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Cantex Mine DevelopmentCTXDF -0.50%34 Cash-to-Debt is No Debt (1) as of Apr. 2026, which is 100% below its 10-year median of 56.35. GuruFocus rates CTXDF with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 2,613 Metals & Mining companies, Cantex Mine Development ranks worse than 55.57% 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. Cantex Mine Development's cash to debt ratio for the quarter that ended in Apr. 2026 was No Debt (1).
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, Cantex Mine Developmentcould pay off its debt using the cash in hand for the quarter that ended in Apr. 2026.
(1) 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.
The historical rank and industry rank for Cantex Mine Development's Cash-to-Debt or its related term are showing as below:
CTXDF'
s Cash-to-Debt Range Over the Past 10 Years
Min: 1.69 Med: 56.35 Max: No Debt
Current: 14.78
During the past 13 years, Cantex Mine Development's highest Cash to Debt Ratio was No Debt. The lowest was 1.69. And the median was 56.35.
CTXDF's Cash-to-Debt is ranked worse than 55.57% of 2613
companies
in the Metals & Mining industry
Industry Median: 34.75
vs CTXDF: 14.78
Cantex Mine Development (OTCPK:CTXDF) 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.
Cantex Mine Development Cash-to-Debt Related Terms
Cantex Mine Development Cash-to-Debt Historical Data
* 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.
Cantex Mine Development Cash-to-Debt Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Cantex Mine Development'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.
Cantex Mine Development Cash-to-Debt vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Cantex Mine Development's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Cantex Mine Development's Cash-to-Debt falls into.
Cantex Mine Development's Cash to Debt Ratio for the quarter that ended in Apr. 2026 is calculated as:
Cantex Mine Development had no debt (1).
* 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.
What does a Cash-to-Debt of No Debt <sup>(1)</sup> mean?
Cantex Mine Development (CTXDF) has a Cash-to-Debt of No Debt (1) as of Apr. 2026. This is 98% below median its historical median of 56.35. Over the past decade, Cantex Mine Development's Cash-to-Debt has ranged from 1.69 to 10,000.00. According to the industry distribution chart, Cantex Mine Development ranks #1452 out of 2613 companies in the Metals & Mining industry, placing it in the top 55.6%.
Is Cantex Mine Development's Cash-to-Debt too high?
Cantex Mine Development's current Cash-to-Debt of No Debt (1) is 98% below median its 10-year median of 56.35. Over the past 10 years, this metric has ranged from a low of 1.69 to a high of 10,000.00. Based on the distribution chart, Cantex Mine Development ranks #1452 out of 2613 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Cantex Mine Development has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Cantex Mine Development's Cash-to-Debt compare to competitors?
According to the Metals & Mining industry distribution chart, Cantex Mine Development ranks #1452 out of 2613 companies for Cash-to-Debt. This places Cantex Mine Development in the lower half of its industry. The industry median Cash-to-Debt is 34.75. Historically, Cantex Mine Development's own Cash-to-Debt has ranged from 1.69 to 10,000.00 over the past decade. 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 34.75, based on 2,613 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. 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 34.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cantex Mine Development's current Cash-to-Debt is No Debt (1), which is 98% below median its own 10-year median of 56.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cantex Mine Development stock overvalued right now?
Cantex Mine Development (CTXDF) has a current Cash-to-Debt of No Debt (1). The current Cash-to-Debt is No Debt (1), which is 98% below median its 10-year median of 56.35. Cantex Mine Development's overall GF Score™ is 34/100 with 1 warning sign 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 Cantex Mine Development (CTXDF), the current Cash-to-Debt is No Debt (1) as of Apr. 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.
Cantex Mine Development Corp is engaged in the acquisition and exploration of mineral properties. Its principal project is located northeast of Mayo in the Yukon Territory, where the Company holds three claim blocks staked over prospective areas identified through a regional heavy mineral survey. The Company also has gold exploration projects in Nevada and an advanced gold project in the Republic of Yemen, which is currently under force majeure. it operates in a single mineral exploration segment with geographical presence in Canada, the United States, and Yemen.
34GF Score
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