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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. Calidus Resources's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.13.
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, Calidus Resourcescouldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.
The historical rank and industry rank for Calidus Resources's Cash-to-Debt or its related term are showing as below:
CALRF's Cash-to-Debt is not ranked *
in the Metals & Mining industry.
Industry Median: 35.47 * Ranked among companies with meaningful Cash-to-Debt only.
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.
Calidus Resources Cash-to-Debt Related Terms
Calidus Resources Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Calidus Resources'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.
For the Gold subindustry, Calidus Resources'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.
Calidus Resources Cash-to-Debt vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Calidus Resources's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Calidus Resources'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.
Calidus Resources (CALRF) has a Cash-to-Debt of 0.13 as of Dec. 2023.
Is Calidus Resources' Cash-to-Debt too high?
Calidus Resources' current Cash-to-Debt is 0.13. The Metals & Mining industry median Cash-to-Debt is 35.47. Calidus Resources' value of 0.13 is 99.6% below this industry median. Overall, Calidus Resources has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Calidus Resources' Cash-to-Debt compare to NEM and AU?
Calidus Resources' Cash-to-Debt of 0.13 can be compared against companies in the Metals & Mining industry. The industry median Cash-to-Debt is 35.47. Calidus Resources' value of 0.13 is 99.6% below this benchmark. 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. Calidus Resources's current Cash-to-Debt of 0.13 is 99.6% 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. Calidus Resources's current Cash-to-Debt is 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calidus Resources stock overvalued right now?
Calidus Resources (CALRF) has a current Cash-to-Debt of 0.13. The current Cash-to-Debt is 0.13 and 99.6% below the Metals & Mining industry median of 35.47. Calidus Resources' overall GF Score™ is 28/100. 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 Calidus Resources (CALRF), the current Cash-to-Debt is 0.13 as of Dec. 2023. 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.
Calidus Resources Ltd is gold mining and mineral exploration company. It interests in Warrawoona Gold Project in the East Pilbara district of the Pilbara Goldfield in Western Australia. It also targets Blue Spec Project and the Otways Prospect. The company earns maximum revenue from Gold sales.
28GF Score
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