Thesis Gold (Thesis Gold) Cash-to-Debt : 207.08 (As of Nov. 2023)

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What is Thesis 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. Thesis Gold's cash to debt ratio for the quarter that ended in Nov. 2023 was 207.08.

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, Thesis Gold could pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

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

THSGF' s Cash-to-Debt Range Over the Past 10 Years
Min: 36.74 Med: No Debt Max: No Debt
Current: 207.42

During the past 12 years, Thesis Gold's highest Cash to Debt Ratio was No Debt. The lowest was 36.74. And the median was No Debt.

THSGF's Cash-to-Debt is ranked better than
62.75% of 2636 companies
in the Metals & Mining industry
Industry Median: 17.875 vs THSGF: 207.42

Thesis Gold Cash-to-Debt Historical Data

The historical data trend for Thesis 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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Thesis Gold Cash-to-Debt Chart

Thesis Gold Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Cash-to-Debt

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No Debt

172.06

150.48

Thesis Gold Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Cash-to-Debt	Get a 7-Day Free Trial															127.53	150.48	161.20	330.32	207.08

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

For the Other Industrial Metals & Mining subindustry, Thesis 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.

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

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

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

Thesis 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.

Thesis Gold's Cash to Debt Ratio for the fiscal year that ended in Feb. 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)
	=	12.791	/	(0.069	+	0.016)
	=	150.48

Thesis Gold's Cash to Debt Ratio for the quarter that ended in Nov. 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)
	=	7.869	/	(0.038	+	0)
	=	207.08

Thesis Gold (OTCPK:THSGF) 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.

Thesis Gold Cash-to-Debt Related Terms

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Thesis Gold (Thesis Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Thesis Gold Inc (OTCPK:THSGF) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

0110:Germany TAU:Canada

Address

10545-45 Avenue NW, 250 Southridge NW, Suite 300, Edmonton, AB, CAN, T6H 4M9

Website

https://www.benchmarkmetals.com

Thesis Gold Inc Formerly Benchmark Metals Inc is a gold and silver company advancing its 100% owned Lawyer's Gold-Silver Project located in the Golden Horseshoe of northern British Columbia, Canada. The project consists of three mineralized deposits that remain open for expansion, in addition to plus 20 new target areas along the 20-kilometre trend.