Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
McFarlane Lake MiningMLMLF +17.72%19 Cash-to-Debt is 0.37 as of May. 2026, which is 92% below its 10-year median of 4.56. GuruFocus rates MLMLF with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 2,617 Metals & Mining companies, McFarlane Lake Mining ranks worse than 82.69% on this metric.
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. McFarlane Lake Mining's cash to debt ratio for the quarter that ended in May. 2026 was 0.37.
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, McFarlane Lake Miningcouldn't pay off its debt using the cash in hand for the quarter that ended in May. 2026.
The historical rank and industry rank for McFarlane Lake Mining's Cash-to-Debt or its related term are showing as below:
MLMLF'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.37 Med: 4.56 Max: 26.8
Current: 0.37
During the past 4 years, McFarlane Lake Mining's highest Cash to Debt Ratio was 26.80. The lowest was 0.37. And the median was 4.56.
MLMLF's Cash-to-Debt is ranked worse than 82.69% of 2617
companies
in the Metals & Mining industry
Industry Median: 33.74
vs MLMLF: 0.37
McFarlane Lake Mining (OTCPK:MLMLF) 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.
McFarlane Lake Mining Cash-to-Debt Related Terms
McFarlane Lake Mining Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for McFarlane Lake Mining'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.
For the Gold subindustry, McFarlane Lake Mining'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.
McFarlane Lake Mining Cash-to-Debt vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, McFarlane Lake Mining's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where McFarlane Lake Mining's Cash-to-Debt falls into.
* 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.
McFarlane Lake Mining (MLMLF) has a Cash-to-Debt of 0.37 as of May. 2026. This is 92% below median its historical median of 4.56. Over the past decade, McFarlane Lake Mining's Cash-to-Debt has ranged from 0.37 to 26.80. According to the industry distribution chart, McFarlane Lake Mining ranks #2164 out of 2617 companies in the Metals & Mining industry, placing it in the top 82.7%.
Is McFarlane Lake Mining's Cash-to-Debt too high?
McFarlane Lake Mining's current Cash-to-Debt of 0.37 is 92% below median its 10-year median of 4.56. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 26.80. The Metals & Mining industry median Cash-to-Debt is 33.74. McFarlane Lake Mining's value of 0.37 is 98.9% below this industry median. Based on the distribution chart, McFarlane Lake Mining ranks #2164 out of 2617 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, McFarlane Lake Mining has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does McFarlane Lake Mining's Cash-to-Debt compare to NEM and AU?
According to the Metals & Mining industry distribution chart, McFarlane Lake Mining ranks #2164 out of 2617 companies for Cash-to-Debt. This places McFarlane Lake Mining in the lower half of its industry. The industry median Cash-to-Debt is 33.74. McFarlane Lake Mining's value of 0.37 is 98.9% below this benchmark. Historically, McFarlane Lake Mining's own Cash-to-Debt has ranged from 0.37 to 26.80 over the past decade. While the company's 10-year median is 4.56 vs. the industry median of 33.74, McFarlane Lake Mining has consistently been below the industry average. 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 33.74, based on 2,617 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. McFarlane Lake Mining's current Cash-to-Debt of 0.37 is 98.9% 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 33.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McFarlane Lake Mining's current Cash-to-Debt is 0.37, which is 92% below median its own 10-year median of 4.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McFarlane Lake Mining stock overvalued right now?
McFarlane Lake Mining (MLMLF) has a current Cash-to-Debt of 0.37. The current Cash-to-Debt is 0.37, which is 92% below median its 10-year median of 4.56 and 98.9% below the Metals & Mining industry median of 33.74. McFarlane Lake Mining's overall GF Score™ is 19/100 with 2 warning signs to review. 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 McFarlane Lake Mining (MLMLF), the current Cash-to-Debt is 0.37 as of May. 2026. 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.
McFarlane Lake Mining Ltd is a gold exploration and development company currently engaged in the acquisition & assessment of gold properties. Its properties include, Munro and McMillan, Juby Gold Project. The company has acquired six gold properties. It is a Canadian gold exploration and development company.
19GF Score
Get the complete analysis for MLMLF
Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MLMLF has been successfully added to your 
