LGCFF (Lavras Gold) Cash-to-Debt : 10.16 (As of Dec. 2024)

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What is Lavras 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. Lavras Gold's cash to debt ratio for the quarter that ended in Dec. 2024 was 10.16.

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, Lavras Gold could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

LGCFF' s Cash-to-Debt Range Over the Past 10 Years
Min: 10.12 Med: 15.47 Max: 54.45
Current: 10.12

During the past 4 years, Lavras Gold's highest Cash to Debt Ratio was 54.45. The lowest was 10.12. And the median was 15.47.

LGCFF's Cash-to-Debt is ranked worse than
53.99% of 2584 companies
in the Metals & Mining industry
Industry Median: 21.225 vs LGCFF: 10.12

Lavras Gold Cash-to-Debt Historical Data

The historical data trend for Lavras 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.

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Lavras Gold Cash-to-Debt Chart

Lavras Gold Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

N/A

15.48

54.20

10.16

Lavras Gold Quarterly Data
	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial										54.20	49.76	37.79	27.69	10.16

Competitive Comparison of Lavras Gold's Cash-to-Debt

For the Gold subindustry, Lavras 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.

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

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

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

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Lavras 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.

Lavras Gold's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	1.158	/	(0.042	+	0.072)
	=	10.16

Lavras Gold's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	1.158	/	(0.042	+	0.072)
	=	10.16

Lavras Gold (OTCPK:LGCFF) 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.

Lavras Gold Cash-to-Debt Related Terms

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Lavras Gold Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

LGC:Canada

Address

82 Richmond Street East, Suite 201, Toronto, ON, CAN, M5C 1P1

Website

https://www.lavrasgold.com

Lavras Gold Corp is a exploration company engaged in the exploration and development of the Lavras do Sul gold project located in the state of Rio Grande do Sul, Brazil. The Lavras do Sul gold project is an advanced exploration stage property that is approximately 190 square km in size and comprised of more than 23 prospects centered on historic gold workings. The Company's Current projects include Butia Gold Prospect and the LDS project in Brazil.