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Blue GoldBGL -4.67%12 Cash-to-Debt is 0.20 as of Dec. 2025, which is 54% above its 10-year median of 0.13. GuruFocus rates BGL with a GF Score™ of 12/100. The stock has 2 warning signs investors should review. Among 2,620 Metals & Mining companies, Blue Gold ranks worse than 88.85% on this metric.
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. Blue Gold's cash to debt ratio for the quarter that ended in Dec. 2025 was 0.20.
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, Blue Goldcouldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
The historical rank and industry rank for Blue Gold's Cash-to-Debt or its related term are showing as below:
BGL'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.13 Max: 0.2
Current: 0.2
During the past 3 years, Blue Gold's highest Cash to Debt Ratio was 0.20. The lowest was 0.07. And the median was 0.13.
BGL's Cash-to-Debt is ranked worse than 88.85% of 2620
companies
in the Metals & Mining industry
Industry Median: 35.47
vs BGL: 0.20
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.
Blue Gold Cash-to-Debt Related Terms
Blue Gold Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Blue 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.
Blue Gold Cash-to-Debt Chart
Blue Gold Annual Data
Trend
Dec23
Dec24
Dec25
Cash-to-Debt
0.00
0.07
0.20
Blue Gold Semi-Annual Data
Dec23
Jun24
Dec24
Jun25
Dec25
Cash-to-Debt
0.00
0.00
0.07
0.10
0.20
BGL vs NGLD, ALGLF, PGOL: Cash-to-Debt Comparison
For the Gold subindustry, Blue 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.
Blue Gold Cash-to-Debt vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Blue Gold's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Blue Gold's Cash-to-Debt falls into.
* 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.
Blue Gold (BGL) has a Cash-to-Debt of 0.20 as of Dec. 2025. This is 54% above median its historical median of 0.13. Over the past decade, Blue Gold's Cash-to-Debt has ranged from 0.07 to 0.20. According to the industry distribution chart, Blue Gold ranks #2328 out of 2620 companies in the Metals & Mining industry, placing it in the top 88.9%.
Is Blue Gold's Cash-to-Debt too high?
Blue Gold's current Cash-to-Debt of 0.20 is 54% above median its 10-year median of 0.13. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.20. The Metals & Mining industry median Cash-to-Debt is 35.47. Blue Gold's value of 0.20 is 99.4% below this industry median. Based on the distribution chart, Blue Gold ranks #2328 out of 2620 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Blue Gold has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Blue Gold's Cash-to-Debt compare to NGLD and ALGLF?
According to the Metals & Mining industry distribution chart, Blue Gold ranks #2328 out of 2620 companies for Cash-to-Debt. This places Blue Gold in the lower half of its industry. The industry median Cash-to-Debt is 35.47. Blue Gold's value of 0.20 is 99.4% below this benchmark. Historically, Blue Gold's own Cash-to-Debt has ranged from 0.07 to 0.20 over the past decade. While the company's 10-year median is 0.13 vs. the industry median of 35.47, Blue Gold has consistently been below 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-to-Debt for a Metals & Mining company?
The median Cash-to-Debt among Metals & Mining companies is 35.47, based on 2,620 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blue Gold's current Cash-to-Debt of 0.20 is 99.4% below 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-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Metals & Mining industry, the median Cash-to-Debt is 35.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Gold's current Cash-to-Debt is 0.20, which is 54% above median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Gold stock overvalued right now?
Blue Gold (BGL) has a current Cash-to-Debt of 0.20. The current Cash-to-Debt is 0.20, which is 54% above median its 10-year median of 0.13 and 99.4% below the Metals & Mining industry median of 35.47. Blue Gold's overall GF Score™ is 12/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Blue Gold (BGL), the current Cash-to-Debt is 0.20 as of Dec. 2025. 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.
Blue Gold Ltd is a gold mining company engaged in the business of developing, financing, licensing, and operating gold mines in Ghana and elsewhere. Its flagship project is the Bogoso Prestea Mine in Ghana's Ashanti Gold Belt.
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