Jaguar Mining (TSX:JAG) Cash-to-Debt : 5.22 (As of Sep. 2024)

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What is Jaguar Mining 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. Jaguar Mining's cash to debt ratio for the quarter that ended in Sep. 2024 was 5.22.

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, Jaguar Mining 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 Jaguar Mining's Cash-to-Debt or its related term are showing as below:

TSX:JAG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 1.58 Max: 8.59
Current: 5.22

During the past 13 years, Jaguar Mining's highest Cash to Debt Ratio was 8.59. The lowest was 0.12. And the median was 1.58.

TSX:JAG's Cash-to-Debt is ranked worse than
57.96% of 2593 companies
in the Metals & Mining industry
Industry Median: 17.79 vs TSX:JAG: 5.22

Jaguar Mining Cash-to-Debt Historical Data

The historical data trend for Jaguar 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.

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Jaguar Mining Cash-to-Debt Chart

Jaguar Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.27

6.73

5.86

3.60

3.77

Jaguar Mining 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															3.32	3.77	5.23	8.59	5.22

Competitive Comparison of Jaguar Mining's Cash-to-Debt

For the Gold subindustry, Jaguar 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.

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

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

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

Jaguar Mining 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.

Jaguar Mining'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)
	=	29.57	/	(7.041	+	0.794)
	=	3.77

Jaguar Mining'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)
	=	56.35	/	(6.062	+	4.736)
	=	5.22

Jaguar Mining (TSX:JAG) 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.

Jaguar Mining Cash-to-Debt Related Terms

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Jaguar Mining Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

JAGGF:USA 32JP:Germany 32JP:Germany

Address

25 Adelaide Street East, Suite 1400, Toronto, ON, CAN, M5C 3A1

Website

https://www.jaguarmining.com

Jaguar Mining Inc is a junior gold mining company. The company is engaged in producing gold, development, and exploration company operating in the Iron Quadrangle, a prolific greenstone belt located in Minas Gerais, Brazil. The company is focused on the acquisition, exploration, development, and operation of gold-producing properties in Brazil. The principal operating assets of the company are MTL Complex, Caete Complex, Paciencia Complex, Faina Project, Oncas De Pitangui Project, and others. The company also owns the Paciencia Gold Mine Complex.

Executives

Jonathan Victor Hill	Senior Officer
Vernon Casey Baker	Senior Officer
2176423 Ontario Ltd.	10% Security Holder
Eric Sprott	10% Security Holder
Alfred Aguilar Colas	Senior Officer
Eric S. Sprott	10% Security Holder
William Jeffrey Kennedy	Director
Mary-lynn Ida Oke	Director
Luis Ricardo Miraglia	Director
John Jackson Ellis	Director
Benjamin Wayne Guenther	Director, Senior Officer
Thomas Sun Weng	Director
Hashim Ahmed	Senior Officer
L.p. Tocqueville Asset Management	10% Security Holder
Rodney Lamond	Director