Great Western Minerals Group (Great Western Minerals Group) Cash-to-Debt : 0.18 (As of Sep. 2014)

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What is Great Western Minerals Group 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. Great Western Minerals Group's cash to debt ratio for the quarter that ended in Sep. 2014 was 0.18.

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, Great Western Minerals Group couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2014.

The historical rank and industry rank for Great Western Minerals Group's Cash-to-Debt or its related term are showing as below:

GWMGF's Cash-to-Debt is not ranked ^*
in the Metals & Mining industry.
Industry Median: 17.62
* Ranked among companies with meaningful Cash-to-Debt only.

Great Western Minerals Group Cash-to-Debt Historical Data

The historical data trend for Great Western Minerals Group'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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Great Western Minerals Group Cash-to-Debt Chart

Great Western Minerals Group Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Cash-to-Debt

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0.64

16.04

No Debt

0.84

0.39

Great Western Minerals Group Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
Cash-to-Debt	Get a 7-Day Free Trial															0.49	0.39	0.30	0.19	0.18

Competitive Comparison of Great Western Minerals Group's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Great Western Minerals Group'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.

Great Western Minerals Group's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Great Western Minerals Group's Cash-to-Debt falls into.

Great Western Minerals Group 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.

Great Western Minerals Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2013 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)
	=	24.03	/	(0	+	61.87)
	=	0.39

Great Western Minerals Group's Cash to Debt Ratio for the quarter that ended in Sep. 2014 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)
	=	12.257	/	(0	+	68.056)
	=	0.18

Great Western Minerals Group (OTCPK:GWMGF) 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.

Great Western Minerals Group Cash-to-Debt Related Terms

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Great Western Minerals Group (Great Western Minerals Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Great Western Minerals Group Ltd (OTCPK:GWMGF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 201B, 2121 Airport Drive, Saskatoon, SK, CAN, S7L 6W5

Website

http://www.gwmg.ca

Great Western Minerals Group Ltd is a Canadian-based exploration and development company, which is engaged in the exploration and development of its rare earth elements (REE) property, and the manufacturing and marketing of products containing REE. The company operates as an integrated rare earth processor which manufactures specialty alloys used in the magnet, battery, defense and aerospace industries. It holds an interest in the Steenkampskraal monazite mine, located approximately 350 kilometers northwest of Cape Town, South Africa. Further, the group also holds an interest in Hoidas Lake rare earth mineral property in Canada.

Great Western Minerals Group (Great Western Minerals Group) Headlines

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