Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Majestic GoldTSXV:MJS Cash-to-Debt is 0.29 as of Mar. 2026, which is 83% below its 10-year median of 1.70. The stock has 6 warning signs investors should review. Among 2,618 Metals & Mining companies, Majestic Gold ranks worse than 85.1% on this metric.
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. Majestic Gold's cash to debt ratio for the quarter that ended in Mar. 2026 was 0.29.
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, Majestic Goldcouldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for Majestic Gold's Cash-to-Debt or its related term are showing as below:
TSXV:MJS'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.26 Med: 1.7 Max: 1273.35
Current: 0.29
During the past 13 years, Majestic Gold's highest Cash to Debt Ratio was 1273.35. The lowest was 0.26. And the median was 1.70.
TSXV:MJS's Cash-to-Debt is ranked worse than 85.1% of 2618
companies
in the Metals & Mining industry
Industry Median: 33.605
vs TSXV:MJS: 0.29
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.
Majestic Gold Cash-to-Debt Related Terms
Majestic Gold Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Majestic 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.
For the Gold subindustry, Majestic 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.
Majestic Gold Cash-to-Debt vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Majestic Gold's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Majestic Gold's Cash-to-Debt falls into.
* 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.
Majestic Gold (TSXV:MJS) has a Cash-to-Debt of 0.29 as of Mar. 2026. This is 83% below median its historical median of 1.70. Over the past decade, Majestic Gold's Cash-to-Debt has ranged from 0.26 to 1,273.35. According to the industry distribution chart, Majestic Gold ranks #2228 out of 2618 companies in the Metals & Mining industry, placing it in the top 85.1%.
Is Majestic Gold's Cash-to-Debt too high?
Majestic Gold's current Cash-to-Debt of 0.29 is 83% below median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 1,273.35. The Metals & Mining industry median Cash-to-Debt is 33.61. Majestic Gold's value of 0.29 is 99.1% below this industry median. Based on the distribution chart, Majestic Gold ranks #2228 out of 2618 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Majestic Gold's Cash-to-Debt compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Majestic Gold ranks #2228 out of 2618 companies for Cash-to-Debt. This places Majestic Gold in the lower half of its industry. The industry median Cash-to-Debt is 33.61. Majestic Gold's value of 0.29 is 99.1% below this benchmark. Historically, Majestic Gold's own Cash-to-Debt has ranged from 0.26 to 1,273.35 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 33.61, Majestic Gold has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Metals & Mining company?
The median Cash-to-Debt among Metals & Mining companies is 33.61, based on 2,618 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Majestic Gold's current Cash-to-Debt of 0.29 is 99.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Metals & Mining industry, the median Cash-to-Debt is 33.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Majestic Gold's current Cash-to-Debt is 0.29, which is 83% below median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Majestic Gold stock overvalued right now?
Based on GuruFocus' analysis, Majestic Gold (TSXV:MJS) is currently considered Modestly Undervalued. The stock's GF Value™ is C$0.14, compared to a current price of C$0.10 — trading 28.6% below its estimated fair value. The current Cash-to-Debt is 0.29, which is 83% below median its 10-year median of 1.70 and 99.1% below the Metals & Mining industry median of 33.61. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Majestic Gold (TSXV:MJS), the current Cash-to-Debt is 0.29 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Majestic Gold Corp is a gold mining company with mining operations in China, as well as exploration and evaluation properties held directly in China and Canada. Its key mineral property interests and mining operations are located in China, comprising the Songjiagou Gold Project, its flagship project, and the Mujin Gold Project. Additionally, it holds interests in the Sunset-Sunrise Mineral Property in Canada. Majestic Gold generates the majority of its revenue through the sales of gold bullion, and to a lesser extent, from the sales of sulfur.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSXV:MJS has been successfully added to your 
