New World Gold (New World Gold) Cash-to-Debt : 0.00 (As of . 20)

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What is New World 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. New World Gold's cash to debt ratio for the quarter that ended in . 20 was 0.00.

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, New World Gold couldn't pay off its debt using the cash in hand for the quarter that ended in . 20.

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

NWGC'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.

New World Gold Cash-to-Debt Historical Data

The historical data trend for New World 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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New World Gold Cash-to-Debt Chart

New World Gold Annual Data

Trend

Cash-to-Debt

New World Gold Quarterly Data

Cash-to-Debt

Competitive Comparison of New World Gold's Cash-to-Debt

For the Gold subindustry, New World 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.

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

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

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

New World 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.

New World Gold's Cash to Debt Ratio for the fiscal year that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

New World Gold's Cash to Debt Ratio for the quarter that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

New World Gold (OTCPK:NWGC) 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.

New World Gold Cash-to-Debt Related Terms

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