Global Uranium (XCNQ:GURN) Cash-to-Debt : 3.18 (As of Jul. 2024)

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What is Global Uranium 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. Global Uranium's cash to debt ratio for the quarter that ended in Jul. 2024 was 3.18.

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, Global Uranium could pay off its debt using the cash in hand for the quarter that ended in Jul. 2024.

(1) 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.

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

XCNQ:GURN' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.18 Med: 5001.59 Max: No Debt
Current: 3.18

During the past 2 years, Global Uranium's highest Cash to Debt Ratio was No Debt. The lowest was 3.18. And the median was 5001.59.

XCNQ:GURN's Cash-to-Debt is ranked worse than
60.56% of 2581 companies
in the Metals & Mining industry
Industry Median: 20.17 vs XCNQ:GURN: 3.18

Global Uranium Cash-to-Debt Historical Data

The historical data trend for Global Uranium'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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Global Uranium Cash-to-Debt Chart

Global Uranium Annual Data

Trend

Jan23

Jan24

Cash-to-Debt

N/A

No Debt

Global Uranium Quarterly Data
	Jan23	Jul23	Jan24	Jul24
Cash-to-Debt	N/A	N/A	No Debt	3.18

Competitive Comparison of Global Uranium's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Global Uranium'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.

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

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

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

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Global Uranium 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.

Global Uranium's Cash to Debt Ratio for the fiscal year that ended in Jan. 2024 is calculated as:

Global Uranium had no debt ⁽¹⁾.

Global Uranium's Cash to Debt Ratio for the quarter that ended in Jul. 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)
	=	0.264	/	(0	+	0.083)
	=	3.18

Global Uranium (XCNQ:GURN) 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.

Global Uranium Cash-to-Debt Related Terms

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

Global Uranium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Global Uranium Corp (XCNQ:GURN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GURFF:USA Q3J:Germany

Address

1930 – 1177 West Hastings Street, Vancouver, BC, CAN, V6E 4T5

Website

https://www.globaluranium.com

Global Uranium Corp is engaged in the exploration and development of uranium. Its projects include Wing Lake Property and Wyoming Projects.

Executives

Sangjin (john) Kim

Director

Global Uranium Headlines

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