Endomines Finland Oyj (FRA:H13) Cash-to-Debt : 0.14 (As of Jun. 2024)

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What is Endomines Finland Oyj 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. Endomines Finland Oyj's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.14.

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, Endomines Finland Oyj couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

The historical rank and industry rank for Endomines Finland Oyj's Cash-to-Debt or its related term are showing as below:

FRA:H13' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.09 Max: 0.35
Current: 0.14

During the past 4 years, Endomines Finland Oyj's highest Cash to Debt Ratio was 0.35. The lowest was 0.07. And the median was 0.09.

FRA:H13's Cash-to-Debt is ranked worse than
87.14% of 2605 companies
in the Metals & Mining industry
Industry Median: 17.97 vs FRA:H13: 0.14

Endomines Finland Oyj Cash-to-Debt Historical Data

The historical data trend for Endomines Finland Oyj'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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Endomines Finland Oyj Cash-to-Debt Chart

Endomines Finland Oyj Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.07

0.35

0.08

Endomines Finland Oyj Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial			N/A	0.35	0.09	0.08	0.14

Competitive Comparison of Endomines Finland Oyj's Cash-to-Debt

For the Gold subindustry, Endomines Finland Oyj'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.

Endomines Finland Oyj's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Endomines Finland Oyj's Cash-to-Debt falls into.

Endomines Finland Oyj 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.

Endomines Finland Oyj's Cash to Debt Ratio for the fiscal year 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)
	=	1.2	/	(0	+	16)
	=	0.08

Endomines Finland Oyj's Cash to Debt Ratio for the quarter that ended in Jun. 2024 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)
	=	3	/	(6.7	+	14.1)
	=	0.14

Endomines Finland Oyj (FRA:H13) 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.

Endomines Finland Oyj Cash-to-Debt Related Terms

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Endomines Finland Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Endomines Finland Oyj (FRA:H13) » Definitions » Cash-to-Debt

Traded in Other Exchanges

PAMPALO:Finland

Address

Ahventie 4 A, Espoo, FIN, 02170

Website

https://www.endomines.com

Endomines Finland Oyj is a mining and exploration company with a primary focus on gold. It is engaged in mining operations at the Pampalo mine in Ilomantsi, and in exploration activities along the Karelian Gold Line in Eastern Finland. It also owns the rights to seven gold deposits in the United States. The company's reportable operating segments are; Pampalo production, Karelian gold line, and USA operations. The Pampalo production segment which generates key revenue for the company consists of the operations of the underground mine and open pit, the operations of the concentrator, and the sale of gold concentrate.

Endomines Finland Oyj Headlines

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