A: Dec. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=7.801/3.559
=2.19

Gold X2 Mining's Cash Ratio for the quarter that ended in Mar. 2026 is calculated as:

Cash Ratio (Q: Mar. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=73.907/13.621
=5.43

* 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.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 5.43 mean?
Gold X2 Mining (FRA:DF8) has a Cash Ratio of 5.43 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Gold X2 Mining and its competitors. This is 18% above median its historical median of 4.60. Over the past decade, Gold X2 Mining's Cash Ratio has ranged from 0.01 to 9.18. According to the industry distribution chart, Gold X2 Mining ranks #751 out of 2568 companies in the Metals & Mining industry, placing it in the top 29.2%.
Is Gold X2 Mining's Cash Ratio too high?
Gold X2 Mining's current Cash Ratio of 5.43 is 18% above median its 10-year median of 4.60. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 9.18. The Metals & Mining industry median Cash Ratio is 1.83. Gold X2 Mining's value of 5.43 is 196.7% above this industry median. Based on the distribution chart, Gold X2 Mining ranks #751 out of 2568 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Gold X2 Mining has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Gold X2 Mining's Cash Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Gold X2 Mining ranks #751 out of 2568 companies for Cash Ratio. This puts Gold X2 Mining in the upper half of its industry. The industry median Cash Ratio is 1.83. Gold X2 Mining's value of 5.43 is 196.7% above this benchmark. Historically, Gold X2 Mining's own Cash Ratio has ranged from 0.01 to 9.18 over the past decade. While the company's 10-year median is 4.60 vs. the industry median of 1.83, Gold X2 Mining has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Metals & Mining company?
The median Cash Ratio among Metals & Mining companies is 1.83, based on 2,568 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gold X2 Mining's current Cash Ratio of 5.43 is 196.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Gold X2 Mining and its competitors. For the Metals & Mining industry, the median Cash Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gold X2 Mining's current Cash Ratio is 5.43, which is 18% above median its own 10-year median of 4.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold X2 Mining stock overvalued right now?
Gold X2 Mining (FRA:DF8) has a current Cash Ratio of 5.43. The current Cash Ratio is 5.43, which is 18% above median its 10-year median of 4.60 and 196.7% above the Metals & Mining industry median of 1.83. Gold X2 Mining's overall GF Score™ is 38/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Gold X2 Mining (FRA:DF8), the current Cash Ratio is 5.43 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Gold X2 Mining Business Description

Other Exchanges GSHRF:USAAUXX:Canada
Address 400 Burrard Street, 450 Commerce Place, Vancouver, BC, CAN, V6C 3A6
Gold X2 Mining Inc is a gold-focused Canadian mineral exploration company. Its primary business is the acquisition and exploration of precious metal mineral properties in Canada. Gold X2 currently holds title to the Moss Gold Project, Hillcrest Project, and an option to earn into the Vanguard Project, Coldstream Project, and Huronian Project located in Ontario, Canada.
38GF Score

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