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K2 GoldFRA:23K -1.92%36 Cash-to-Debt is 332.03 as of Jun. 2026, which is 97% below its 10-year median of 10,000.00. GuruFocus rates FRA:23K with a GF Score™ of 36/100. The stock has 2 warning signs investors should review. Among 2,631 Metals & Mining companies, K2 Gold ranks better than 61.27% 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. K2 Gold's cash to debt ratio for the quarter that ended in Jun. 2026 was 332.03.
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, K2 Goldcould pay off its debt using the cash in hand for the quarter that ended in Jun. 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 K2 Gold's Cash-to-Debt or its related term are showing as below:
FRA:23K'
s Cash-to-Debt Range Over the Past 10 Years
Min: 4.59 Med: No Debt Max: No Debt
Current: 334.26
During the past 13 years, K2 Gold's highest Cash to Debt Ratio was No Debt. The lowest was 4.59. And the median was No Debt.
FRA:23K's Cash-to-Debt is ranked better than 61.27% of 2631
companies
in the Metals & Mining industry
Industry Median: 38.11
vs FRA:23K: 334.26
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.
K2 Gold Cash-to-Debt Related Terms
K2 Gold Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for K2 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.
For the Gold subindustry, K2 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.
K2 Gold Cash-to-Debt vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, K2 Gold's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where K2 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.
K2 Gold (FRA:23K) has a Cash-to-Debt of 332.03 as of Jun. 2026. This is 97% below median its historical median of 10,000.00. Over the past decade, K2 Gold's Cash-to-Debt has ranged from 4.59 to 10,000.00. According to the industry distribution chart, K2 Gold ranks #1019 out of 2631 companies in the Metals & Mining industry, placing it in the top 38.7%.
Is K2 Gold's Cash-to-Debt too high?
K2 Gold's current Cash-to-Debt of 332.03 is 97% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 4.59 to a high of 10,000.00. The Metals & Mining industry median Cash-to-Debt is 38.11. K2 Gold's value of 332.03 is 771.2% above this industry median. Based on the distribution chart, K2 Gold ranks #1019 out of 2631 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, K2 Gold has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does K2 Gold's Cash-to-Debt compare to NEM and AU?
According to the Metals & Mining industry distribution chart, K2 Gold ranks #1019 out of 2631 companies for Cash-to-Debt. This puts K2 Gold in the upper half of its industry. The industry median Cash-to-Debt is 38.11. K2 Gold's value of 332.03 is 771.2% above this benchmark. Historically, K2 Gold's own Cash-to-Debt has ranged from 4.59 to 10,000.00 over the past decade. While the company's 10-year median is 10,000.00 vs. the industry median of 38.11, K2 Gold has consistently been above 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 38.11, based on 2,631 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. K2 Gold's current Cash-to-Debt of 332.03 is 771.2% above 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 38.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. K2 Gold's current Cash-to-Debt is 332.03, which is 97% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is K2 Gold stock overvalued right now?
K2 Gold (FRA:23K) has a current Cash-to-Debt of 332.03. The current Cash-to-Debt is 332.03, which is 97% below median its 10-year median of 10,000.00 and 771.2% above the Metals & Mining industry median of 38.11. K2 Gold's overall GF Score™ is 36/100 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 K2 Gold (FRA:23K), the current Cash-to-Debt is 332.03 as of Jun. 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.
K2 Gold Corp is a North American mineral exploration company with its primary focus being the exploration of gold properties in the Southwest USA and the Yukon Territory. The company has exploration projects: Mojave Project, Si2 Gold Project, Wels Project, and Wolf Project.
36GF Score
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