Alerio Gold (Alerio Gold) Cash-to-Debt : 0.00 (As of Feb. 2024)

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What is Alerio 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. Alerio Gold's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.00.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Alerio Gold couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

During the past 6 years, Alerio Gold's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was No Debt.

ALEEF's Cash-to-Debt is not ranked ^*
in the Metals & Mining industry.
Industry Median: 17.81
* Ranked among companies with meaningful Cash-to-Debt only.

Alerio Gold Cash-to-Debt Historical Data

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

Alerio Gold Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

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No Debt

Alerio Gold Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															0.27	-	-	-	-

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

For the Other Industrial Metals & Mining subindustry, Alerio 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.

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

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

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

Alerio 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.

Alerio Gold's Cash to Debt Ratio for the fiscal year that ended in Aug. 2023 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)
	=	0	/	(0.178	+	0)
	=	0.00

Alerio Gold's Cash to Debt Ratio for the quarter that ended in Feb. 2024 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)
	=	0	/	(0.221	+	0)
	=	0.00

Alerio Gold (OTCPK:ALEEF) 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.

Alerio Gold Cash-to-Debt Related Terms

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Alerio Gold (Alerio Gold) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

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Address

409 Granville Street, Suite 459, Vancouver, BC, CAN, V6C 1T2

Website

https://www.aleriogold.com

Alerio Gold Corp is a mineral exploration and development company engaged in acquiring, exploring, and developing natural resource properties, with a focus in Guyana, South America. The company currently has 100% interest in two gold properties located in Guyana the Tassawini Property, the Puruni gold Project, and the Harpy Property.

Alerio Gold (Alerio Gold) Headlines

From GuruFocus

Alerio Gold Prepares for Exploration Activities in Guyana

By ACCESSWIRE ACCESSWIRE • 03-31-2022

Alerio Gold Corp. Announces Listing on Frankfurt Stock Exchange

By ACCESSWIRE ACCESSWIRE • 11-22-2021

Alerio Gold Advances Tassawini Gold Project in Guyana

By ACCESSWIRE ACCESSWIRE • 07-12-2022

Alerio and Auracle Collaboration Identifies Four New Significant Exploration Targets at Tassawini

By ACCESSWIRE ACCESSWIRE • 04-12-2023