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Mawson Finland (TSXV:MFL) Cash-to-Debt : 6.49 (As of Nov. 2024)


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What is Mawson Finland 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. Mawson Finland's cash to debt ratio for the quarter that ended in Nov. 2024 was 6.49.

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, Mawson Finland could pay off its debt using the cash in hand for the quarter that ended in Nov. 2024.

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

TSXV:MFL' s Cash-to-Debt Range Over the Past 10 Years
Min: 6.49   Med: 8.17   Max: 17.62
Current: 6.49

During the past 1 years, Mawson Finland's highest Cash to Debt Ratio was 17.62. The lowest was 6.49. And the median was 8.17.

TSXV:MFL's Cash-to-Debt is ranked worse than
56.45% of 2581 companies
in the Metals & Mining industry
Industry Median: 20.95 vs TSXV:MFL: 6.49

Mawson Finland Cash-to-Debt Historical Data

The historical data trend for Mawson Finland'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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Mawson Finland Cash-to-Debt Chart

Mawson Finland Annual Data
Trend May24
Cash-to-Debt
6.85

Mawson Finland Quarterly Data
Nov23 May24 Aug24 Nov24
Cash-to-Debt 17.62 6.85 9.49 6.49

Competitive Comparison of Mawson Finland's Cash-to-Debt

For the Other Precious Metals & Mining subindustry, Mawson Finland'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.

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

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

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


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Mawson Finland 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.

Mawson Finland's Cash to Debt Ratio for the fiscal year that ended in May. 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)
=3.772 / (0.095 + 0.456)
=6.85

Mawson Finland's Cash to Debt Ratio for the quarter that ended in Nov. 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)
=3.271 / (0.1 + 0.404)
=6.49

* 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.

Mawson Finland  (TSXV:MFL) 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.

Mawson Finland Cash-to-Debt Related Terms

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Mawson Finland Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mawson Finland Ltd (TSXV:MFL) » Definitions » Cash-to-Debt
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Traded in Other Exchanges
PM6:Germany
Address
110 Yonge Street, Suite 1601, Toronto, ON, CAN, M5C 1T4
Website
https://www.mawsonfinland.com
Mawson Finland Ltd is a mineral exploration company. The company is engaged in exploration and development of precious and base metal properties like gold and cobalt in the lapland region in Finland. The projects of the company includes Rajapalot Gold-Cobalt Project, Rompas Vein Gold project, and other projects.