GNRGF (General Copper Gold) Cash-to-Debt : 0.04 (As of May. 2024)

View and export this data going back to 2021. Start your Free Trial

What is General Copper Gold 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. General Copper Gold's cash to debt ratio for the quarter that ended in May. 2024 was 0.04.

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, General Copper Gold couldn't pay off its debt using the cash in hand for the quarter that ended in May. 2024.

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

GNRGF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 13 Max: No Debt
Current: 0.06

During the past 4 years, General Copper Gold's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 13.00.

GNRGF's Cash-to-Debt is ranked worse than
92.33% of 2606 companies
in the Metals & Mining industry
Industry Median: 17.89 vs GNRGF: 0.06

General Copper Gold Cash-to-Debt Historical Data

The historical data trend for General Copper 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.

* Premium members only.

General Copper Gold Cash-to-Debt Chart

General Copper Gold Annual Data

Trend

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

0.01

No Debt

245.00

5.50

General Copper Gold Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Cash-to-Debt	Get a 7-Day Free Trial														No Debt	5.50	0.17	0.08	0.04

Competitive Comparison of General Copper Gold's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, General Copper 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.

General Copper Gold's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

General Copper 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.

General Copper Gold's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	0.011	/	(0.002	+	0)
	=	5.50

General Copper Gold's Cash to Debt Ratio for the quarter that ended in May. 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)
	=	0.001	/	(0.026	+	0)
	=	0.04

General Copper Gold (OTCPK:GNRGF) 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.

General Copper Gold Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of General Copper Gold's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

General Copper Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » General Copper Gold Corp (OTCPK:GNRGF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GGLD:Canada

Address

1558 West Hastings Street, Vancouver, BC, CAN, V6G3J4

Website

https://www.generalgold.ca

General Copper Gold Corp is an independent mineral exploration company. It is engaged in the business of exploring and evaluating mineral properties. The company is exploring 770 hectares of Clark's Brook gold property in central Newfoundland as well as the 2,313 hectares of Topley Richfield copper-gold property in British Columbia.

General Copper Gold Headlines

No Headlines