GANDF (Gander Gold) Cash-to-Debt: 0.01 (As of Mar. 2025)

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What is Gander Gold Cash-to-Debt?

Gander Gold GANDF Cash-to-Debt is 0.01 as of Mar. 2025.

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. Gander Gold's cash to debt ratio for the quarter that ended in Mar. 2025 was 0.01.

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, Gander Gold couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2025.

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

GANDF's Cash-to-Debt is not ranked *
in the Metals & Mining industry.
Industry Median: 38.19
* Ranked among companies with meaningful Cash-to-Debt only.

Gander Gold  (OTCPK:GANDF) 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.

Gander Gold Cash-to-Debt Related Terms

Gander Gold Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Gander 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.

Gander Gold Cash-to-Debt Chart

Gander Gold Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Cash-to-Debt
1.67 No Debt No Debt 0.05

Gander Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.05 0.02 0.01 0.01

GANDF vs GTIJF, ENRT, NRHI: Cash-to-Debt Comparison

For the Gold subindustry, Gander 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.

Gander Gold Cash-to-Debt vs Metals & Mining Industry

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

* The bar in red indicates where Gander Gold's Cash-to-Debt falls into.


Gander Gold 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.

Gander Gold's Cash to Debt Ratio for the fiscal year 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)
=0.021 / (0.467 + 0)
=0.04

Gander Gold's Cash to Debt Ratio for the quarter that ended in Mar. 2025 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)
=0.005 / (0.599 + 0)
=0.01

* 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.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 0.01 mean?
Gander Gold (GANDF) has a Cash-to-Debt of 0.01 as of Mar. 2025.
Is Gander Gold's Cash-to-Debt too high?
Gander Gold's current Cash-to-Debt is 0.01. The Metals & Mining industry median Cash-to-Debt is 38.19. Gander Gold's value of 0.01 is 100% below this industry median.
How does Gander Gold's Cash-to-Debt compare to GTIJF and ENRT?
Gander Gold's Cash-to-Debt of 0.01 can be compared against companies in the Metals & Mining industry. The industry median Cash-to-Debt is 38.19. Gander Gold's value of 0.01 is 100% 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 38.19, based on 2,632 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. Gander Gold's current Cash-to-Debt of 0.01 is 100% 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 38.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gander Gold's current Cash-to-Debt is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gander Gold stock overvalued right now?
Gander Gold (GANDF) has a current Cash-to-Debt of 0.01. The current Cash-to-Debt is 0.01 and 100% below the Metals & Mining industry median of 38.19. 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 Gander Gold (GANDF), the current Cash-to-Debt is 0.01 as of Mar. 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.

Gander Gold Business Description

Address 1681 Chestnut Street, Suite 400, Vancouver, BC, CAN, V6J 4M6
Gander Gold Corp is an exploration stage resource company engaged in the identification, acquisition, and exploration of precious and base metals projects in Canada. Its focus is the prospective ground in the Central Newfoundland Gold Belt, on Canada's Atlantic coast. The company's projects in Newfoundland include Gander North, Mt. Peyton, Cape Ray II, BLT, Carmanville Gander South, Hermitage, and Little River.