Dynacor Group (TSX:DNG) Cash-to-Debt : 70.68 (As of Sep. 2024)

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What is Dynacor 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. Dynacor Group's cash to debt ratio for the quarter that ended in Sep. 2024 was 70.68.

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, Dynacor Group could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

TSX:DNG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.95 Med: 20.2 Max: 127.41
Current: 70.68

During the past 13 years, Dynacor Group's highest Cash to Debt Ratio was 127.41. The lowest was 0.95. And the median was 20.20.

TSX:DNG's Cash-to-Debt is ranked better than
57.97% of 2605 companies
in the Metals & Mining industry
Industry Median: 17.97 vs TSX:DNG: 70.68

Dynacor Group Cash-to-Debt Historical Data

The historical data trend for Dynacor 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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Dynacor Group Cash-to-Debt Chart

Dynacor Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.56

16.51

78.29

35.68

34.46

Dynacor Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															49.64	34.46	44.58	57.88	70.68

Competitive Comparison of Dynacor Group's Cash-to-Debt

For the Other Precious Metals & Mining subindustry, Dynacor 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.

Dynacor Group's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Dynacor 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.

Dynacor Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	29.397	/	(0.076	+	0.777)
	=	34.46

Dynacor Group's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	55.551	/	(0.05	+	0.736)
	=	70.68

Dynacor Group (TSX:DNG) 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.

Dynacor Group Cash-to-Debt Related Terms

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Dynacor Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Dynacor Group Inc (TSX:DNG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

DNGDF:USA OA5:Germany

Address

625 Rene-Levesque Boulevard West, Suite 1200, Montreal, QC, CAN, H3B 1R2

Website

https://www.dynacor.com

Dynacor Group Inc is a dividend-paying gold production Corporation. It is engaged in production activity through its government-approved ore processing operations. The company's operating segment is the mining sector, which is comprised of the exploration, evaluation, and processing of mineral resources. It produces and explores various properties in Peru such as Tumipampa and Anta. The company currently operates the plant in Veta Dorada. The firm generates revenue from the sales of precious metals derived from the ore processing operation.

Executives

Réjean Gourde	Director
Maria Del Rocio Rodriguez Espinoza	Director
Jean Martineau	Director, Senior Officer
Roger Demers	Director
Pierre Lépine	Director
Philippe Chave	Director
Cyril Gradis	Director

Dynacor Group Headlines

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