GGOXF (Galleon Gold) Cash Ratio: 2.26 (As of May. 2026) — 326% Above Median

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GGOXF Galleon Gold Corp GGOXF
29 GF Score
Price $0.87
! 2 Warning Signs
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What is Galleon Gold Cash Ratio?

Galleon Gold GGOXF +3.06% 29 Cash Ratio is 2.26 as of May. 2026, which is 326% above its 10-year median of 0.53. GuruFocus rates GGOXF with a GF Score™ of 29/100. The stock has 2 warning signs investors should review. Among 2,569 Metals & Mining companies, Galleon Gold ranks better than 53.06% 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. Galleon Gold's Cash Ratio for the quarter that ended in May. 2026 was 2.26.

Galleon Gold has a Cash Ratio of 2.26. 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 Galleon Gold's Cash Ratio or its related term are showing as below:

GGOXF' s Cash Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.53   Max: 3.48
Current: 2.26

During the past 13 years, Galleon Gold's highest Cash Ratio was 3.48. The lowest was 0.05. And the median was 0.53.

GGOXF's Cash Ratio is ranked better than
53.06% of 2569 companies
in the Metals & Mining industry
Industry Median: 1.86 vs GGOXF: 2.26

Galleon Gold  (OTCPK:GGOXF) 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.


Galleon Gold Cash Ratio Related Terms


Galleon Gold Cash Ratio Historical Data

* Premium members only.

The historical data trend for Galleon Gold'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.

Galleon Gold Cash Ratio Chart

Galleon Gold Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.37 0.14 0.37 1.68

Galleon Gold Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.17 3.03 1.68 3.48 2.26

GGOXF vs NEM, AU: Cash Ratio Comparison

For the Gold subindustry, Galleon Gold'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.


Galleon Gold Cash Ratio vs Metals & Mining Industry

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

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


GGOXF
29GF Score
Galleon Gold Corp GGOXF
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Galleon Gold Cash Ratio Calculation

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

Galleon Gold's Cash Ratio for the fiscal year that ended in Nov. 2025 is calculated as:

Cash Ratio (A: Nov. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=10.006/5.95
=1.68

Galleon Gold's Cash Ratio for the quarter that ended in May. 2026 is calculated as:

Cash Ratio (Q: May. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=23.528/10.426
=2.26

* 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 2.26 mean?
Galleon Gold (GGOXF) has a Cash Ratio of 2.26 as of May. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Galleon Gold and its competitors. This is 326% above median its historical median of 0.53. Over the past decade, Galleon Gold's Cash Ratio has ranged from 0.05 to 3.48. According to the industry distribution chart, Galleon Gold ranks #1206 out of 2569 companies in the Metals & Mining industry, placing it in the top 46.9%.
Is Galleon Gold's Cash Ratio too high?
Galleon Gold's current Cash Ratio of 2.26 is 326% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 3.48. The Metals & Mining industry median Cash Ratio is 1.86. Galleon Gold's value of 2.26 is 21.5% above this industry median. Based on the distribution chart, Galleon Gold ranks #1206 out of 2569 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Galleon Gold has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Galleon Gold's Cash Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Galleon Gold ranks #1206 out of 2569 companies for Cash Ratio. This puts Galleon Gold in the upper half of its industry. The industry median Cash Ratio is 1.86. Galleon Gold's value of 2.26 is 21.5% above this benchmark. Historically, Galleon Gold's own Cash Ratio has ranged from 0.05 to 3.48 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 1.86, Galleon Gold 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 1.86, based on 2,569 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. Galleon Gold's current Cash Ratio of 2.26 is 21.5% 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 Galleon Gold and its competitors. For the Metals & Mining industry, the median Cash Ratio is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Galleon Gold's current Cash Ratio is 2.26, which is 326% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galleon Gold stock overvalued right now?
Galleon Gold (GGOXF) has a current Cash Ratio of 2.26. The current Cash Ratio is 2.26, which is 326% above median its 10-year median of 0.53 and 21.5% above the Metals & Mining industry median of 1.86. Galleon Gold's overall GF Score™ is 29/100 with 2 warning signs 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 Galleon Gold (GGOXF), the current Cash Ratio is 2.26 as of May. 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.

Galleon Gold Business Description

Other Exchanges 3H90:GermanyGGO:Canada
Address 161 Bay Street, 27th Floor, Suite 2700, PO Box 508, TD Canada Trust Tower, Toronto, ON, CAN, M5J 2S1
Galleon Gold Corp is in the business of acquiring, exploring, and developing mineral properties in Canada and the United States, mainly those containing gold, silver, and associated base and precious metals. The two key projects in the company's portfolio are the West Cache Gold project, located in the mining division of Porcupine and Larder Lake in Ontario, and the Golden Trove Project, located in Idaho, USA. Additionally, it also holds interests in the Golden Harker property, located in Harker Township, Ontario, and the Eastford Lake property, located in the Timmins Porcupine Mining Camp.
29GF Score

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$0.87
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