BHK Mining (TSXV:BHK.H) Cash-to-Debt : 0.45 (As of Mar. 2017)

View and export this data going back to 2013. Start your Free Trial

What is BHK 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. BHK Mining's cash to debt ratio for the quarter that ended in Mar. 2017 was 0.45.

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, BHK Mining couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2017.

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

TSXV:BHK.H's Cash-to-Debt is not ranked ^*
in the Metals & Mining industry.
Industry Median: 17.605
* Ranked among companies with meaningful Cash-to-Debt only.

BHK Mining Cash-to-Debt Historical Data

The historical data trend for BHK 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.

* Premium members only.

BHK Mining Cash-to-Debt Chart

BHK Mining Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Cash-to-Debt

No Debt

1.52

BHK Mining Quarterly Data
	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Cash-to-Debt	Get a 7-Day Free Trial												No Debt	No Debt	No Debt	1.52	0.45

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

For the Other Industrial Metals & Mining subindustry, BHK 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.

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

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

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

BHK 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.

BHK Mining's Cash to Debt Ratio for the fiscal year that ended in Dec. 2016 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)
	=	0.05	/	(0.033	+	0)
	=	1.52

BHK Mining's Cash to Debt Ratio for the quarter that ended in Mar. 2017 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)
	=	0.06	/	(0.133	+	0)
	=	0.45

BHK Mining (TSXV:BHK.H) 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.

BHK Mining Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of BHK Mining's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

BHK Mining (TSXV:BHK.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » BHK Mining Corp (TSXV:BHK.H) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1030 West Georgia Street, Suite 717, Vancouver, BC, CAN, V6E 2Y3

Website

http://www.bhkminingcorp.com

BHK Mining Corp is a mineral exploration company. It is engaged in the exploration and development of the Ndjole Project and exploration projects in Gabon. The company primarily explores for manganese and gold deposits.

BHK Mining (TSXV:BHK.H) Headlines

No Headlines