Barton Gold Holdings (ASX:BGD) Cash-to-Debt : 56.31 (As of Dec. 2023)

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What is Barton Gold Holdings 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. Barton Gold Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 56.31.

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, Barton Gold Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

ASX:BGD' s Cash-to-Debt Range Over the Past 10 Years
Min: 56.31 Med: 97.67 Max: No Debt
Current: 56.31

During the past 3 years, Barton Gold Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 56.31. And the median was 97.67.

ASX:BGD's Cash-to-Debt is ranked better than
56.89% of 2642 companies
in the Metals & Mining industry
Industry Median: 18.42 vs ASX:BGD: 56.31

Barton Gold Holdings Cash-to-Debt Historical Data

The historical data trend for Barton Gold Holdings'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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Barton Gold Holdings Cash-to-Debt Chart

Barton Gold Holdings Annual Data

Trend

Jun21

Jun22

Jun23

Cash-to-Debt

No Debt

92.49

Barton Gold Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	66.05	92.49	56.31

Competitive Comparison of Barton Gold Holdings's Cash-to-Debt

For the Gold subindustry, Barton Gold Holdings'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.

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

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

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

Barton Gold Holdings 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.

Barton Gold Holdings's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	10.451	/	(0.053	+	0.06)
	=	92.49

Barton Gold Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	4.617	/	(0.022	+	0.06)
	=	56.30

Barton Gold Holdings (ASX:BGD) 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.

Barton Gold Holdings Cash-to-Debt Related Terms

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Barton Gold Holdings (ASX:BGD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Barton Gold Holdings Ltd (ASX:BGD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BGDFF:USA BGD3:Germany

Address

12 Gilles Street, Level 4, Adelaide, SA, AUS, 5000

Website

https://www.bartongold.com.au

Barton Gold Holdings Ltd is a mineral exploration company. Its projects comprise Tarcoola, Tunkillia, and Challenger, among others. The company operates in one operating segment, being exploration in Australia.

Barton Gold Holdings (ASX:BGD) Headlines

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